Welcome!

News Feed Item

Frost & Sullivan Honors ArborMetrix for Pioneering the Integration of Surgical Video Analysis Capabilities into a Cloud-based Reporting and Analytics Platform

-- ArborMetrix's platform enables providers to manage the entire healthcare spectrum, rather than just a single service line

MOUNTAIN VIEW, California, Feb. 28, 2014 /PRNewswire/ -- Based on its recent analysis of the acute and specialty care market, Frost & Sullivan recognizes ArborMetrix, Inc. with the 2014 North American Frost & Sullivan Award for Product Innovation Leadership.   ArborMetrix's leading cloud-based reporting and analytics platform for measuring clinical performance and efficiency in acute and specialty care now includes a breakthrough surgical video analysis tool.  This innovative offering provides experts with video-based tools that enable organizations to better train and evaluate surgeons, with the ultimate goal of improving surgery outcomes for patients.  ArborMetrix has already integrated the video surgery analysis capabilities into its registry solution for bariatric surgery, and is now actively rolling it out through its cancer surgery and hernia surgery registries.

ArborMetrix's analytics platform enables both healthcare providers and payers to evaluate the effectiveness of evidence-based care, which has led to significant improvements in quality, safety, and cost-effectiveness of surgical intervention and associated specialty care. It provides benchmarks for procedures, physicians, and hospitals for use in data collection and integration, performance feedback, Maintenance of Certification (MOC) IV compliance, clinical decision support, surgeon skill ratings, and patient engagement. The platform helps to manage and maintain efficient and cost-effective clinical registries, performance measurement systems, and quality improvement programs. The cloud-based architecture of the platform allows for rapid deployment of the solution without the need for IT resources.

The comprehensive solution provides evidence-based actionable intelligence across acute and specialty care, which is the largest healthcare expenditure in the U.S. It is innovatively designed for hospital and health systems alike. Furthermore, its new performance measurement platform is designed to enhance evaluation, surgical techniques, and patient outcomes.

"This holistic approach allows ArborMetrix to be positioned in a unique niche and accelerates the movement of the healthcare system toward coordinated care, bundled payments, and value-based reimbursements," said Frost & Sullivan Research Analyst, Swathi Allada. "As value-based reimbursement becomes the norm, the analytical technique proposed by ArborMetrix could emerge as the ideal way of improving quality, while reducing cost."

Frost & Sullivan estimates that an average hospital in the U.S. has between 300-500 avoidable complications in general surgery per year, which costs around $11,000 per case to manage. This amount increases exponentially with multiple complications translating to nearly $4 million to $5 million unavoidable costs, for which no reimbursement is available. ArborMetrix has worked diligently on studying the market before developing its path breaking solution with far-reaching clinical and economic benefits.

In addition, extensive clinical research by ArborMetrix customers has demonstrated a remarkable return on investment (ROI) for facilities conducting multi-specialty procedures, including bariatric, oncology, hernia, and spine surgery. It helps organizations make decisions that improve surgical care, thereby increasing throughput and delivering quicker ROI. The company estimates that the average annual R&D spend over the next five years will be almost 35 percent of its revenue.

"ArborMetrix's growth path in the U.S. market mirrors the company's ongoing achievements, numerous early successes, and promising near-term prospects in several markets globally, including South America and Europe," noted Swathi Allada. "The universal acknowledgment of ArborMetrix's technology and product value validates the value proposition the company brings to the fields of acute and specialty care and the broader healthcare community as a whole."

Each year, Frost & Sullivan presents this award to the company that that has developed an innovative element in a product by leverage leading-edge technologies. The award recognizes the value added features/benefits of the product and the increased ROI it offers customers, which in turn increases customer acquisition and overall market penetration potential.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About ArborMetrix, Inc.

ArborMetrix, Inc., located in Ann Arbor, Michigan, provides a unique, cloud-based platform for performance measurement and clinical intelligence in acute and specialty healthcare. Based on its industry changing econometric research, ArborMetrix solutions deliver rigorous data analysis and actionable business insight while incorporating advanced proprietary risk and reliability adjustments. With valuable insights grounded in clinical evidence, ArborMetrix clients quickly achieve quality improvements and cost savings. For more information, visit www.arbormetrix.com, email [email protected].

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the Global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:        Gain access to visionary innovation

Contact:

Mireya Espinoza
P: +1.210.247.3870
F: +1.210.348.1003
E: [email protected] 

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
“Being the one true cloud-agnostic and storage-agnostic software solution, more and more customers are coming to Commvault and saying ' What do you recommend? What's your best practice for implementing cloud?” explained Randy De Meno, Chief Technologist at Commvault, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.