We believe that complex problems require sophisticated solutions. Today, Healthcare Systems are purchasing over 347,000 peripheral IV catheters each year, yet there are only 36.2 million hospital admissions. Hospitals are averaging over six peripheral IV catheter sticks per patient visit which costs approximately $5,500 on average per bed per year. This is not only costly, but patient safety and satisfaction are compromised.
Nexus Medical has an evidence-based methodology called PIV5Rights®. This methodology has proven to provide 96% first-stick success with 89% of those peripheral IV catheter insertions lasting for the patient’s length of stay. Nexus Medical has developed a solution set that can deliver all of the PIV5Rights outcomes in a predictable and repeatable manner.
To accomplish this, Nexus takes a systematic approach to vascular access using a data-driven platform allowing infusion therapy leadership to provide repeatable and reproducible outcomes.
Our five-phased systematic approach uses LEAN Thinking, which has proven to create value while using fewer resources by design, and decreases waste, variability, and errors. Our Systematic Approach follows an established data analytics model, DMAIC (define, measure, analyze, improve, and control), which outlines how we align with healthcare organizations to provide consistent outcomes.