Case mix index

Retrieve Medical Advances Healthcare Documentation in Louisiana with New Software Implementation

Retrieved on: 
Friday, April 19, 2024
Emergency department, OTC Markets Group, Case mix index, Bed, Documentation, Health, CMI, Hospital medicine, Hospital, Retrieval

This cutting-edge implementation took place in facilities housing over 150 inpatient beds and facilitating more than 44,000 Emergency Department visits annually.

Key Points: 
  • This cutting-edge implementation took place in facilities housing over 150 inpatient beds and facilitating more than 44,000 Emergency Department visits annually.
  • The Retrieve Dx™ software has been deployed across both Emergency Department and Hospital Medicine teams.
  • The cornerstone of hospital revenue in the U.S. is the Case Mix Index (CMI), which hinges significantly on the accuracy of medical documentation.
  • Retrieve Medical is committed to transforming patient care through technological innovation and is proud to support healthcare providers in delivering higher quality, more efficient patient care.

Hospital PMI® at 52.3%; March 2024 Hospital ISM® Report On Business®

Retrieved on: 
Friday, April 5, 2024
Spend, Growth, Business, Case mix index, Change Healthcare, MBA, Hospital

The Business Activity Index expanded for the seventh consecutive month.

Key Points: 
  • The Business Activity Index expanded for the seventh consecutive month.
  • The New Orders Index remained in expansion for the seventh straight month, and the Employment Index also stayed in expansion territory.
  • The Case Mix Index registered 51 percent, a decrease of 1 percentage point compared to the February figure of 52 percent.
  • LeMaster continues, "The revenue issues caused by the Change Healthcare cybersecurity breach were top of mind for several Hospital Business Survey Committee respondents.

Retrieve Medical Holdings, Inc. (RMHI) Announces Study Update Results Utilizing Retrieve Dx ™ Software

Retrieved on: 
Friday, March 22, 2024
Case mix index, Emergency, CMI, American College, Documentation, Hospital, DX, CDI

BEDMINSTER, N.J. , March 22, 2024 (GLOBE NEWSWIRE) -- Retrieve Medical Holdings, Inc. (RMHI), the developer of Retrieve Dx, a real-time, cloud-based CDI (Clinical Documentation Integrity) application that improves physician documentation, today announced a study showing a substantial increase in documented diagnoses using the Retrieve software.

Key Points: 
  • BEDMINSTER, N.J. , March 22, 2024 (GLOBE NEWSWIRE) -- Retrieve Medical Holdings, Inc. (RMHI), the developer of Retrieve Dx, a real-time, cloud-based CDI (Clinical Documentation Integrity) application that improves physician documentation, today announced a study showing a substantial increase in documented diagnoses using the Retrieve software.
  • In this updated study, 10,542 patient charts were analyzed, and 12,506 additional comorbidities and diagnoses were identified using the Retrieve Dx software solution.
  • This further validates our claim that Retrieve Dx not only enhances the documentation of existing comorbidities and additional diagnoses but also elevates the quality of documentation.
  • These results prove, that over an extended period of time, hospitals can anticipate increased revenue due to the implementation of Retrieve Dx."

Hospital PMI® at 56.6%; February 2024 Hospital ISM® Report On Business®

Retrieved on: 
Thursday, March 7, 2024
Spend, Coronavirus, Growth, Hospital, MBA, COVID-19, Business, Case mix index

The Business Activity Index expanded for the sixth consecutive month.

Key Points: 
  • The Business Activity Index expanded for the sixth consecutive month.
  • The New Orders Index remained in expansion for the sixth straight month, and the Employment Index also remained in expansion territory.
  • LeMaster continues, "Hospital Business Survey Committee respondents indicated that patient volumes were steady and consistent with seasonal patterns.
  • Prices for supplies have been in expansion (or 'increasing') territory for 51 months, pharmaceuticals for 71 months."

Hospital PMI® at 61.5%; January 2024 Hospital ISM® Report On Business®

Retrieved on: 
Wednesday, February 7, 2024
Spend, Growth, Case mix index, Hospital, MBA, Business, Organization

The Business Activity Index expanded for the fifth consecutive month.

Key Points: 
  • The Business Activity Index expanded for the fifth consecutive month.
  • The New Orders Index remained in expansion for the fifth straight month, and the Employment Index also remained in expansion territory.
  • While some panelists indicated their organizations were managing, others mentioned hospital and clinic closures and staff layoffs.
  • The increase in the Case Mix Index was consistent with the high volumes experienced in December."

Hospital PMI® at 62.5%; December 2023 Hospital ISM® Report On Business®

Retrieved on: 
Tuesday, January 9, 2024
Spend, Case mix index, Syringe, Panama Canal, Needle, Business, MBA, Employment, COVID-19, Hospital, RSV, Growth

The New Orders Index remained in expansion for the fourth straight month, and the Employment Index also remained in expansion territory.

Key Points: 
  • The New Orders Index remained in expansion for the fourth straight month, and the Employment Index also remained in expansion territory.
  • The Case Mix Index remained in expansion territory, registering 52.5 percent, a decrease of 1.5 percentage points compared to the November figure of 54 percent.
  • The Days Payable Outstanding Index expanded for the third consecutive month at 52.5 percent, the same reading reported in November.
  • There was concern that the reduction of shipping through the Panama Canal and slowdowns at the Mexico border would exacerbate the situation."

Hospital PMI® at 59.8%; November 2023 Hospital ISM® Report On Business®

Retrieved on: 
Thursday, December 7, 2023
Spend, Monster Employment Index, Case mix index, MBA, Days payable outstanding, Growth, Business, Braeden Lemasters, Hospital

The New Orders Index remained in expansion for the third straight month, and the Employment Index returned to expansion territory.

Key Points: 
  • The New Orders Index remained in expansion for the third straight month, and the Employment Index returned to expansion territory.
  • LeMaster continues, "Hospital Business Survey Committee respondents attributed volume growth in November to an increase in elective procedures and seasonal respiratory cases.
  • Inflation and increasing costs are still putting pressure on hospital margins, which resulted in continuing cost-cutting measures.
  • Back orders and shortages lingered, but panelists' comments in general suggested a slow, steady increase in supplier delivery performance."

Hospital PMI® at 52.1%; October 2023 Hospital ISM® Report On Business®

Retrieved on: 
Tuesday, November 7, 2023
Spend, IV, Monster Employment Index, Days payable outstanding, MBA, Clark W. LeMasters Jr., Growth, Business, Hospital, Case mix index, Tourism

The Business Activity Index expanded for the second consecutive month.

Key Points: 
  • The Business Activity Index expanded for the second consecutive month.
  • The New Orders Index remained in expansion for the second straight month, and the Employment Index returned to contraction territory.
  • LeMaster continues, "While slightly lower than the previous month, volume metrics remained in the growth range; Hospital Business Survey Committee respondents commented that operations were stable.
  • There is concern that a potential shortage of IV fluids and related products could cause serious issues going into flu season."

Retrieve Medical Holdings, Inc. (RMHI) Announces Study Results Utilizing Retrieve Dx™ Software

Retrieved on: 
Tuesday, October 24, 2023
Physician, Documentation, Comorbidity, American College, Emergency, DX, CDI, Patient, Hospital, Fellow of the American College of Emergency Physicians, CMI, Case mix index, Medical device, Retrieval

Today, Retrieve Medical reports the results of a comprehensive study involving 2,530 patients.

Key Points: 
  • Today, Retrieve Medical reports the results of a comprehensive study involving 2,530 patients.
  • The physician documentation in the study was assisted by the Retrieve Dx software platform.
  • Retrieve Dx, is a software solution developed to identify comorbidities in patients.
  • According to Dr. Mark Rosenberg, Chairman of Retrieve and Past President of the American College of Emergency Physicians, "Our software has performed well.

Hospital PMI® at 57%; September 2023 Hospital ISM® Report On Business®

Retrieved on: 
Friday, October 6, 2023
Spend, MBA, Business, New Order (Indonesia), Employment, Organization, Days payable outstanding, Hospital, Growth, Denny Lemaster, Case mix index, Nursing

The Case Mix Index moved into contraction, registering 48 percent, a decrease of 3 percentage points compared to the August figure of 51 percent.

Key Points: 
  • The Case Mix Index moved into contraction, registering 48 percent, a decrease of 3 percentage points compared to the August figure of 51 percent.
  • The Days Payable Outstanding Index returned to contraction territory at 46.5 percent, down 5 percentage points from the 51.5 percent reported in August.
  • The Technology Spend Index reading of 51 percent is an increase of 3.5 percentage points compared to the 47.5 percent recorded in August.
  • LeMaster continues, "The beginning of the school year, Labor Day holiday and reemergence of seasonal illnesses contributed to increased volumes.