Congress 2015 Speaker in the Spotlight
Thursday, March 26, 2015
Posted by: Sara Reardon
This week’s Speaker in the Spotlight:
Eyal Zimlichman MD, MSc
Dr. Zimlichman is an internal medicine physician, a health care executive and a researcher focused on health care quality improvement and patient safety. He is currently Deputy Director General and Chief Quality Officer at Shelba Medical Center, Israel’s largest hospital. Prior to the, He has held the position of Lead Researcher at Partners Health Care Clinical Affairs Department in Boston and conducted research on implanting technology to improve health care quality and patient safety at Brigham and Women’s Hospital and Harvard Medical School affiliated Center for Patient Safety Research and Safety
Is this your first time speaking at NPSF’s Annual Congress?
What are you most looking forward to at Congress?
I am looking to network with colleagues around topics of interest to me, learn from successful patient safety implementations.
What does patient safety mean to you?
- The application of knowledge, technology and culture to enhance health care quality and safety.
- First do no harm – primum non nocere.
You can find Dr. Zimlichman in the Accelerating the Cost Case for $afety track in Session 105 from 9:45AM – 10:45 AM on Thursday during Congress. For a full description of his session please see below. To register for the NPSF Congress, click here. To view details about other breakout sessions, click here.
Session 105: From Cost Savings to Return on Investment: Two Case Studies Demonstrating the Business Case for Patient Safety
With current cost sensitive reality health care providers need to balance any potential benefits with financial implications. One of the barriers for implementing patient safety initiatives, whether technology based or changing practice, has always been the cost implications. While traditionally health care executives have been focused on generating revenues and less on cost savings, recent financial burden as well as new payment policies has pushed attention to the potential of cost savings. This represents an opportunity for enabling more investment in patient safety but also requires that health care researchers and policy makers demonstrate the evidence for the potential savings as well as determine the return on investment (ROI) for safety interventions. This new reality requires patient safety and quality professionals to understand and be able to demonstrate financial implications which include pointing to potential cost savings as well as advocate through estimating return on investment.
In this talk I will present two case studies that will demonstrate how this can be achieved. With growing evidence continuous monitoring on general floors is establishing itself as a best practice that prevents patient deterioration and avoidable deaths. Yet many hospitals are reluctant to implement due to cost concerns. As established in a study conducted in one acute care community hospital, implementation has likely led to a significant reduction in intensive care utilization for patients who needed to be transferred from the general floors. I will demonstrate how this technology implementation was found to be highly cost efficient, exhibiting a surprising ROI. Another example provided will assess and compare implementation of Computerized Physician Order Entry (CPOE) systems in 5 community hospitals demonstrating implementation and cost savings and overall ROI. The variability in ROI between the facilities will teach us on what is likely needed to maximize cost savings and establish a positive return.
Upon completing this session, attendees will be able to:
- Understand the importance of demonstrating return on investment to promote patient safety interventions.
- Be familiar with some of the evidence for such patient safety interventions as continuous monitoring on general floors, CPOE systems and avoiding health care associated infections.
- Understand how to establish estimated cost savings and what is needed for assessing ROI.