Business

Latest Issue of OR Manager
February 2019

Disruptive innovation in supply chain: Impact of Amazon and technology, Part 1

Supply chain is the lifeblood of the OR, so any disruption in the flow of that lifeblood can lead to outcomes ranging from dissatisfaction with backorders to chaos if a new implant doesn’t arrive on time. But disruption also can be a positive force, especially if it supports flow. When…

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By: Cynthia Saver, MS, RN
January 14, 2019
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Early 'victories' forecast bright future for business awardee

Each year at the OR Business Management Conference, an outstanding leader receives the Best in OR Business Award. The 2019 award will be presented to Tracy Raymond, MHA, BHA, CRCST, CHL, perioperative services business manager at Amita Health Saint Joseph Medical Center (formerly Presence Saint Joseph), a 480-bed hospital in…

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By: Elizabeth Wood
January 14, 2019
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Comprehensive ROI pitch helps to procure OR equipment

Multiple requests for new equipment and technology—usually from surgeons but also sometimes from staff—are not uncommon. As part of their due diligence, OR leaders must determine whether the return on investment (ROI) justifies the purchase. Doing ROI calculations systematically—and involving key stakeholders—can help ensure that the organization makes the best…

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By: Cynthia Saver, MS, RN
January 14, 2019
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Surgical VAC mines new software for deeper look at products

After transitioning from a paper-based data and operations management system to one that uses relational database software, Lahey Hospital and Medical Center (LHMC) in Burlington, Massachusetts, saved more than $1 million in product purchases in 2017. The surgical value analysis committee (VAC) evaluated 150 product requests and managed the conversion…

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By: Robert Dolan, MD,, Kristen Murphy, MBA, and Edward Aiello
January 14, 2019
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Healthcare executives investing more in data analytics, AI

Editor's Note A survey by NewVantage Partners finds that 77% of healthcare executives are increasing investments in big data analytics and artificial intelligence (AI), according to the January 4 HealthIT Analytics. Disruptive forces and industry competitors are the major motivators for the increase. Nearly 80% of data analytics leaders say…

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By: Judy Mathias
January 8, 2019
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December healthcare employment highest in decades

Editor's Note US healthcare added 50,200 jobs in December to a seasonally adjusted 16,213,000, the Bureau of Labor Statistics reported on January 4. That is up 346,000 more employees than a year ago, and the highest since 1990. The overall unemployment rate rose by 0.2% to 3.9%.  

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By: Judy Mathias
January 7, 2019
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Effect of CJR bundled payment program on care delivery

Editor's Note Participation in the Comprehensive Care for Joint Replacement (CJR) bundled payment program was associated with changes in care delivery and compensation practices, this study finds. This survey of 73 orthopedic surgeons found that those practicing in CJR hospitals were more likely to report their hospitals had implemented programs…

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By: Judy Mathias
December 6, 2018
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CMS: New online tool compares cost differences for outpatient procedures

Editor's Note The Centers for Medicare & Medicaid Services (CMS) on November 27 launched a new online tool that compares Medicare payments and co-payments for certain outpatient surgical procedures performed in hospitals and ambulatory surgery centers. The “Procedure Price Lookup” tool will help Medicare patients consider potential cost differences when…

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By: Judy Mathias
November 29, 2018
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HHS issues draft strategy to reduce burdens linked to EHRs, health IT

Editor's Note The Department of Health and Human Services (HHS) on November 28 issued a draft strategy to reduce administrative and regulatory burdens caused by electronic health records (EHRs) and health information technology (health IT). The draft “Strategy on Reducing Regulatory and Administrative Burden Relating to the Use of Health…

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By: Judy Mathias
November 29, 2018
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Study: 'Meaningful use' of EHRs linked to shorter LOS

Editor's Note Hospitals that successfully attested to "meaningful use" of electronic health records (EHRs) experienced a shorter patient length of stay (LOS) in this study. This analysis of patient data from California categorized hospitals into one of three categories−partial adoption of EHRs, full adoption of EHRs, and meaningful assimilation of…

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By: Judy Mathias
November 28, 2018
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