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The impact is compelling. HI-IQ drastically reduces the amount of time you’ll spend on case documentation and reporting,
freeing you up to spend more time on high-value activities such as patient care. Saving time on documentation and reporting is only one way that departments like yours benefit from using HI-IQ.
Contact us to for a free assessment to evaluate how HI-IQ could financially impact your department.
Want to see how you can increase your revenue by $382,000, and save 255 hours per year? Consider this example:
Current:
Caring Hospital’s IR department performs about 30 cases per week, with an average case length
of 60 minutes and an average reimbursement of $1,500 per case. All of their QA processes are
manual, data is collected from various sources and recorded on paper in a log book. Once a month,
the IR Section Chief blocks his schedule and spends about 6 hours culling through the log book, the
Radiology Information System and paper charts to create reports for Peer Review, Morbidity &
Mortality Conference and for the hospital’s radiation physicist.
Total time spent on documentation:
30 cases/week x 10 minutes/case = 300 minutes/week, or 260 hours/year
Total time spent on reporting:
6 hours/month x 52 weeks/year = 72 hours/year
Future:
Fast forward... for the past 3 months, Caring Hospital’s IR department has been using HI-IQ to track
all of their IR patient and case data. Documentation that used to take 10 minutes per case now takes
just under 3 minutes per case. At the end of the month, the IR Section Chief runs a few reports in
HI-IQ, and in less than 20 minutes has everything he needs for Peer Review, Morbidity & Mortality
as well as the hospital’s radiation physicist.
Total time spent on documentation:
30 cases/week x 2.8 minutes/case = 84 minutes/week, or 72.8 hours/year
Total time spent on reporting:
20 minutes/month x 52 weeks/year = 17.3 hours/year
Net Result:
Total time saved by using HI-IQ for documentation:
187 hours/year
Total time saved by using HI-IQ for reporting:
68 hours/year
Total time saved by using HI-IQ:
255 hours/year
Total revenue opportunity:
$382,000 per year
(255 hours / 1 hour per case = 255 cases x $1,500 reimbursement / case)
Learn More:
Saving time on documentation and reporting is only one way that departments like yours benefit from using HI-IQ. Contact us to for a free assessment to evaluate how HI-IQ could financially impact your department.
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