Published on March 7, 2014
QUEST reports savings of $11.65 billion © CureMD Healthcare
QUEST • Premier national quality improvement initiative, QUEST, has reported savings of approximately $11.65 billion through process improvements and analytics, according to its new whitepaper • In addition to the savings, QUEST also reported preventing over 135,000 deaths in the last five years • QUEST was launched in 2008 and has since grown to include 350 hospitals • In the last five years, while hospital costs nationwide have increased by 37%, QUEST has maintained them to 14% with no increase reported in the last year
QUEST • QUEST has benefitted by identifying areas that need improvement, gathering required data and developing a comprehensive plan to tackle those areas • Furthermore, QUEST prevented over 40,000 readmissions since 2011 and prevented nearly 18,000 instances of harm, such as hospital-acquired infections since 2010 • Last year, QUEST reported that its members had saved over $9 billion by reducing infections through data sharing and best practices
QUEST • Additionally, QUEST has implemented new processes in order to improve patient experience and other quality measures • Premier and IBM also partnered in 2011 to create a platform that allows for easy data exchange between facilities • Texas Children’s Hospital also has focused its quality improvement efforts on data usage • Starting with treatment of acute asthma, it is using a similar investigative approach to care for appendectomy, pneumonia and other common cases
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