The Business Case for Wireless MRI Monitoring

The Hidden Cost of Cancelled MRIs

Each cancelled MRI procedure represents an average of $1,200 in lost revenue—before accounting for wasted staff hours, rescheduling delays, and patient dissatisfaction. For many hospitals, high-risk patients such as pediatrics, complex cardiac cases, or elderly individuals with comorbidities often drive these cancellations. Traditional monitoring equipment simply makes safe imaging too difficult.

Unlocking New Revenue Opportunities
The Tesla M3 monitoring system changes this equation. By providing wireless, MRI-compatible monitoring—including artifact-free ECG—it enables safe imaging of patient populations once considered too risky. Hospitals can expand their services into higher-acuity imaging, often reimbursed at premium rates, while reducing cancellations across standard procedures.

For a 200-bed hospital, reducing MRI cancellations by just 35% can reclaim over $180,000 annually. Add in expanded capacity for cardiac and neurological imaging, and many facilities see 15–20% increases in profitable imaging volume within the first year.

Beyond the Financials
The benefits extend beyond revenue:

• Improved patient satisfaction: Facilities report HCAHPS score improvements of up to 28% in imaging-related metrics.

• Reduced liability: Comprehensive monitoring lowers risk exposure and demonstrates compliance with patient safety standards.

• Operational efficiency: Fewer cancellations free up staff time and reduce scheduling bottlenecks.

Investing in the Future of Imaging
Wireless monitoring isn’t just a technology upgrade—it’s a strategic investment. It strengthens financial sustainability, supports high-value patient services, and reinforces a hospital’s reputation for clinical excellence.

For administrators and decision-makers, the Tesla M3 represents a rare opportunity: improve patient safety and improve the bottom line.