U.S. Health Systems See Declining Volume in Pediatric, Maternal and Newborn Departments, Uptick in Pediatric ICU Visits in June 2021, According to Syntellis Performance Trends Report
A new report from Syntellis Performance Solutions, a leading provider of innovative enterprise performance management software, data and analytics solutions for healthcare organizations, released today reveals that although inpatient volumes are beginning to return to and even surpass pre-pandemic levels, pediatric, maternal and newborn departments lag by 2.9 percent when compared to June 2019. This and other key findings are detailed in the inaugural edition of the company's new monthly report, Syntellis Performance Trends, which analyzes data from more than 1,000 hospitals and 135,000+ physicians from over 10,000 practices and 139 specialty categories.
These latest findings are in line with reports from across the country pointing to declining birth volumes and greater interest in out-of-hospital births since the height of the pandemic. Last month, the CDC reported that 2020 saw the steepest annual decline in birth volumes since 1973.
"Our healthcare clients have been on the frontlines of the pandemic in an industry that saw more disruption than any other. With direct access to the largest collection of real-time data from healthcare providers, Syntellis is best suited to identify trends that may indicate future areas of risk," said Flint Brenton, CEO at Syntellis Performance Solutions. "Syntellis is the only organization providing access to this real-time data that health systems need to recover and stay agile. The Syntellis Performance Trends report shares our learnings beyond our clients and helps position industry leaders with the insights they need to improve the overall financial and operational well-being of their hospitals and health systems, preparing them to weather the next storm."
"The trends we've identified this month, including potential labor shortages and the decline in inpatient volumes in certain departments are indicators not only of the financial health of these organizations, but the potential implications o patient care and the economy," said Steve Wasson, EVP and General Manager, Data and Intelligence Solutions. "Our hope is that the industry can take this intelligence and make informed decisions leading to higher quality of care, improved profitability and preparedness for future challenges."
Additional findings from Syntellis Performance Trends include:
Syntellis' Axiom Healthcare Suite enables best-practice financial planning to streamline processes and prepare for the future. The company's Axiom Comparative Analytics provides in-depth analyses and benchmark data for industry leaders that can be customized into specific peer groups - such as by specialty, practice size or region - or broken out by individual providers.
For more information on the Syntellis Performance Trends report, please visit this page.
About Syntellis Performance Solutions
Syntellis Performance Solutions, previously Kaufman Hall Software, provides innovative enterprise performance management software, data and analytics solutions for healthcare organizations. Its solutions include enterprise planning, cost and decision support, and financial and clinical analytics tools to elevate organizational performance and transform vision into reality. With over 2,800 organizations and 450,000 users relying on its Axiom and Connected Analytics software, combined with No. 1 rankings from Black Book Research and an HFMA Peer Review designation for six consecutive years, Syntellis helps healthcare providers acquire insights, accelerate decisions and advance their business plans. For more information, please visit www.syntellis.com.
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