Hospitals can leverage artificial intelligence-enabled platforms to reduce costs and improve patient satisfaction by focusing on optimizing high-value assets. These assets, such as operating suites, robotic technology, MRI equipment, and highly paid clinicians, have the potential to generate significant revenue for hospitals.
Idle high-value assets do not generate income for the hospital, making them a prime target for resource utilization improvements. Dr. Mark Davis, Chief Operating Officer at Baptist Health South Florida’s Miami Cancer Institute, emphasizes the importance of these assets in patient care and the significant cost required to maintain them. He acknowledges that fixed assets like operating rooms incur losses when left unused, often due to scheduling challenges.
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