Public Benefits

Nurse Time and the Administrative Burden

By reducing the time spent on administration and increasing the time spent with patients, SmartWard has the potential to save a typical 600-bed hospital between $4.2-5.7 million per year through reduced length of stays alone. Translated across the entire Australian hospital system, this amounts to between $490-650 million per year.

SmartWard’s first deployment is for nurses, who represent over 60% of the operating budget of hospitals. Doctors, specialists, allied healthcare and others visit the hospital to deliver essential care, but nurses are there 24/7. So, while SmartWard can cater for all healthcare practitioners, its initial trials and deployments have been focused on nurses.

Nurses using SmartWard spend more time with patients and reduce the incidence of preventable errors. SmartWard’s independently evaluated clinical trial demonstrated its capability to redirect significant amounts of nursing time from administration and documentation to patient care and interaction.

International studies show that increasing the time nurses spend with patients delivers significant improvements in patient outcomes, such as reductions in length of hospital stays and the incidence of complications such as infections, pneumonia, cardiac arrests and deaths.

Most importantly, extrapolations from international studies show SmartWard’s capacity to save between 3,000 and 4,000 Australian lives every year through nurse time reallocation alone.

Savings

Demonstrated reduced costs through improved patient safety

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Reducing Preventable Errors

According to Australian Government Estimates*: Over 100,000 Australian hospital patients are affected by errors every year, with a cost of over $200 million per annum.

SmartWard reduces the occurrence of preventable errors by:

  • Allowing nurses to undertake documentation at the point of care, rather than later in places such as the nurses’ station, where the risk of error increases.
  • Reducing interruptions and the need to multi-task, both of which have the potential to increase risk of error and missed care.
  • Assisting the implementation of a best-practice care plan with reminders, prompts and deterioration alerts.
  • Producing accurate charts and high-fidelity records for improved decision-making and high powered data pattern analysis to refine treatment plans.
  • Facilitating an increase in nurse time spent at the bedside and in patient interaction, leading to a deeper awareness of a patient’s condition.
  • Linking a patient’s ID to medication validation and treatment plans, ensuring the right treatment goes to the right patient regardless of staff changes, distractions and emergencies.