VITVIO LTD
NHS Problem
From 2020 onwards, the NHS started experiencing increasing demand and declining performance on its main waiting time measures. The waiting list for hospital treatment rose to a record of nearly 7.8 million in September 2023 and the 18-week treatment target has not been met since 2016. It is estimated that total expenditure on surgery in the NHS amounts to £4.5 billion (over 4% of the total NHS budget). This financial burden is set to grow as the waiting list expands.
The Solution
VitVio is an advanced computer vision platform specifically created to elevate safety and efficiency in hospital operating rooms. Our technology utilises cameras and algorithms to autonomously track and analyze surgical procedures.
Our platform offers real-time monitoring of surgery progress, enhanced inventory management, monitoring of protocol adherence, optimization of workflow within the operating room, and in-depth insights into operating room events.
Impact
By leveraging advanced computer vision algorithms, our platform empowers hospitals to increase their surgery volumes, optimise staff allocation, minimize infection risks, and improve equipment usage – all while maintaining patient safety.
VitVio presents a substantial cost-saving opportunity for most of the 3,000+ operating rooms across the UK. Research shows approximately £91,000 per month is currently wasted per OR due to inefficiencies. Additionally, wasted OR time costs up to £80 per minute. Total waste of materials alone conservatively ranges from £200-900 per procedure. We estimate our platform would help save over £10,000 per month for each OR in the very first stages, increasing with time.
Moreover, our solution is poised to help the NHS tackle the substantial backlog in surgeries. By optimizing OR utilisation, our platform will facilitate more procedures to be performed. This will contribute to long-lasting improvements in patient satisfaction by reducing complications and readmissions.
Our real-time analytics provide unparalleled visibility into OR performance. This equips hospitals with data-driven insights to guide future decisions and drive continual improvements in efficiency, safety, and the quality of care.