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Driving ROI: The Business Case for an Early Warning Scoring / Predictive Analytics Solution White Paper

July 14, 2021

The goal of this white paper is to highlight examples of operational and business benefits that can be realized with an early warning scoring (EWS) / predictive analytics solution. Hobson & Company, a research firm focused on Return on Investment (ROI) studies, conducted in-depth, one-hour interviews with existing Ascom customers, testing and confirming the sources of value generated by an Ascom solution, and collecting data points to quantify the impact post-Ascom implementation.

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After applying Ascom solutions, customers revealed their resulting data with these Early Warning Scoring / Predictive Analytics:

  • Reduce time spent on early warning scoring calculations.
  • Consolidate multi-vendor tools and integration efforts.
  • Help reduce the number of unplanned ICU admissions.
  • Help reduce the number of preventable codes.
  • Help reduce the number of readmissions.
  • Help reduce length of stay (exceeding expected LOS).
  • Help increase patient throughput / bed utilization.
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Key data reported and ROI findings presented:

  • Reduction in time spent on early warning scoring calculations.
  • Reduction in IT support time, integration support, hardware maintenance, and software subscription costs.
  • Reduction in the number of unplanned ICU transfers.
  • Reduction in the number of preventable codes outside the ICU.
  • Reduction in the number of readmissions (within 30 days of discharge) per month.
  • Reduction in number of days per length of stay.
  • Increase in the number of patients admitted per month.
  • 5-Year net present value (NPV) and return on investment (ROI).
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Read about what Ascom customers identified benefits of moving to an early warning scoring  and predictive analytics solution in the areas of streamlining processes, improving quality of care and safety, and enhancing patient experience and how these challenges were addressed and delivered measurable results and a strong return on investment.

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