Editor's Note Stryker Corp announced its plans to showcase new joint-replacement technologies and updates to its Mako surgical robotic platform at the American Academy of Orthopaedic Surgeons (AAOS) meeting in San Francisco, according to a February 16 article in The Robot Report. The announcement includes the introduction of myMako and…

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Editor's Note Palomar Health, a hospital system in Escondido, California, reports improvement in nurse retention after instituting $100,000 sign-on bonuses for new nurses and $100,000 retention bonuses to current staff paid over a three-year period.  Becker’s Hospital Review reported the news on January 17. The $100,000 bonuses were instituted in March…

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Editor's Note Healthcare employment in the US rose by 70,300 from January to February, according to the latest report from the Bureau of Labor Statistics, released on February 2. That is compared to an overall monthly gain of 353,000 in January—similar to the 333,000 gained in December—for a total of…

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Editor's Note After three days of education and networking last week at the 2024 OR Business Management Conference (ORMBC) last week, we’ve already got our sights set on next year. Mark your calendar for February 9-12, 2025, for another chance to hone in on OR profitability at the 13th iteration…

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Editor's Note Since the pandemic, the view of the healthcare industry in congress has essentially gone from “hero to zero” – a shift with potentially big implications for the healthcare business leaders gathered at yesterday’s closing session from Soumi Saha, PharmD, JD, senior vice president of government affairs at Premier…

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Editor's Note Robotic surgery can improve patient outcomes, reduce costs, and improve efficiencies and turnover time, but only if it’s done right. In a conference session yesterday,  Michelle Toder, MD offered insights, best practices, and lessons learned during two decades of experience in pioneering robotic applications in weight loss and…

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Editor's Note “Can cost and resiliency co-exist?” Michael Schiller, CMRP, executive director (interim) of the Association for Healthcare Resources and Materials Management—a professional membership group of the American Hospital Association—asked this session’s audience on the last day of the OR Business Management Conference. “They can co-exist,” he said, “but resiliency…

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Editor's Note Understanding the impact of value-based care on the surgical suite (VBC) will be essential for hospitals to understand as payers begin to seek partners in new payment models. In a conference session yesterday, Lauren Cricchi, associate principal, financial services at Avalere Healthcare and Katie Sullivan, senior vice president,…

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Editor's Note How will healthcare regulators deal with artificial intelligence? How will malpractice law change, and who will be liable for harm derived from AI diagnosis and treatment recommendations? What can be done about bias in AI? Even amid a surge in algorithms cleared by the FDA, all of these…

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Editor's Note For Northwell Health University System, a large hospital system in New York state, saving millions in OR expenses in just a few years’ time was possible not just through meticulous analytics, but also cultural transformation. This was among the chief conclusions of a session led by Adam Becker,…

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