Research at John Hopkins has shown that a quality improvement programme to reduce lethal bloodstream infections in hospital intensive care units (ICUs) across the state of Michigan, not only saves lives but also saves around $1 million per year. The researchers say the findings reinforce the idea that reducing preventable harm is the bottom line for patient safety. The paper is published in American Journal of Medical Quality.
“There has been substantial uncertainty regarding the economic impact of reduced complications on hospital performance. Without a strong business case, hospitals may be reluctant to embark on meaningful efforts to improve safety. This study fills a knowledge gap by demonstrating cost savings that result from implementing patient safety programs. The return on investment is approximately 10 to 1.” p338
Full citation: The business case for quality: economic analysis of the Michigan Keystone Patient Safety Program in ICUs. Am J Med Qual. 2011 Sep-Oct;26(5):333-9. Waters HR et al. PubMed abstract. Contact your healthcare library to obtain the full text of this article.
See also: John Hopkins Press release – Program reduces infections, saves lives and money (August 2011)