The COMS Daylight IQ Product Suite is the only product in the marketplace where the driving ROI calculation is focused on revenue – courtesy of COMS “Value Guarantee”

The Challenge - Given the National Healthcare Reform Initiative to reduce costs across the board, the challenge is to identify programs to help skilled nursing or long-term care facilities accomplish these goals.  The simple answer is – there is only one program – Daylight IQ.

 

The Daylight IQ Product Suite Solution - Significantly increased financial outcomes are notable benefits to deploying Daylight IQ.  In addition to improving quality of care in a skilled nursing facility, Daylight IQ improves the bottom line by increasing occupancy, increasing the ratio of skilled beds, capturing services provided for reimbursement and enjoying a considerable competitive advantage with hospitals and physicians.

Equally important, Daylight IQ has been shown to dramatically reduce hospital readmissions by up to 50%.  Hospital readmission is a key component to reducing healthcare costs.  A recent Medicare report shows a staggering percentage of patients are readmitted to hospitals after being discharged.  By reducing the rate of readmission, Daylight IQ has proven to lower long-term care costs.

Increased skilled bed days occupied (as a result of decreased hospital readmissions and increased referrals from physicians, hospitals and personal patient choice) produce enhanced Medicare revenues, often doubling or tripling skilled resident reimbursement.  By the second year of implementation, Daylight IQ Return on Investment (defined as total Medicare reimbursement/cost of system implementation) averages between 8 and 23 times the first year cost.  COMS guarantees a minimum revenue return on investment of 5x.  Additional ROI in the form of cost savings efficiencies, risk management, and staff retention further support the offering.