CHICAGO, May 3, 2016 /PRNewswire/ -- At a recent presentation in Washington DC, Michael Wong, JD (Executive Director, Physician-Patient Alliance for Health & Safety) asked, "Are hospitals giving away money?"
An analysis of more than 3,300 closed claims of the American Society of Anesthesiologists by Julia I. Metzner, MD, "Risks of Anesthesia at Remote Locations" shows that:
- Almost 1 in 10 events were preventable with monitoring (8.6%)
- About 1 in 4 events were due to substandard care (37.4%)
These preventable patient harms cost hospitals money. Referring to Dr. Metzner's research, Mr. Wong said that the median payment per claim can be $210,000 for events that occur in the operating room and $330,000 for claims that occur outside the operating room.
The benefits of continuous electronic monitoring have been proven by hospital experience, said Mr. Wong:
- White Memorial Medical Center (Los Angeles, CA) has reduced rapid response activations by more than 50% since the implementation of continuous electronic monitoring.
- St. Joseph/Candler Hospitals (Savanah, GA) has had more than 10 years of "event free" use of patient controlled analgesia; this has resulted in an estimated $4 million potential expenses averted (not including potential litigation costs) and a 5-year return on investment of $2.5 million.
"Opioid safety, for patients receiving opioids in hospital and healthcare facilities," said Mr. Wong, "is the management and minimization of the risks of respiratory compromise, adverse events, and death through continuous respiratory monitoring with pulse oximetry for oxygenation and with capnography for adequacy of ventilation."
For a pdf of the presentation, please click here.
About Physician-Patient Alliance for Health & Safety
Physician-Patient Alliance for Health & Safety is a non-profit 501(c)(3) whose mission is to promote safer clinical practices and standards for patients through collaboration among healthcare experts, professionals, scientific researchers, and others, in order to improve health care delivery. For more information, please go to www.ppahs.org.
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SOURCE Physician-Patient Alliance for Health & Safety