-Co-authored by Blake Stock, Senior Director of Product ORHub-
-Median costs are significantly decreased across three surgical procedures-
NEWPORT BEACH, Calif., December 19, 2018 (PRNewswire) – ORHub, Inc. (OTC: ORHB) (the “Company” or “ORHub”), a SaaS-based healthcare data analytics company uniquely focused on the business of surgery to improve the profitability of health systems, hospitals and ambulatory surgery centers (ASCs), today announces an original article was published in the Journal of Surgical Research titled “Effects of a Surgical Receipt Program on the Supply Costs of Five General Surgery Procedures” which was co-authored by Blake Stock, MBA, Senior Director of Product for ORHub.
The abstract clearly shows that while controlling surgical supply costs remain challenging, an automated and operationalized surgeon-directed cost feedback system derived from the automated surgical receipt may be a useful tool to control surgical expenditures for healthcare systems. According to the study, there was a significant decrease in median case costs for three commonly performed surgical procedures after deploying the use of an automated surgical case receipt.
“We are extremely proud to have a senior member of the ORHub team published amongst his peers,” said Colt Melby, Chief Executive Officer of ORHub. “Blake’s expertise, having spent over ten years developing healthcare enterprise analytic solutions at various health systems, was instrumental in the development of the Surgical Spotlight™ where one of the key reports is the daily surgical case receipt. Over time, we expect similar results across ORHub’s clients to be reflected in the lower cost of surgical care.”
“As physicians, our main focus is on patient care and achieving the best possible outcomes. Given the problematic rising cost of healthcare, physicians need to understand the finances of procedures to play a role in controlling these costs. The ORHub case receipt is part of a game-changing platform to help physicians and administrators institute changes to control surgical expenditure and enhance patient care,” said Dr. Kevin Kaplan, Jacksonville Jaguars Head Team Physician. Dr. Kevin Kaplan is a nationally esteemed orthopedic surgeon who has contributed to over twenty publications, earned research awards and has received specialized training in orthopedic trauma surgery.
The article is currently available for download at Science Direct website.
Spotlight™ is a differentiated platform that links OR efficiency metrics to cost data for materials and labor. Implementation of the Surgical Spotlight™ custom dashboard is lightweight and doesn’t require EHR integration, costly analysts or complicated software. Its cloud-based data feeds populate dynamic dashboards that can be used by administrators, surgeons and nurses.
About ORHub, Inc.
ORHub, born from the Microsoft for Start-Ups program, is HIPAA-compliant advanced surgical software provider focused on Revolutionizing the Business of Surgery™ through the foundation of electronic data capture at the point-of- surgical care to improve workflow, simplify work processes and access real-time data intelligence. The Company’s suite of products serves the needs of the health care industry including providers, patients, the government and the medical device vendors. ORHub provides a cloud-based software solution that captures information before, during and after surgery, filling a void in the current surgical information infrastructure and providing the first process to capture and measure the surgical process — evolving Big Data into Intelligent Digital Data.
Hospitals and surgeons can make real-time, data-driven decisions to improve business profitability and the quality of patient care. This innovative technology results in hospitals understanding costs and identifying areas of cost reductions, as well as results in increased accountability, automatic creation of comprehensive anatomic implant registries, real-time analytics, improved efficiencies, and compliance with existing government regulations. ORHub has offices in Tempe, Arizona; Southern California; Bellevue, Washington; and Jacksonville, Florida.
To view a previously released Microsoft Case Study on HOI and ORHub visit:
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be attained. Such statements are inherently uncertain, and actual results and activities may differ materially from those estimated or projected. Certain factors that can affect the Company’s ability to achieve its anticipated results include, among others, uncertainties inherent in the development of a new software product business.
Jason Brown, Shareholder Communications
Cathy Loos, Senior Media Relations Specialist