The Business of Surgery Healthcare lags behind other industries when it comes to innovation. That’s partly because new treatments must be vetted for safety and efficacy, and partly because fee-for-service reimbursement sparked little incentive for creativity and efficiency. Under value-based purchasing, OR leaders have more opportunity to be innovative, but first they must understand…
Total joint procedures are gradually moving to ambulatory surgery centers (ASCs) as technology, medical expertise, and cost pressures combine to make the ASC an increasingly attractive alternative to an acute care hospital. The key to success for these and other complex procedures, experts say, is a combination of careful planning,…
More than 400 surgical services directors, business managers, and thought leaders gathered in New Orleans in early February for the 2017 OR Business Management Conference. They came to explore new technology, learn from experts in the field, and network with their peers. They left with a wealth of ideas on…
Aging and active Americans are refusing to let back problems slow them down—the number of these patients is increasing, and they prefer the less invasive outpatient methods offered in ambulatory surgery centers (ASCs). So do their physicians. As a result, ASCs seeking to adopt new procedures are looking more closely…
When leaders at Memorial Healthcare, a 154-bed community hospital in Owosso, Michigan, wanted to get a jump on preparing for bundled payments, they chose to focus on total hip and knee surgery. Creating a perioperative surgical home (PSH) for this patient population paid off in enhanced patient satisfaction and reductions…
OR leaders besieged by surgeons and others clamoring for the latest innovations must ensure that the business case for any new technology makes good sense both for patients and the organization’s bottom line. Building a strong business case requires careful assessment, clear writing, and a strong partnership with the finance…
The inaugural Best in OR Business Award will be presented at the 2017 OR Business Management Conference in New Orleans on February 1. The award recognizes an individual who demonstrates strong business acumen with the ability to make complex logistical decisions, meet scheduling demands, think strategically, and focus on the bottom line.…
With no increases in reimbursement on the healthcare horizon, the leadership team at Advocate Good Samaritan Hospital in Downers Grove, Illinois, knew they needed to maximize revenue capture. The team, including Katrina Spears, MAOL, manager of business and informatics, used Lean methodology to improve precertification and reduce denials, resulting in…
An ambulatory surgery center (ASC) looking to expand its market may want to add new procedures, but only after careful consideration of resource investment versus ultimate benefit. In the first of a three-part series, OR Manager explores surgical specialties that appear to show promise for the outpatient setting. One of…
Surgical site infections (SSIs) not only harm patients, but also can squeeze a hospital’s bottom line through increased costs and reduced reimbursement. Patients undergoing colorectal surgery are particularly at risk for SSIs, according to data from the National Healthcare Safety Network (NHSN), but an effective multidisciplinary team and an evidence-based…
