South Florida Hospital News
Sunday April 21, 2019
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January 2011 - Volume 7 - Issue 7

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Generate New Hospital Revenues with Sleep Medicine

Sleep Disorders a Growing Problem
According to the National Sleep Foundation, the number of people reporting sleep problems has increased 13% since 2001. And with current economic and unemployment concerns, sleep problems are expected to increase in future years. This fact has far reaching consequences, not only on a patient’s physical and mental health, but also on the financial health of hospitals, and the overall health of society as well. The statistics in the table to the right gives an overview of the pervasive impact of sleep disorders on the health of patients, hospitals and society.
 
As anesthesia & O.R efficiency experts, we are acutely aware of the effect sleep disorders have on patient and hospital health. Anesthesiologists are strongly recommended to screen for sleep apnea prior to the administration of sedation medications. And, moderate to severe Obstructive Sleep Apnea (OSA) is one of the most common reasons for an anesthesiologist to cancel a surgery, requiring patients to obtain treatment for their disorder before surgery can be rescheduled. While nothing is more important than patient safety, surgery cancellations create an inefficient O.R. and therefore a negative financial impact to hospitals.
 
Where there is a Problem there is an Opportunity
In our ever changing healthcare industry, with increasing challenges to hospital revenues and profits from decreasing reimbursements, increasing costs, and an uncertain future, the winners will be the hospitals that look creatively at the changing landscape. A growing problem with sleep disorders is an opportunity for hospitals to build a new business line capable of working in tandem with other hospital departments. In a financially healthy hospital, one department’s revenue loss will be a gain to another department, for an overall financially strong hospital. Building a new sleep lab, or expanding and improving an existing lab, is one such way hospitals are simultaneously improving patient care and their bottom lines.
 
Outsource Your Sleep Lab Management for Quicker Results
Healthcare Performance Companies has more than a decade of experience in sleep and anesthesia management, working with some of the largest hospitals in South Florida and nationally. Healthcare Performance – Sleep works with hospitals to develop “Sleep Centers of Excellence”, providing unparalleled diagnosis and treatment of sleep disorders to patients while growing hospital revenues through business line expansion and efficiencies. Our expert physician, administrative, marketing, strategic and clinical professionals can develop and implement a tailored strategy to transform your sleep center(s) into a significant scalable strategic business that will contribute to your hospital’s revenue and growth in a short timeframe.
 
Increasing hospital revenues and profits while meeting a growing patient need – a Win-Win for all!
 
Sleep Disorder Statistics
• There are over 100 different types of sleep disorders
• The second most common sleep disorder is Obstructive Sleep Apnea (OSA). OSA is estimated to afflict more than 20 million Americans, more than asthma or diabetes, with 85% of cases still undiagnosed
• Common comorbid conditions:
◦ 70% of Type II diabetics have sleep disordered breathing
◦ 50% of congestive heart failure patients have sleep disordered breathing
◦ 40% of hypertensive patients have sleep disordered breathing
◦ 80% of drug resistant hypertensive patients have sleep disordered breathing
• Indirect costs in the U.S. of untreated sleep conditions (property damage, work-loss, etc) is estimated at $28 Billion annually
• Patients with OSA have health care costs that are two times higher than those without OSA
• 81% of hospitalized patients are at a high risk for OSA which may increase complications
For more information about Healthcare Performance Companies, visit www.drivinghp.com or e-mail info@drivinghp.com.
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