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
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
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...
DevOps at Cloud Expo, taking place Nov 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 widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
SYS-CON Events announced today that 910Telecom 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. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.