RESULTS

PeriGen’s solutions were developed to assist clinicians in providing safer care to their patients. With improved, measurable clinical outcomes, hospitals have decreased their malpractice exposure and reduced their self-insured reserves.

See actual client results for: 

• Improved Outcomes
• Decreased MedMal 
• Increased Revenue 
• Increased Efficiency 

Arnold Cohen, MD, Chair of the Department of OB/Gyn, Albert Einstein Medical Center speaks to decreased malpractice risk with PeriBirth. 

PeriCALM® is the only fetal monitoring system (EFM) enhanced with clinical decision support tools to assist in accurate, repeatable and objective labor monitoring. In addition to fetal surveillance and archiving, PeriGen’s patented fetal monitoring system assists clinicians in the assessment of labor progress, fetal heart rate (FHR) interpretation, and early identification of shoulder dystocia.

PeriBirth contributes measurable clinical and financial value from the first day of operation.  For clinicians and the hospitals in which they care for patients, PeriBirth’s impact is captured in four key areas: 

• Measurable improvement in clinical outcomes, benchmarked against national standards and peer hospitals
• Documented claims reduction and decrease in medical malpractice reserves
• Quantifiable revenue increase resulting from improved documentation and charge capture
• Measurable increase in productivity due to accurate documentation, easy access to data and report generation, and documented compliance with patient care quality parameters

 Improvement in Clinical Outcomes and Decrease in Complications

PeriBirth addresses the root causes of preventable medical errors:  errors of communication and errors of cognition.  Scientific literature shows that 40%-50% of birth traumas that occur in the United States each year are potentially avoidable.  By reducing the incidence of complications, PeriBirth assists clinicians in improving clinical outcomes. 

In addition to PeriBirth’s clinical decision support protocols and real-time monitoring of the patient’s changing condition, the system generates detailed reporting data.  Each hospital’s clinical outcomes are benchmarked against national trends as well as against peer hospitals.  With objective, comprehensive data, clinicians can truly see clinical outcomes in a meaningful context. 

PeriGen clients have used the PeriBirth system to help them reduce and even eliminate elective inductions of less than 39 weeks; reduce the use of potentially harmful labor inducing drugs; and ensure compliance with the hospital’s patient safety protocols.  

Reduction in Medical Malpractice and Decrease in Claims

Read the article, Partnering with Technology to Reduce OB Losses, that documents the reduction in claims and self-insured reserves MedStar Health experienced as a result of PeriGen’s clinical decision support system.

Reduction in Medical Malpractice

The consequences of medical malpractice in OB are enormous.  PeriGen solutions were developed to reduce preventable errors and support clinicians in providing safer care to their patients. With documented improvements in clinical outcomes, hospitals can demonstrate a reduction in malpractice exposure which enables them to lower their self-insured reserves. The Journal of Healthcare Risk Management published a 2007 article, Partnering with Technology to Reduce OB Losses, documenting MedStar Health’s recapture of their total investment in PeriGen’s clinical decision support system in less than 2 years.  The ROI was realized through a $3M annual reduction in their self-insurance reserves that was directly tied to the installation of the PeriBirth solution.  Additionally, MedStar, and other clients, have received 10%-15% reductions in their excess insurance premiums due to their use of the system.  

Decrease in Paid Cost of Claims

Another PeriGen client posted equally dramatic results. Typically, when hospitals analyze their Top Ten Claims Centers, Labor and Delivery will be ranked near the top. This was the case for a large health system prior to implementing PeriGen’s clinical decision support system.  In the eight years preceding the installation of the system, Labor and Delivery was the second highest center for paid cost of claims at approximately $49M. In the two years following implementation, Labor and Delivery dropped 92% to $500,000 in paid cost of claims and fell from the second to the ninth slot. 

Revenue Increase Resulting from Improved Charge Capture

A flagship hospital ranked in the Top 100 Best Hospitals experienced a 9.2% volume increase in OB Triage charge capture over the two-year period following the PeriBirth system's implementation.  With an average increase of $98.00 per triage visit, the hospital enjoyed an annual revenue increase of $857,206.  

 Increase in Productivity Measured in Efficiency, Accuracy, and Safety

The word, “productivity” means many things to many people, and is rarely quantified.  PeriGen is unique in defining and quantifying the improved productivity clients enjoy in three key areas: 

• Operational efficiency 
• Documentation accuracy 
• Patient safety