In the current healthcare landscape, fragmented data from providers and other stakeholders present a significant challenge and negatively impact care quality. However, in recent times, the industry’s focus has shifted to the surgical operating room, the last “black box” in the healthcare chain. To streamline operations and deliver safer, smarter surgical procedures, health care providers are employing technology solutions capable of aggregating and managing large amounts of data from various sources and modalities.
One such company playing a crucial role in this changing paradigm is Caresyntax. This tech firm has introduced a data-driven surgery platform. This platform allows different stakeholders, including health systems, payor partners, and industry players, to manage and utilize data from the vast surgical ecosystem effectively. The platform provides these parties with insights to innovate and create a more sustainable and resilient health system.
Caresyntax’s innovative platform offers several benefits. Clinically, it revolutionizes the surgical process by utilizing data to improve monitoring and efficiency at every stage of the surgical journey. It captures and analyzes information ranging from electronic health records to financial data and high-definition surgical footage in real-time. The resulting high-fidelity surgical record improves patient safety and clinical outcomes. Its real-time analysis even allows surgical teams and educators to improve their practice.
In terms of data protection, Caresyntax emphasizes the importance of confidentiality. They have robust anonymization and privacy controls in place to ensure the safety of data used for surgical variation reduction, error reduction, and quality improvement programs.
On the operational front, Caresyntax’s platform improves perioperative efficiency by leveraging surgical data. Real-time decision-making and remote collaboration are made possible, along with post-surgery analysis for continuous improvement in surgical practices and resource management. This utility extends to medical device manufacturers and insurers by providing them with comprehensive risk assessments derived from the data.
From a financial perspective, Caresyntax boosts performance by leveraging surgical data to increase patient volume, enhance growth, improve reimbursements, and increase profitability. It combines unstructured and structured data from various sources to provide a holistic view of surgical care, leading to proactive risk management and better contract negotiations. The company also identifies cost-saving opportunities and supports service line expansion and marketing with real-world evidence.
Recently, Caresyntax has forged a partnership with Relyens, a European leader in insurance and risk management. Together, they have introduced the Risk Management as a Service to enhance surgical safety and efficiency. Moreover, with the introduction of Clinical Data as a Service, Caresyntax now provides scalable data collection and data science capabilities for industry partners.
Having its technology deployed in more than 3,000 operating rooms worldwide, Caresyntax is well on course to realizing its mission to make surgery safer and smarter. Their proprietary software and AI technology aggregate and analyze extensive volumes of surgical data, providing real-world evidence for improved surgical outcomes.
