Apr 12
2016
ProModel Unveils FutureFlow Rx Real-Time Prescriptive Patient Flow Platform for Hospitals
Effective hospital management requires new tools based on proven approaches. ProModel, a leader in simulation software used in healthcare, pharmaceutical and aerospace organizations, brings a proven patient flow optimization platform to healthcare in FutureFlow Rx™. The platform provides clinical and management staff with the foresight to predict futures and the power to change them. Patient flow optimization can capture additional revenue by decreasing length of stay (LOS), lower costs by right sizing staffing, and improve quality of care.
With six in ten U.S. hospitals functioning at operational capacity, patient flow optimization provides one of the most cost-effective ways to increase a hospital’s bottom line.
ProModel is the first to market a unified patient flow tool incorporating descriptive, diagnostic, predictive and prescriptive analytics. Utilizing proven discrete event simulation technology, FutureFlow Rx puts powerful predictive insight in the hands of those most qualified to use it — the clinical management staff.
Other predictive analytics solutions can estimate a hospital’s future capacity and bed utilization. Only FutureFlow Rx takes patient flow analytics to the next level. The real-time dashboard suggests specific action plans the staff can use to increase discharges, reduce length of stay, and improve the health of patients.
Using simulation technology developed and tested both in healthcare and logistics, FutureFlow Rx accurately simulates probable futures so hospital staff can make the best placement, discharge, and transfer decisions to optimize hospital operations.
“FutureFlow Rx provides a platform to help hospital staff optimize the patient stay experience by removing bottlenecks and improving ADT issue visibility,” commented Dan Hickman, chief technology officer at ProModel. “Simply providing data does not empower decision makers. In fact, sending too much data can cause clinical operations staff to ignore it altogether. Our patient flow optimization system delivers visual data all hospital staff can easily digest and use to make informed decisions.”
Optimizing Patent Flow Addresses Growing Healthcare Resource Crisis
Patient flow optimization can increase quality of care, decrease wait times, right size staffing and increase revenue by helping clinicians deliver care at the right time in the right place.
• Healthcare systems can lower labor costs by optimizing transfer and discharge processes using patient flow analytics. In an individual hospital, between $2 million and $20 million can be saved based on labor costs alone.
• Every hour of discharge delay costs a hospital $2,500. (Source: Atlantic Health System, HIMSS16)
• Real-time monitoring of the current state of the hospital census and related patient stay information identifies ‘hidden discharges’ to make more space available and increase on-service placements.
• Hospitals can decrease the length of stay (LOS), staff overtime, and nursing hours per patient per day (NHPPD) using discrete event simulation and predictive analytics tied to ADT and staffing systems.
About ProModel
ProModel is a leading provider of technology enabled, predictive analytic decision support solutions. ProModel specializes in custom and COTS (Commercial Off the Shelf) products to help organizations optimize portfolios, projects, processes and resource decisions that best align with business strategy. Founded in 1988, ProModel has over 500 customers and 7,000 active users globally, including over 50% of the Fortune 500. Customers include companies in healthcare, manufacturing, logistics, business reengineering, DoD, pharmaceuticals and financial services. For more information visit promodel.com or call 888-900-3090.
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© ProModel 2016. FutureFlow Rx is a trademark of ProModel. All rights reserved.