Adverse events are costly, and a reduction in adverse events can result in significant savings. The insurer and the hospital share a mutual financial benefit when a standardized handoff program is implemented.
Annual Savings of Malpractice Claims
Annual Savings from Costs Avoided
I-PASS program prevents ~1.5 adverse events per 100 hospital admissions per year
| Est. Cost of Adverse Events 1. Costs of adverse events in intensive care units. Kaushal R, Bates DW, Franz C, Soukup, JR, Rothschild, JM. Crit Care Med. 2007 Nov; 35 (11): 2479-83. PMID: 1782803 2. American Journal of Medical Quality, p 1-7, DOI:10.1177/1062860615608938 | $5,000 | $12,000 | $27,000 |
| Hospital Admissions/year | Hospital Savings over 3 years | ||
| 10,000 | $2.2M | $5.4M | $12.1M |
| 25,000 | $5.6M | $13.5M | $30.3M |
| 50,000 | $11.2M | $27.0M | $60.7M |
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