Question
calculate the financial savings for your classmate using primary source literature and safety organization data Specific to the percentage gain in decimal points you may
calculate the financial savings for your classmate using primary source literature and safety organization data Specific to the percentage gain in decimal points you may make up some Cost Per Sepsis or Septic Shock Diagnosis $17,126 2020 Baseline # of Sepsis and Septic Shock Cases 300 Total 2020 Sepsis and Septic Shock Costs $5,137,800 March 2021 March 2022 # of Sepsis and Septic Shock Cases 40 Total March 2021 March 2022 Sepsis and Septic Shock Costs $685,040 Net Return from Improvement Actions (Numerator) $5,137,800 - $685,040 = $4,452,760 Total Financial Investment of Quality Improvement Interventions (Denominator) $281,000 ROI Calculation $4,452,760 / $281,000 = $15.85
calculate the financial savings for your classmate using primary source literature and safety organization data Specific to the percentage gain in decimal points you may make up some Cost Per Sepsis or Septic Shock Diagnosis $17,126 2020 Baseline # of Sepsis and Septic Shock Cases 300 Total 2020 Sepsis and Septic Shock Costs $5,137,800 March 2021 March 2022 # of Sepsis and Septic Shock Cases 40 Total March 2021 March 2022 Sepsis and Septic Shock Costs $685,040 Net Return from Improvement Actions (Numerator) $5,137,800 - $685,040 = $4,452,760 Total Financial Investment of Quality Improvement Interventions (Denominator) $281,000 ROI Calculation $4,452,760 / $281,000 = $15.85
Adverse Event ("AE") Name: Septis Shock Absolute Increase in Mortality Rate per AE: Plan for Excess Capacity: Additional "Pure Variable Cost" per AE: Additional "Sticky Variable Cost" per AE: Additional Gross Revenue per AE: Average Number of "Opportunity Patients" Foregone per AE: Max Number of "Opportunity Patients" Foregone per AE: Total Net Revenue of Average "Opportunity Patient": "Dark Green Dollars" Gained per AE Prevented: $0 "Light Green Dollars" Gained per AE Prevented: $0 Total Potential Gains per AE Prevented: $0 Improvement Project Initial Costs: Improvement Project Recurring Annual Costs: Annual Opportunity Investment Rate of Return:
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