The Business of Surgery Increasing costs and shrinking margins have continued to pressure business managers and senior hospital leadership to rethink strategies for raising surgeons’ awareness of product and nonlabor costs within the OR. Often providers are asked to cut costs but are unaware of the actual costs of the products they use. In…
Like a football team gathering to confirm tactical details before a play, surgical staff often form a huddle to ensure readiness of the providers, patient, and equipment for the upcoming procedure. In a twist on the traditional huddle the day before surgery, staff at the Hospital of Central Connecticut (HOCC)…
Trends such as bundled payment models, adding service lines, and increased competition among providers are just some of the challenges facing today’s OR business leaders. Year over year growth of the annual OR Business Management Conference attests to the need for expert advice on the increasingly complex world of budgets,…
Recent developments, including the push to outpatient services, increased consumer engagement, and a focus on outcomes, have made ambulatory surgery centers (ASCs) well positioned in the healthcare marketplace. But as with any marketplace, it takes bold thinking and thoughtful strategy to ensure an ASC stands out to consumers, physicians, and…
OR leaders face an increasing number of stresses, ranging from pressure to trim already lean budgets to searching for staff who could potentially replace them as they contemplate retirement. At the same time, OR leaders’ salaries remain flat, according to results from the 2016 annual OR Manager Salary/Career Survey. Respondents…
Government and third-party payers are pushing for value-based, rather than volume-based, models of care, yet few hospitals are moving that direction, a survey shows. The Centers for Medicare & Medicaid Services (CMS) requires that half of hospitals’ payments be value based by 2018, according to a 2016 Health Catalyst survey…
The shift toward value-based payment has gained some momentum with the Centers for Medicare & Medicaid Services’ (CMS) July 25 announcement of a proposed cardiac bundled payment model. Under the proposal, 98 randomly selected metropolitan areas would become accountable for the cost and quality of care related to coronary artery…
Information technology (IT) has been a lifesaver and a timesaver in healthcare, bringing speed and precision to medical-surgical procedures and replacing paperwork with electronic computation, storage, and communication. But there is a dark side. Systems can be sabotaged, files can be opened, and devices used in surgery can fail at…
Leaders in ambulatory surgery centers (ASCs) are seeing little to no growth in salary, even through most are experiencing higher surgical volumes, according to the OR Manager 2016 Salary/Career Survey. The average annual salary was $104,721, slightly more than the $102,051 in 2015, but the average total compensation was down…
OR leaders continue to face increases in volume and staffing mobility, according to the 2016 annual OR Manager Salary/Career Survey. The volume of surgical procedures in the past 12 months increased for slightly more than half of respondents (51%), compared to 43% in 2015. In terms of staffing, respondents noted…
