PACS Benefits, Cost Savings (3 mins read)
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For many medical Imaging centers or others in the healthcare world, the reduction of expenditures is an important factor in healthcare admin. One of the best advantages of a Cloud PACS System is the cost reduction that comes along with the streamlined workflows it creates. A cloud-based PACS is a picture archiving and communications system that runs on remote cloud services. It stores, retrieves, manages, and shares medical imaging reports across your medical network. To learn more about a Cloud PACS System, read our “What is a PACS System” article which details the basics of this system. In this article, we will be breaking down the cost-effectiveness of the Cloud PACS System.
We wanted to bring upon a study conducted over a 8-year time frame to measure how medical costs have shown to fluctuate with film-based operation vs. when a hospital-wide PACS System was implemented. Researchers found that the net present value for film-based operations was $2,083,856 USD whereas when the PACS Cloud System was implemented, the net value was $2,598,698 USD, saving the hospital about half a million USD. Researchers were overall pleased to find that not only can a PACS System increase productivity for healthcare workers, patients, and those in the healthcare network, but this system also plays a significant role in reducing costs for medical centers.
With a PACS System, medical centers can eliminate hardware investment. These can be any physical devices or tools used for imaging. Along with this, Cloud systems provide data redundancy eliminating the need for local backup systems which can be costly.
Cloud PACS systems are managed in the cloud which saves time and costs associated with manual upgrades. You can eliminate the need of contacting an IT support team. Software updates are also managed in the cloud.
With this system, you only pay for the storage you use. This allows you to be more cost effective with scaling as your imaging volume grows. Traditional systems may require purchasing excess storage capacity which can be wasteful if it remains unused.
Moving to cloud systems means being able to save on electricity costs that are powered by physical hardware equipment.
Cloud systems enable you to quickly and easily share images and allow patients to manage their images. This reduces the costs of CDs, DVDs, or printed films. There is also a reduced cost of shipping that may be associated with image delivery.
Switching to a cloud-based PACS system offers both short-term and long-term benefits.
Short Term Benefits
Long Term Benefits
Upgrading to a PACS Cloud-system is a strategic decision that many healthcare facilities can consider. Transitioning to a cloud-based PACS system like Mimic is a smart investment for medical imaging centers looking to reduce costs without compromising quality. By eliminating expensive hardware, lowering maintenance requirements, and enabling scalable, pay-as-you-go storage, Mimic streamlines operations and ensures seamless access to imaging data. With Mimic, you can modernize your workflow, improve efficiency, and save thousands. Start today and get in contact with our team.
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