OR Business
Supporting healthcare staff with on-demand staffing solutions
Healthcare systems worldwide, regardless of their size or market, are facing the same challenge: how to meet the growing demand for qualified staff without straining hospital budgets. According to a report by the American Hospital Association, health systems are experiencing a significant workforce turnover that began in 2016. On average,…
Coordinating surgical care means precise staff handoffs
In every OR, the complicated dance of surgical care coordination—the series of handoffs between stakeholders throughout the surgery lifecycle—is performed mainly in the background. Those stakeholders include physician offices, schedulers, preadmission testing, insurance verification, vendors, sterile processing, supply chain, anesthesia, and surgical staff. But what does it look like when…
Hospitals report modest growth as pandemic recovery continues
Editor's Note: Hospitals and health systems are reporting improved operating margins and increases in revenue as they continue their long recovery from the effects of the COVID-19 pandemic, according to a January 10 report from Chief Healthcare Executive. Citing the National Hospital Flash Report from Kaufman Hall, the article notes…
KPMG forecasts hospital closures, healthcare and life sciences mergers
Editor's Note: Investors see particular opportunity for mergers in healthcare and life sciences companies, Chief Healthcare Executive reported January 5. Citing the 2024 outlook of audit, tax, and advisory firm KPMG, the report notes that 61% of investors expect deal-making to increase in these sectors, while only 9% expect to…
2024 limits set for non-monetary physician compensation
Editor's Note: Non-monetary compensation to physicians is limited to no more than $507 for calendar year 2024, according to a report on the federal Stark Law published December 27 in Lexology. The Stark Law applies to non-cash or cash-equivalent payments from hospitals, physician groups, labs and other provider entities. The…
Bipartisan congressional letter calls for end to Medicare payment cuts
Editor's Note Nearly 200 members of Congress co-signed a letter urging House and Senate leaders to act quickly in order to prevent a 3.37% cut to Medicare reimbursement payments that was scheduled to take effect on January 1, 2024. The American Medical Association, which supports the effort, reported the news…
COVID-19 hospitalization costs outpaced medical inflation
Editor's Note The cost of COVID-19 hospital admissions increased at more than 5 times the rate of overall medical inflation as fewer patients died from the virus. The new study findings appeared in JAMA Network Open on January 3. The 26-percent increase in average costs to provide inpatient care occurred…
Healthcare employment up in December, defying expectations
Editor's Note Healthcare employment in the US rose by 37,700 from December 2023 to January 2024, according to the latest report from the Bureau of Labor Statistics released on January 5. Overall, employment rose by 2.7 million in 2023 (an average monthly gain of 225,000), which is less than the…
More executives considering ASC joint ventures
Editor's Note A survey of health system executives published January 4 by VMG Health finds that an increasing number are planning to expand into joint ventures with ambulatory surgery centers as they look to move more services from inpatient to outpatient facilities. The survey included 141 health system executives, including…
Perioperative management: Top challenges, priorities for OR leaders in 2024, per survey
Staff recruitment and retention is the top priority of OR leaders going into 2024, according to a November/December survey conducted by LeanTaaS in collaboration with OR Manager. Out of 84 respondents (some skipped), while 76% chose staff recruitment and retention, both improving operational efficiency (65%) and sustaining volume (36%) also…
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- Medical error initiative from Joint Commission affiliate NQF targets preventable harm, “never events”
- EPA rule to limit dangerous emissions from medical sterilization plants
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