Saint Mary’s Hospital Realizes Net Positive Gain of $305,000 by Optimizing Physician Alignment with Dynafios C2i Process & 4CAST Healthcare AnalyticsHospital & Physicians Group Drive Improvements in Quality of Care by Using Dynafios Innovative Physician Alignment Methodology Supported by Analytics Software
January 15, 2018—Seattle— Dynafios (www.dynafios.com), a leading analytics and healthcare consulting company revolutionizing the business of healthcare, is pleased to announce that Saint Mary’s Hospital Waterbury and Neurosurgery, Orthopaedics & Spine Specialists (NOSS), achieved outstanding success driving quality of care and $305,000 in cost saving initiatives. By deploying the Dynafios C2i methodology and Dynafios 4CAST healthcare analytics platform, these two esteemed healthcare organizations achieved overwhelming results optimizing patient outcomes and improving financial performance.
Saint Mary’s Hospital is a not for profit, acute care, Level II Trauma Center and a Yale-affiliated teaching hospital located in Waterbury, Connecticut. A Trinity Health of New England healthcare organization, Saint Mary’s contracted Dynafios to lead physician alignment initiatives to enhance patient outcomes and reduce costs. Saint Mary’s and NOSS used the Dynafios C2i physician alignment methodology to identify opportunities for improvement and to institute change throughout the organization.
Ten key performance indicators (KPIs) were agreed upon by the hospital and NOSS through a newly formed C2i team of representatives across all disciplines of the organization. This Team then measured and monitored KPIs in real-time on a monthly basis using the Dynafios 4CAST healthcare analytics platform. Standardization and best practices were created, disseminated and implemented as the Team reviewed ongoing progress of each C2i initiative.
The C2i methodology is an innovative approach to physician alignment. C2i initiates consistent transformative change across multiple disciplines, rather than uneven and siloed change within one discipline in a single service line. Dynafios C2i creates a holistic vision transforming the organization by leveraging clinical ambassadors to disseminate positive change globally, which is then measured and monitored through Dynafios 4CAST healthcare analytics.
Dynafios tracked quality, operational, strategic and financial indicators, and verified results.
The following are a few of the achievements reported:
- Net positive gain of $305,000 by reducing inpatient length of stay (LOS) .3 days for all inpatient procedures by implementing best practices and pain management protocols in conjunction with anesthesia.
- Improved median variable contribution margin (CM) by approximately $550 per case.
- Increased operating room efficiency by improving first case on time starts by 45 percent and reducing turnover times by 10 percent.
- Improved patient satisfaction and quality resulting in programmatic growth with increased elective procedures.
“By taking physician alignment to the next level with the C2i methodology, this prestigious healthcare institution enhanced patient outcomes, implemented best practices and standardized protocols to achieve a significant net positive financial gain,” said Steve Elliott, CEO and co-founder of Dynafios. “The Dynafios C2i methodology is the next level in physician alignment, creating a lean, agile organization and accelerating positive change throughout. Combine C2i with Dynafios 4CAST healthcare analytics and Saint Mary’s has a winning combination and are well positioned for even greater achievements this year.”
A comprehensive case study is available documenting the achievements of Saint Mary’s and NOSS using the Dynafios C2i methodology with 4CAST healthcare analytics platform. To read the complete story, download the case study from the Dynafios website at https://www.dynafios.com/knowledge-center/case-studies/saint-marys-hospital-aligns-physicians/.
About Trinity Health of New England | Saint Mary’s Hospital Waterbury
Saint Mary’s Hospital in Waterbury, Connecticut is an acute care, community teaching hospital serving the community since 1909. Licensed for 347 beds, the hospital offers a Level II Trauma Center, a flourishing residency training program, a host of specialty medical services and skilled, compassionate healthcare providers. In 2016, Saint Mary’s became part of Trinity Health of New England, one of the largest multi-institutional Catholic healthcare delivery systems in the nation. For more information, visit www.stmh.org.
About Neurosurgery, Orthopaedics & Spine Specialists, PC
Neurosurgery, Orthopaedics & Spine Specialists (NOSS) was formed in 2008 by fusing three well-established specialty medical practices that shared a deep commitment to patient outcomes. NOSS includes board certified providers in a variety of specialties and is an advocate of patient education. For more information, visit www.nossmd.com.
Dynafios (www.dynafios.com) is a leading analytics and healthcare consulting company helping both hospitals and health systems become more successful in a dynamic and ever-changing environment. Dynafios software products include 4CAST Analytics Platform and TRACE, a mobile physician timekeeping and contract compliance tool. Health systems and leadership utilize the Dynafios 4CAST Analytics Platform and the TRACE app to work closely with providers in reducing variation, driving performance and elevating compliance. Visit us at www.dynafios.com, call 877.858.3282 or email info(at)dynafios.com to learn more about our wide range of consulting services and analytics tools, and how we can help transform your organization.
Dynafios, Dynafios logo, C2i and 4CAST are trademarks of Dynafios.
Cherie Wentz Blehm