How Data Drives Value in Perioperative Service and Beyond

In the fast-evolving landscape of healthcare, true, quantitative data has emerged as an indispensable asset to drive critical decisions and positive change. While this applies throughout the healthcare ecosystem, it is especially true for the perioperative suite.

Below are five ways that data can help healthcare organizations not just collect data but use it to create operational and financial improvements.

1. Data-driven decision-making: Hospitals often face challenges such as compensation pressures, shifts in payor models, or the need to introduce new service lines for revenue generation. The strongest way to make a compelling case for such changes within a facility or system is to have, understand, and apply high-quality data. Data is the most powerful tool to convince stakeholders of the necessity for specific operational adjustments, especially if this may require upfront investments.
2. Benchmarking: The ability to compare data from your institution with that of others—either within the same health system, the same local market, or across the industry—is invaluable. It provides a clear picture of where a healthcare facility stands and uncovers pathways to elevate clinical care and financial wellness in a transparent way.
3. Operating room (OR) utilization: Low or ineffective OR utilization creates a significant barrier to realizing the true potential of a perioperative suite. It not only impacts revenue, but it also affects the ability to request higher compensation, additional resources, newer equipment, and more. Understanding the actual baseline of OR usage is necessary to take active steps toward efficiency and improvement without compromising on quality and services.

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