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Now more than ever, cold storage is the key to safeguarding vaccine efficacy. Temperature-sensitive medications like the top COVID-19 vaccines require careful tracking since even the smallest deviation above approved storage temperatures can compromise their efficacy. However, even before the viral outbreak, labs struggled with the following cold storage tracking challenges:

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Increased patient volume has long been a prevalent issue in healthcare. With every flu season, hospitals nationwide have adapted and converted facilities to accommodate a swell of patients. While COVID-19 hospitalizations have been in a decline since mid-January, facilities still expect volume surges due to missed check-ups, delayed treatments, and mental health tolls suffered during the pandemic.

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An estimated 1 in every 2,326 blood specimens are inaccurately labeled, translating into a recurrent error risk once every two weeks for a standard-sized hospital.

Specimen and patient misidentification have been age-old issues in healthcare, stemming from a variety of shared issues such as:

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A mere five years ago, telehealth was slowly making its presence known, used by less than 20% of healthcare facilities in the U.S. However, during the coronavirus outbreak, that number skyrocketed 154% within the first weeks of April.

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Before the pandemic, new healthcare technologies such as telehealth and clinal mobile devices were already making an impact worldwide. However, now as we continue to move through unprecedented demands, the push for innovation has been superseded by the need for agile practicality. Results shared at the Becker’s 5th Annual Health IT + Revenue Cycle Conference indicate that healthcare facilities both big and small are still struggling with:

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Derive's Management Team realizes that you may be encountering significant challenges as you strive to maintain smooth business operations during the #coronavirus (#COVID19) situation. We stand by you.

 

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This month, Kirit Desai, Derive Technologies' CEO, and our company, were were recognized as Carey Gabay Excellence and Innovation Awardees, which celebrate New York certified Minority and Women-owned Business Enterprises (MWBEs) for their "entrepreneurial spirit, commitment to innovation and efforts to strengthen their communities." The honor, from NYS Empire State D

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In an interview for Intalere, Vince Splendido, Assistant Vice President of Allied Services, responsible for materials management and revenue cycle, discussed his introduction to Derive Technologies (and our dedicated Derive Healthcare practice). Allied Services is the leading provider of healthcare and human services for northeastern Pennsylvanians with disabilities and chronic illness. During a growth phase, Allied was, according to Mr.

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Derive Technologies, encompassing our dedicated Derive Healthcare practice, was a sponsor of and a participant in the Thirteenth Annual Healthcare Materials Management Society of New Jersey (HMMS-NJ) John Brede Memorial Golf Outing. The event took place on Sept. 10, 2019, at the Cranbury Golf Club in West Windsor, NJ.
 
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A recent study of nurses from the National Center for Biotechnology Information of the U.S. National Library of Medicine suggests "they spend only 37% of their time with patients; much of the rest is consumed by administrative tasks," according to an article this week (September 15) in Forbes. The article stated these administrative and financial tasks are the subject of intelligent automation efforts by long-time Derive Technologies client New York-Presbyterian Hospital, an academic medical center based in New York City.
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