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News Image Nooyis dedication to social responsibility saying, Throughout her career, Indra Nooyi has shown commitment to tackling some of societys biggest challenges [and has] done so with creativity, determination and vision. The Co-Chair of the Dinner was Tony West, Executive Vice President, Government Affairs, General Counsel & Corporate Secretary PepsiCo. Among the Vice Chairs were Maurice R. Greenberg, Chairman, The Starr Foundation; Barbara K. and Ira A. Lipman; Milken Family Foundation; Larry and Carol Mizel; Rupert Murdoch; the New York Yankees; and Trian Partners. Accepting the Humanitarian Award, Mrs. Nooyi spoke of her experiences earlier in her life where, as a person of color and a member of a religious minority in the U.S., she was sometimes made to feel unwelcome. But I also know something else. I know this is a big-hearted, generous country the only country on earth where a female immigrant could work her way up to the CEOs chair in one of the worlds most iconic companies, she said.

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Of respondents, 86 percent said that they have witnessed or known of a medical error that was the result of patient misidentification. Additionally, the survey showed that misidentification at registration results in medical errors at the point of care for treatments such as blood transfusions, radiation overdoses, and medication errors. Patient misidentification incidents also impact the financial side of the healthcare ecosystem. Survey respondents attributed inaccurate patient identification or incomplete patient information as the reason for 35 percent of all medical claims being denied, which are valued at an estimated $17.4 million per year per hospital. Patient misidentification also contributes to a loss of productivity for clinicians. According to the survey, the average time clinicians waste per shift is 28.2 minutes, costing the average healthcare organization $900,000 per year in lost productivity. Not only is positive patient identification vital to making the delivery of healthcare in our country as safe as possible, but its also the key to enabling interoperability, said Clay Ritchey, Chief Marketing Officer at Imprivata. If patients are identified accurately and consistently, we can establish a ubiquitous trust for patient identity that will allow the exchange of patient data across disparate systems to become a reality. Of the technologies available to prevent patient misidentification, survey respondents focused on biometrics as an effective solution for preventing financial loss and improving the patient experience. Nearly three-quarters of respondents believe that positively identifying a patient at registration through biometrics could improve cash flow for their hospitals.

For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/positive-patient-identification-dramatically-improve-140000190.html

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