| Literature DB >> 32287687 |
Eszter Deak1, Elizabeth M Marlowe2.
Abstract
Technology for modern clinical and public health microbiology laboratories has evolved at an impressive rate over the last two decades. Contemporary diagnostics can rapidly provide powerful data that can impact patient lives and support infectious disease outbreak investigations. At the same time, dramatic changes to health care delivery are putting new pressures on a system that is now focusing on patient-centric, value-driven, convenient care. For laboratories, balancing all these demands in a cost-contained environment remains a challenge. This article explores the current and future directions of diagnostics in our dynamic health care environment. .Entities:
Year: 2017 PMID: 32287687 PMCID: PMC7132510 DOI: 10.1016/j.clinmicnews.2017.07.001
Source DB: PubMed Journal: Clin Microbiol Newsl ISSN: 0196-4399
Cost of mPOC implementation across 14 emergency departments
| Expenditure | Cost | No. needed | Estimated cost of implementation |
|---|---|---|---|
| Instrument | $15,000 | 14 | $210,000 |
| Tests | $35 | 6,000 | $210,000 |
| Total | $420,000 | ||
Hypothetical costs; not reflective of a specific platform.
6,000 tests = 4.76 tests/day/ED over the 3-month flu season; does not include cost of controls, validation, or training materials.
Cost of implementation and estimated cost avoidance to break even
| Reagent costs | Instrument costs | Total cost of implementation | Estimated cost of avoidance of admission | No. of admissions avoided required to break even |
|---|---|---|---|---|
| $210,000 | $210,000 | $420,000 | $14,143 | 30 (2.12/ED) |
Average published cost per stay with a diagnosis of pneumonia. Healthcare Cost and Utilization Project (HCUP) Nationwide Emergency Department Sample (NEDS), HCUP, 2007, 2008, 2009. Agency for Healthcare Research and Quality, Rockville, MD (www.hcup-us.ahrq.gov/nedsoverview.jsp). The actual budget impact, depending on the payment schedule, is a saving of $6,715 due to $7,428 reimbursement if admitted, based on a blended rate of top diagnosis related group (DRG) associated with an influenza diagnosis.
Estimated ROI based on hospital cost avoidance
| Estimated no. of admissions avoided required to break even (0.5% over 3-month flu season) | Total estimated hospital cost avoidance | ROI |
|---|---|---|
| 30 | $424,290 | <3 months |
ROI, return on investment.