October 17, 2013
New technologies help drive health care providers' ability to create more satisfied customers and improve the bottom line, just like any business.
In the quest to improve care, enhance outcomes and lower cost - the so-called "Triple Aim" goals of health care today - new medical technologies are the common thread:
- Information technologies - such as electronic patient medical records, allow patient data to be shared to an integrated network of medical professionals to speed care and reduce errors
- Diagnostic technologies - such as precise, three-dimensional CT scans that improve diagnosis and require less radiation
- Surgical technologies - including robotics, that reduce surgical times and speed recoveries.
The full value of new technologies, however, is realized in the skilled hands of the surgeons, physicians and clinicians using them to save lives.
High Return on Investment
Most industries are people intensive or capital intensive. Health care is both. Our return-on-investment analysis looks at three factors: cost to acquire a new technology, the revenue it may generate, and its potential to improve care. Improving care is the tie-breaker in investment decisions. Despite the rigor and scientific process we employ in making decisions, at times it remains a judgment call regarding the real value of better care.
Physician Involvement is Key
Great technology is simply an enabler for physicians and medical professionals to make better decisions that lead to superior outcomes. That's why our physicians are integrally involved in making technology investment decisions at TriHealth. By providing the extensive training and support our physicians and professionals need, they're able to unlock everything a technology may offer.
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