ROI from AI: Unlocking Scarce Capacity in Health Systems

Hospital C-Suites/system leaders are under a tremendous amount of pressure to continue serving a growing number of patients in their communities despite staffing shortages and resource constraints. While the pandemic contributed to unforeseen strains on the healthcare system it also amplified, and inspired, the need for innovative solutions to address operational challenges of matching supply and demand that other industries tackled years ago. 

 

So how can healthcare leaders who are charged with “doing more with less" meet these increasingly high demands? The answer lies in leaning into what other resource-intensive industries like airline, package delivery, and rideshare have successfully achieved: adopting machine learning, AI, and predictive and prescriptive analytics to drive operational decisions. 

 

Sounds too good to be true? It's not. Fortunately you can “stand on the shoulders” of your industry peers that have adopted AI:

 

  • In operating room operations and generated a $40 million in contribution margin for their health system (which translated into a 10x+ ROI)
  • In infusion centers that decreased infusion patient wait times by 30%, and delivered an average increase of $20,000/infusion chair per year
  • In patient flow management, where a health system achieved an 8% decrease in opportunity days, the equivalent to $8 million in ROI during the pandemic

 

Access the white paper today to learn more.

Sponsored by: