Patient Contribution Margin: Understanding the Path to Revenue Growth
University study quantifies the financial benefit of high-value transfers.
Are you considering an investment in transfer center technology? If so, you’ve probably wondered what the dollar value of an incremental transferred or retained patient is. Through a commissioned study of the contribution margin per inpatient admitted through a hospital’s transfer center, it’s been found that each additional patient represents a contribution margin of $10,836, which can equate to multi-millions per year.
In this article, you’ll see the numbers behind the University of Utah David Eccles School of Businesses’ impressive study proving the financial benefit behind high-value transfers, complimented by transfer center optimization technologies.
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