statag sbir presentation daniel tubbs brian easton jason sadler latricia simon joseph williams francis doligosa problem hospitals need to reduce costs increase profitability from 1997 2001 spending on hospital care increased by 83 6 billion3 gross margins have declined annually every year since 19973 wages & benefits for nurses account 36 of 166 4 billion 3 percent total type expense the cost inefficiency 35 60 a nurse s time is wasted on5 searching equipment clarifying orders entering redundant information wasting 58 99 annually6 future more difficult maintain as baby boomers retire5 severe shortage will cause further salary increases patients be busy decreased reimbursements medicare medicaid reimburses at only 45 private health insurance 80 90 solution use statags man hours needed lower operating save real 1 efficiency gained7 reduction overtime turnaround etc staff least 10 5 brilliant idea cindy jimmerson founder review realizing exceptional value in everyday work and
