Tuesday, October 29, 2019

ORHub Inc. (ORHB) – Surgical Spotlight® for Health Care Providers

  • ORHub Inc. is a health care intelligence company which develops data analytics software solutions to bring lean process improvement to the business of surgery
  • ORHub developed Surgical Spotlight®, a program that is used to gather the real-time data from the operating room to provide comprehensive and intuitive dashboards used by physicians and administrators to help reduce costs and improve efficiency
  • An interview done recently with Dr. Kevin Kaplan recaps the benefits of ORHub’s Surgical Spotlight®, and how he successfully applied the tool to his practice
ORHub Inc. (OTC: ORHB) is a health care intelligence company that is involved in the business of surgery. ORHub Inc. is a SaaS-based health care data analytics company. The company aims to help operating rooms in hospitals to function at their best by providing analytical tools such as the cloud-based Surgical Spotlight. ORHub is also a Microsoft Silver partner leveraging the Azure cloud for services to make the data more easily and readily available to clients.
A recent interview done with Dr. Kevin Kaplan, MD, regarding his use of Surgical Spotlight® that ORHub developed (http://nnw.fm/l2u8D). Kaplan, the head team doctor of the Jacksonville Jaguars, is interested in improving the efficiency and costs associated with surgeries being performed on a daily basis in a high-volume practice at Baptist Medical Center. He is a top orthopedic surgeon always looking to improve the OR efficiency while improving his care for patients.
Surgical Spotlight® uses a set of curated key performance indicators (KPIs), and dynamic dashboards that clients can use to quickly view and evaluate what is happening in the OR. The performance indices include metrics such as cadence, on-time starts, volume, cancellations, schedule accuracy, block and staff utilization, and cost per case. These are all critical measures to evaluate where opportunities for celebration or improvement in any surgical business, leading to behavior change and team collaboration.
Kaplan in the interview specifically highlights the value of the cost per case metric in his practice, and how this performance indicator has helped him evaluate his cost is for each procedure. He also discusses how challenging it is to know what factors are contributing to the high cost and inefficiency within an operating room and during a particular surgical case without regular information. Today, the very high cost of medicine and medical care is a cause for concern since this directly impacts patient care and knowing how to cut costs and make the best and most efficient use of medical resources is a big benefit for medical centers.
Kevin Kaplan discusses how Surgical Spotlight® helps to bridge the gap between the businesspeople and the surgeons in a busy medical practice, by providing data that physicians can view in real time. In Kaplan’s experience, Physicians often do not know very much about the business side of medicine since this is not an area they are trained in. The data gathered in Surgical Spotlight® shows surgeons what is happening before and during cases and also between cases in the OR.
In addition, information from the program provides insight into how money is being spent – which means that the doctors are able to evaluate material usage to determine if there are ways to save costs, which benefits all parties including the hospital and patients. In fact, Kaplan explained how the use of Surgical Spotlight® has already led to cost-saving measures for such operations as ACL reconstructions and rotator cuff surgeries, which he routinely performs as an orthopedic surgeon.
Surgical Spotlight® also provides a series of automated reports; such as a weekly facility report, quarterly executive update, monthly service line scorecard in addition to the daily surgical receipt. The daily receipt gives information on the data captured each day. A block utilization report can also be generated by the program. This means that the software can help surgeons with high utilization illustrate their need for increased block time or if another operating room should be opened.
ORHub has also ensured that Surgical Spotlight® can be quickly implemented within about one month. The software used is not limited to operating rooms or single procedural types, and can also be used in cath labs, for instance. Surgical Spotlight® does not need to be integrated with any EHR (http://nnw.fm/MT4zQ). This means that there are no compatibility issues with respect to any EHRs being used in the medical center. ORHub uses a pay-per-use pricing program which proves to be advantageous for their clients.
For more information, visit the company’s website at www.ORHub.com
NOTE TO INVESTORS: The latest news and updates relating to ORHB are available in the company’s newsroom at http://nnw.fm/ORHUB
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