Business

Latest Issue of OR Manager
December 2017

OR business conference brings big ideas to the Big Easy in 2017

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,…

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By: OR Manager
October 17, 2016
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Smart marketing helps ASCs attract patients and surgeons—Part 1

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…

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By: OR Manager
October 17, 2016
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Survey: EHRs increase costs, reduce productivity

Editor's Note A Deloitte survey of physicians found that three out of four believe electronic health records (EHRs) increase practice costs, which outweigh any efficiency savings, and seven out of 10 say EHRs reduce their productivity, the October 3 Healthcare Informatics reports. Nearly two-thirds (62%) of respondents want EHRs to…

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By: Judy Mathias
October 10, 2016
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Hospitals still using chargemaster markups to improve revenue

Editor's Note Since Medicare adopted its prospective payment system in 1985, many hospital executives and economists have suggested that the hospital chargemaster (list of prices for all hospital procedures and supplies) is irrelevant. However, in this study, researchers found that hospitals are systematically adjusting their charge-to-cost ratios (ie, chargemaster price…

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By: Judy Mathias
September 12, 2016
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Joint Commission releases 2017 ORYX reporting requirements

Editor's Note The Joint Commission on September 7 released its 2017 ORYX Performance Measurement Reporting Requirements for accredited hospitals. Hospitals will report on 5 chart-abstracted measures and a choice of 6 of 13 electronic clinical quality measures (eCQMs). Critical access and small hospitals may choose the six eCQMs from 13…

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By: Judy Mathias
September 12, 2016
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CMS releases payment adjustments for 2017 EHR incentives

Editor's Note The Centers for Medicare & Medicaid Services (CMS) has announced that starting October 1, 2016, hospitals that are still not meaningful users of electronic health records (EHRs) will be subjected to a reduced increase in their Inpatient Prospective Payment System rate, the September 2 Healthcare IT News reports.…

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By: Judy Mathias
September 8, 2016
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Study: Physicians spend half their time on EHRs, desk work

Editor's Note In this study, researchers found that physicians spent 49.2% of their time during the day on electronic health records and desk work and 27% of their time with patients. In addition, they spent an extra 1 to 2 hours each night during their personal time on EHRs. While…

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By: Judy Mathias
September 7, 2016
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Salary remains flat as volume increases for OR leaders

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…

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By: OR Manager
September 2, 2016
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Bundled payments: Part and parcel of value-based care

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…

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By: OR Manager
September 2, 2016
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Editorial

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…

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By: OR Manager
September 2, 2016
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