Blog : Peripheral IV Access Study Reveals a $703K Savings for a Health System Blog : Peripheral IV Access Study Reveals a $703K Savings for a Health System

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Peripheral IV Access Study Reveals a $703K Savings for a Health System

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Impact Story: Peripheral IV Access Study Reveals a $703K Savings for a Health System


Utilization opportunities identified by Blue.Point:

Blue.Point's Target Report identified the savings opportunity. Action Plans revealed a high usage rate of ‘closed’ IV systems and overall IV catheters when compared to the benchmark. Additionally, significant product variations were found throughout the system contributing to practice variation.

Based on the Blue.Point categorizations, the VA team uncovered many product variations throughout the organization. The team streamlined IVs based on the clinical features required for their patients and selected a single manufacture and product line. This eliminated variability in product and in clinical practice.


Actions taken by facility:

Value Analysis (VA) teams used BluePoint’s Clinical research to guide clinical conversations around identifying necessary IV features and establishing a peripheral IV formulary. Additionally, a gap assessment was performed for all IV protocols and training.

The Blue.Point Clinical Overview included tools to identify patients who may have difficult IV access. Based on this, protocols were established to better identify these patients so that first stick successes increased.

Following Blue.Point recommendations, the health system achieved a total savings of $703,813.

 

Want to learn more about Blue.Point?  Contact us today for a free product demo or for more information contact Jennifer Doty by email jdoty@bluepointscs.com or call 978-747-1529.

 

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