RESEARCH SHOWS THAT MEDICAL ERRORS ARE A SERIOUS SOURCE OF FINANCIAL LOSS FOR HOSPITALS ACROSS THE COUNTRY:

analyzed 350,000 malpractices cases, communication was shown to be a factor in 30% of cases, which represented $1.7 billion in total incurred losses.

estimated that as many as 80% of serious medical errors involve miscommunication between caregivers during transfers of patients.

I-PASS Implementations Lead to Significant Reductions in Costs

Adverse events are costly, and a reduction in adverse events can result in significant savings. The insurer and the hospital share a mutual financial benefit when a standardized handoff program is implemented.

Annual Savings of Malpractice Claims

I-PASS Annual Savings of Malpractice Claims

Annual Savings from Costs Avoided

I-PASS Annual Savings From Costs Avoided
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Exceptionally Positive Financial Return

I-PASS program prevents ~1.5 adverse events per 100 hospital admissions per year

Mobile users, please scroll horizontally in the table below to see potential hosptial savings with varying costs of adverse events at $5,000,  $12,000, and $27,000 during a 3 year period.

Est. Cost of Adverse Events $5,000 $12,000 $27,000
Hospital Admissions/year Hospital Savings over 3 years
10,000 $2.2M $5.4M $12.1M
25,000 $5.6M $13.5M $30.3M
50,000 $11.2M $27.0M $60.7M

1. Costs of adverse events in intensive care units. Kaushal R, Bates DW, Franz C, Soukup, JR, Rothschild, JM. Crit Care Med. 2007 Nov; 35 (11): 2479-83. PMID: 1782803

2. American Journal of Medical Quality, p 1-7, DOI:10.1177/1062860615608938

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