$4M Saved Through Healthcare IoT Optimization
- Healthcare
- Regional Hospital System
- 4,200
- 25+ Hospitals & Clinics
The Challenge:
The client’s healthcare system was weighed down by rising operational costs and inefficiencies in managing patient care across multiple facilities. Legacy monitoring processes relied heavily on manual checks, resulting in delayed response times, overstaffing, and underutilized equipment. Although mobility and IoT opportunities existed, the lack of a unified approach allowed costs to continue escalating.
Our Solution:
Verticle implemented a Healthcare IoT Optimization program that modernized the client’s care delivery model and reduced costs. Key initiatives included:
- Deploying IoT-enabled patient monitoring devices, reducing reliance on in-person rounds.
- Integrating devices into a centralized mobile platform, enabling staff to monitor multiple patients simultaneously.
- Installing predictive maintenance sensors on medical equipment to prevent breakdowns and costly repairs.
- Introducing automated reporting and alert systems to cut administrative overhead and strengthen compliance.
The Result:
- $4 million in annual cost savings across hospital operations.
- 25% reduction in staffing costs by automating non-critical patient monitoring.
- 40% decrease in equipment downtime through predictive IoT maintenance.
- Shortened patient stays, generating an additional $850K in annual savings from improved bed utilization.