The ‘No-Risk’ OpFlow Risk-Share Model
OpFlow has proven success in our ability to dramatically reduce the excess on instrument trays and in turn provide cost savings for hospitals. We understand that reducing avoidable costs are a key component of financial viability for hospitals as a result of the impact on elective surgery during COVID-19. For that reason, we have introduced a risk-share model for hospitals seeking to improve OR efficiency and maximize surgical margins by optimizing their instrument trays.
Based on our experience, we are confident that by implementing our proven process and technology, we can substantially reduce the amount of excess instrumentation at your hospital. Our standard initial engagement is structured as a 6-month project, focusing on the highest priority instrument tray types at your facility. If our process is not able to achieve a pre-determined threshold of instrument reduction, there is no cost to the hospital for the project. Once we surpass that threshold, we share in the cost savings realized by your hospital at a mutually agreed-upon value per instrument removed.
OpFlow provides the necessary staffing to perform the data collection and will guide the project through to success. With our risk-share model, we are guaranteeing that your hospital will benefit from the implementation of our process, at no upfront cost. Not only will your surgical services become more efficient, but you will also have the benefit of re-allocating funds to other areas through the cost savings recognized by a reduction in your annual instrument re-purchase and sterile processing expense.
