Refinement of the health economic model and value proposition for U.S. hospital systems

Purpose and goal

Sepsis: Rapid detection and treatment is crucial (8% increased risk of death per hour untreated). US hospitals must report SEP-1 to CMS for reimbursement. NAVOY CDS® detects sepsis. Bundle Steward™ ensures SEP-1 documentation. The project maps costs/revenues in the US and develops health economic model for NAVOY CDS® value proposition.

Expected effects and result

* Completion of mapping of sepsis-related costs and reimbursements for US hospitals * Completion of value proposition for US hospitals * Completion of budget impact model for US hospitals

Planned approach and implementation

AlgoDx is entering the US hospital system/integrated delivery network market and is responsible for executing NAVOY CDS®´s launch plan. Responsible for mapping costs and revenues in the US hospital system that are relevant to NAVOY CDS® and developing a health economics model including value proposition for US hospitals.