Centura Health leveraged a subscription to the Hayes, Inc. Knowledge Center and their Evidence Advisor service for two large projects. In an effort to reduce clinical variation, they utilized the unbiased evidence assessments and recommendations for product standardization and utilization management.
Successes of the initiatives included:
- Annualized cost savings from $600,000-$900,000 for one procedure
- Successful vendor renegotiations while maintaining physician preference/patient choice
- Utilization of evidence for comparisons regarding future new health technology acquisition
Check out this case study to see how we’ve saved a large hospital system millions of dollars.