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
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
SYS-CON Events announced today that Sheng Liang to Keynote at SYS-CON's 19th Cloud Expo, which will take place on November 1-3, 2016 at the Santa Clara Convention Center in Santa Clara, California.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your ...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.