Research continues to show 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.

Exceptionally Positive Financial Return

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

 

Estimated Cost of Adverse Events $5,000 $12,000 $27,000
Hospital Admissions/year
Hospital Savings over 3 years
Hospital Savings over 3 years
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

For a Free Financial Analysis

Click Here