Information and point-of-care solutions provider Wolters Kluwer Health, US, has announced the release of additional data demonstrating best practice findings and return-on-investment (ROI) achieved through hospital implementations of ProVation Order Sets, powered by UpToDate Decision Support. Specifically, aggregated data from several hospitals revealed that the ROI associated with use of evidence-based order sets and a clinical content management system was significant, with time-to-payback for the investment as low as 13 months.
ROI analyses were conducted on data from three hospitals including Southeast Alabama Medical Center (Dothan, AL) and FHN Memorial (Freeport, IL), all of which have implemented ProVation Order Sets with their CPOE systems. Summarised in a new report from IDC Health Insights, 'Technology Selection: Optimizing the Creation and Maintenance of Order Sets for Ongoing CPOE Success', Doc #HI242872, August 2013 (subscription required), the results demonstrate increased productivity for medical and clinical staff, gains in operating profit, improved physician satisfaction and expected financial incentives from federal initiatives such as Value-Based Purchasing and Meaningful Use.
A central component of a healthcare organisation's patient care and quality measures improvement strategy, ProVation Order Sets provides evidence-based order set templates for use in CPOE systems. Templates also include embedded links to UpToDate recommendations, thousands of UpToDate narratives and links to regulatory quality measure definitions, all of which can be delivered in the CPOE system for use at the point of care. Access to order sets within CPOE streamlines delivery of standardised care and helps drive improvements in patient safety, outcomes, clinician performance and regulatory compliance.
The report will be the focus of a webinar, 'Maximize ROI by Leveraging Evidence-based Order Sets and Clinical Content Management Systems,' taking place October 9, 2013 at 11 a.m. CDT and featuring Hanover, IDC Vice President of Business Value Consulting Randy Perry, and a panel of ProVation customers. Registration for the webinar can be accessed here.
