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Patient Safety ROI Calculator

profit-calculatorWhile patient safety and quality are critical elements to population health, performance improvement initiatives from these departments can also provide a substantially positive financial impact on hospitals and especially systems.

But making the business case to senior leadership for an initiative or a new product or service can be difficult. This tool can help your team predict the return on investment of a patient safety or quality initiative that prevents a certain number of adverse events while also taking into account the soft cost of team time.

The data provided can also be used to establish an “Events to Prevent Goal” for an initiative to ensure it has a neutral or positive financial impact on your organization.

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About American Data Network

Since 1994, we’ve made it our mission to be the company you can trust to understand your healthcare quality and patient safety needs and to develop customized solutions and services to meet them. Our clients include hospitals from all across the country, ranging in size from 10 beds to 800. Our suite of services and data applications, which are consistently updated to meet ever-changing guidelines, includes: a Core Measures & Registries Data Abstraction Service, a Core Measures Application, a Patient Safety Event / Incident Reporting Application for patient safety event and risk management, a Clinical Benchmarking System, and Performance Reporting System.