Unlike earlier years, hospitals today are battling multiple challenges:
➡ Rising resource and operational costs
➡ Shrinking patient spending capacity
➡ Growing public skepticism over billing and transparency
In such a demanding scenario, hospitals are expected to:
➡ Deliver quality care
➡ Maintain optimal price points
➡ Avoid overcharging or unnecessary procedures
But here’s the real question:
Can a hospital stay honest, fully compliant with tax laws, affordable, and still be profitable?
YES — if leakages and wastages are identified and controlled.
What Studies Say About Leakage & Wastage in Hospitals
Up to 20% Revenue Leakage in Healthcare
Nearly 1 in 5 healthcare leaders report losses exceeding 20% due to patient leakage alone.
🔗Source – https://lnkd.in/g79XeUAF
Medication Wastage as High as 80% in Indian Hospitals
A study in an orthopedic unit found unused medications resulted in wastage rates as high as 80%.
🔗Source – https://journals.lww.com/
10%+ Revenue Leakage Is Common Globally
Research shows over 40% of hospitals report more than 10% annual revenue leakage.
🔗Source – https://lnkd.in/gy2KkWdN
How Hospitals Can Plug the Leaks
- Real-time Inventory Tracking: Track medicines, diagnostic supplies, OT consumables, and expiry-sensitive items to prevent pilferage and overstocking.
- Process Automation & Standardization: Digitize routine operations to reduce manual errors and ensure consistency.
- Data-Driven Insights: Identify bottlenecks, underused assets, or overconsumption using actionable analytics.
- Equipment Quality Management: Proactively maintain clinical and support equipment to reduce crisis repairs and extend lifespan.
- Audit Trails & Accountability: Ensure transparency and prevent misuse through traceable user actions.
Where SKY-HMS Can Help
At Skysoft, we’ve seen firsthand how hospitals can improve profitability without compromising care—just by controlling leakages and improving utilization.
➡ With SKY-HMS, hospitals gain visibility, accountability, and decision-making power across departments—from pharmacy to diagnostics to equipment tracking.
It’s not just about software—it’s about consulting that transforms operations.
