Cost-cutting tech

RELATED: The Cost of Crisis

 

As hospitals and health centers search for ways to reduce their deficits and increase revenues, many are looking to technology as the key. One solution designed to help hospitals be efficient and keep costs down is Quicklert, an integrated software designed in 2016 that incorporates everything from telehealth and mass alerts to internal staff communication ability in a single, centralized system using an Edge AI network platform.

Alok Jain

For example, there is a cost associated with a staff of nurses who spend 24 hours a day in a room with patients, which can be reduced with video technologies that enable a single nurse to visually and audibly monitor more patients—three patients, five patients, nine patients—as opposed to limiting that nurse to just one patient.
In some cases, when these nurses cost $25-$30 an hour, technology such as Quicklert can reduce the number of nurses by a quarter, a third or even in half. “Hospitals face a myriad of issues, including simplified telemedicine and telehealth solutions, remote patient monitoring, patient no-shows, patient re-admissions, nurse burnout and turnover, inefficient communications during coding events, simplifying telehealth solutions for patients and staff and dealing effectively with pandemic and immuno-compromised patients,” explains Alok Jain, Quicklert CEO and cofounder. “Typically, you will see these centers adopt four, five or more different technologies— that are not designed to talk to one another—each with their cost structure, each with their training issues, each with their deployment challenges and ongoing maintenance requirements.”

This platform combines different solutions into a comprehensive package designed to help businesses save time and money. The technolgy acts similarly to a smart phone, which serves multiple functions. “It’s one system to procure, one system to deploy, one system to train, one system to maintain, one system to support,” Jain explains. “We simplify all of these challenges, and those who are responsible for patient care and operations in the hospital are pleased with this simplification. The financial officers see the financial benefits of reducing costs, reducing hiring requirements, reducing equipment/PPE costs and the financial aspects of protecting staff.”