Johnson City Medical Center Saves $550,000 with Smart Square(R)
Posted on: Tuesday, 18 August 2009, 13:58 CDT
JOHNSON CITY, Tenn., Aug. 18 /PRNewswire/ -- Johnson City Medical Center (JCMC), the 488 bed, Magnet-designated flagship hospital of Mountain States Health Alliance (MSHA), has seen dramatic savings in a slumping economy as a result of Smart Square, the enterprise scheduling software from Avantas.
One year after going live with Smart Square, JCMC has realized a savings of nearly $550,000 associated with overtime and external agency usage.
With Smart Square, organizations can maximize core staff, reduce overtime and external agency, manage incentives, and quickly review and adjust daily labor utilization. With real-time analytics and interactive dashboards, Smart Square provides the means to make decisions based on accurate and timely data.
- The Smart Square Predictive Model is 95% accurate in forecasting future patient levels, allowing schedule balancing weeks in advance, reducing reliance on overtime and external staffing sources.
- Forecasted year two ROI related to overtime and external agency usage is projected at nearly $1.3 million.
"In the current environment of very constrained resources with respect to manpower and payment, Smart Square is an essential tool for nursing managers, providing them with up-to-date costs and opportunities for savings," said Kathryn Wilhoit, Corporate Vice President of MSHA, responsible for the Central Staffing and Resource Management Process Tracking System's strategic plan. "We are planning to expand its use to the other clinical departments such as respiratory therapy, radiology, pharmacy and laboratory."
"MSHA is a great example of a forward thinking organization," said Chris Fox, Avantas' Vice President of Growth & Innovation. "They were ready to shed the 'business as usual' mindset and use the business intelligence tools Smart Square makes available to manage their resources against their quality and financial targets on a daily basis."
About Avantas
Avantas (www.avantas.biz) is an Omaha, Nebraska-based company devoted to serving the healthcare industry. By combining advanced technology with evidence-based methodologies, Avantas delivers immediate ROI and long-term savings by focusing on helping healthcare organizations realize continual improvement with regard to scheduling and staffing.
SOURCE Avantas
Source: PR Newswire
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