Most Hospital Robotic Programs Cost a Facility Millions With Little Hope of Fiscal Sustainability
Managing a multi-million dollar da Vinci robotic program – to optimize clinical quality, profits, and efficiency – requires a different level of healthcare IT / data analytics, surgical insight, and operational management virtually unknown by the estimated 2,000 US hospitals now confronting the financial and governance dilemmas of running a successful robotic program.1,2 Hundreds of new facilities enter the robotic arena annually due to insurmountable market pressures, and yet the vast majority of US hospitals and IDNs are seriously unprepared for the impending financial, clinical, and operational challenges – and potential multi-million dollar loses – they are likely to confront along the way.3,4 To all these hospitals, CAVA Robotics delivers a strong message: Your robotic program can succeed, and we can get you there quickly.
CAVA Robotics has developed a proprietary, unprecedented online analytic model and associated change management program for hospital management, robotic surgeons, and OR teams that addresses dozens of critical needs faced by our client hospitals’ robotic programs. Around the US, CAVA’s engagements are generating ROI of 5-15x, enabling facilities to reverse course and achieve long-term robotic program fiscal and operational sustainability, medical malpractice risk mitigation, and optimized patient outcomes in a matter of months, not years.
The widespread market adoption of the acclaimed da Vinci robot has occurred despite its $1.5M+ acquisition and annual maintenance cost per robot. As negative media grows steadily surrounding the use of da Vinci technology, the ubiquitous misconceptions about robotic programs being a “loss leader” and “fiscally unsustainable and unmanageable” grows with it. Hospitals are confused and hugely misinformed when it comes to robotic program design and deployment. They need a lot of help, and until CAVA Robotics have had limited independent resources to address the multi-disciplinary challenges essential for program success.
CAVA Cost-Effectiveness Analytics and Customized Change Management
Simply put, a robotics cost-effectiveness analytics gap is one of several critical misses for hospitals with a robotic program. Add to this the way in which most hospitals with robotics programs are floundering with ineffectual or non-existent surgeon and OR team training, weak credentialing / privileging plans, poor robotic OR efficiency, wasteful intraoperative supply management, and a lack of essential “top down” policies and governance. The result is a negative ROI on their multi-million dollar investment, sub-optimal clinical outcomes, and growing med mal risk.
CAVA Robotics represents the difference between a hospital’s robotic program achieving impressive economic and clinical results vs. one destined to struggle and lose money year after year, even in the face of growing annual surgical volumes. Contact us today to learn how CAVA Robotics can help you achieve the illusive ROI of robotics.
- “Comparative Effectiveness of Robotically Assisted Compared With Laparoscopic Adnexal Surgery for Benign Gynecologic Disease,” Obst & Gyn, Nov 2014, Vol 124, p. 886-896.
- “Robotically Assisted vs Laparoscopic Hysterectomy Among Women With Benign Gynecologic Disease,” JAMA, Feb 20, 2013, Vol 309, No. 7.
- “New Technology and Health Care Costs — The Case of Robot-Assisted Surgery,” New England Journal of Medicine, 2010; p. 363:701-704, August 19, 2010.
- “Study Raises Doubts Over Robotic Surgery,” Wall Street Journal, February 19, 2013.