Hospital capacity has been pushed to the brink during the pandemic. But what if smarter use of data could help hospitals serve more patients without adding beds or staff?
Let's look at one hypothetical regional hospital with 300 beds. The average cost of a hospital stay is $10,700. Now imagine the hospital implemented a modern data system, including AI and real-time data sharing.
This system reduces each patient's length of stay by just 4 hours through faster test ordering, streamlined discharge, and other efficiencies.
With 300 beds turning over ~2 times per week, this 4 hour reduction would free up ~2400 additional patient-days per year. At $10,700 per stay, that's an extra $25 million in potential annual revenue for the hospital without any added overhead.
This expanded capacity would allow the hospital to serve more patients. That's better access for the community. Patients also save money and stress with shorter stays.
The downstream benefits are immense: fewer delays in care, fewer complications from extended hospitalizations, and less caregiver burnout.
Modern hospital data systems supercharge efficiency and free up capacity. The ROI for hospitals and communities is too substantial to ignore. AI and interoperability are ready for prime-time.
As data systems expand, we estimate nationwide hospital capacity could increase by 5-10%, delivering better patient care while addressing profitability and staffing challenges. The data is clear - hospital digitization needs to accelerate now.