Navigant, Lumere Collaborate to Help Healthcare Providers Target Clinical and Financial Variation
Combination of analytics, research, and performance improvement expertise to support evidence-based medical device and drugselection, utilization
Research suggests up to a quarter of overall healthcare expenditures are wasteful and not associated with improved quality. A proven way to reduce waste is to target unnecessary variation in clinical processes. However, providers often lack the resources to analyze major clinical cost factors necessary to drive action.
“For providers, the focus on reducing unwarranted utilization has only
intensified as operating margins dwindle and the pressure to reduce
costs while maintaining quality rises,” said
By providing both physicians and hospital leaders with clinically derived, evidence-based data, Lumere accelerates their ability to reduce unnecessary and costly clinical variation.
“We’re honored to collaborate with Navigant to help enable evidence-based medicine that delivers clear clinical and financial benefits,” said Hani Elias, JD, MPH, Lumere co-founder and CEO. “In our experience, physicians are hungry for data that will help them make decisions that are both patient-focused and cost-effective. Our technology not only helps illuminate new opportunities, but also provides caregivers data they’ve long sought to make informed decisions.”
By leveraging Lumere’s solutions both during and after Navigant engagements, providers may also be better equipped to better:
- Understand cost-reduction opportunities that are based on utilization and unwarranted variation.
- Engage physicians around opportunities to standardize to drugs and devices that demonstrate clinically equivalent outcomes at a lower cost.
- Optimize the type and frequency of products used based on specific patient circumstances and cases.
- Improve the rigor of cost-management programs, such as value analysis.
A Navigant analysis suggests U.S. hospitals could reduce their supply chain expenses by 18% without affecting quality.
Navigant’s Healthcare supply chain practice works with hospitals and health systems nationwide to streamline clinical care pathways while lowering the associated cost of treatment and creating an environment that empowers those supporting it.
Lumere is at the forefront of clinical decision making for drugs and
devices, offering evidence-based solutions and services for all
providers that improve care and reduce cost across the patient journey.
For more information, visit lumere.com,
find us on LinkedIn,
follow @LumereHQ on
Twitter and like us on