We are looking at becoming our own cost center at our hospital. Currently we fall under the Nursing Administration department which is not a revenue generating department. I was just wondering what other hospitals are doing as far as their PICC teams. Is there benchmarking data out there? Â Thanks!
Yes - we are our own cost center, and we're not in Nursing Administration - we're in Interventional Radiology.
And - good luck with that revenue generating thing! I think you'll be more successful presenting yourselves in terms of how much money you're saving the hospital, and in what way you're are able to provide standard of practice/best practice in vascular access for your patients.
Mari Cordes, BS RN
Mari Cordes, BS RNIII VA-BC
Vascular Access Department
University of Vermont Medical Center
Kathy Kokotis
Bard Access Systems
Mari great comments. I taught you well.
To answer the question:
There is no revenue generation from inpatient PICC line insertions for the hospital itself in at least 60% of patients or more
You do however want to be your own cost center for budgeting purposes and to get your share of the overall DRG
Kathy
Kathy Kokotis
Bard Access Systems
We are our own cost center and we are not revenue producing, but focused on cost avoidance.
Gwen Irwin
Austin, Texas