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Trauma Image and Management Exchange

Trauma Image and Management Exchange. Save Time, Save Money, Save Lives. A Real-World Example. Today’s Agenda. TIME Technology Cost Savings New England Pilot Program. The Lila T.I.M.E. Model. TIME User Interface. TIME is Money. The Business Benefits.

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Trauma Image and Management Exchange

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  1. Trauma Image and Management Exchange Save Time, Save Money, Save Lives

  2. A Real-World Example

  3. Today’s Agenda • TIME Technology • Cost Savings • New England Pilot Program

  4. The Lila T.I.M.E. Model

  5. TIME User Interface

  6. TIME is Money The Business Benefits

  7. Repeated Imaging is costly, but CAN be reduced with the TIME Software • Nationwide spending on unnecessary imaging • 17 Billion • Costs of repeat imaging & radiological interpretation • $3,207.50

  8. Repeated Imaging is costly, but CAN be reduced with the TIME Software • Implementing TIME will cost $600,000 • Will it pay off ??

  9. New England Pilot Program

  10. Cost Savings • Trauma Patients: • 1,700 • Hospital Savings: • $2.8 million • New England Savings: • $33.7 million

  11. Why Hospitals Need to Act Now • $17.2 billion for healthcare IT • $2 million annually for 5 years • Payments begin on October 1, 2011 • Up-front costs could be “reimbursed”

  12. In Conclusion • TIME technology is straightforward yet practical • Saves hospitals between $2-$3 million per year • Can be implemented free of cost with government funds

  13. One Final Note... “[Robert M. Zollinger’s] studies… showed that trauma surgeons were pioneers in error reduction and quality improvement long before interest in medical errors and patient safety became widespread” - Russell L. Gruen, MD

  14. Q&A

  15. Cost Savings per Hospital

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