Purchasing

Latest Issue of OR Manager
August 2018

Report predicts spinal implant, surgical devices market growth

Editor's Note A Crystal Market Research report predicts the spinal implant and surgical devices market will top $15.7 billion by 2025, with a compound annual growth rate of 4.44%, according to the May 24 Becker’s Spine Review. The market will grow because of the rising geriatric population and enhanced technology.…

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By: Judy Mathias
June 1, 2018
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ECRI Institute announces healthcare supply chain award winners

Editor's Note The ECRI Institute on April 23 announced the winners of its seventh annual Healthcare Supply Chain Achievement Award, which recognizes hospitals and healthcare systems for their comprehensive and effective use of ECRI Institute’s PriceGuide™ and SELECTplus® supply and capital procurement advisory programs. Eleven winners were selected from nearly…

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By: Judy Mathias
April 23, 2018
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ECRI Institute issues free white paper on purchased services best practices

Editor's note The ECRI Institute on April 2 issued a free white paper on “5 Ways to Drive Savings and Quality on Your Purchased Services.” The 5 key areas to consider when developing a best practice process to evaluate purchased services, reduce spending, and make informed vendor selections are: Making…

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By: Judy Mathias
April 3, 2018
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Analysis predicts growth for thoracolumbar spine devices market

Editor's Note A Technavio analysis predicts that the global market for thoracolumbar spine devices will see a compound annual growth rate of almost 4% through 2022, the March 1 Becker’s SpineReview reports. A major driver of the growth is the increasing prevalence of spinal disorders. The market was dominated in…

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By: Judy Mathias
March 7, 2018
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Neurosurgical products market poised for growth

Editor's Note Wise Guy Reports predicts the global market for neurosurgical products will see a 10.5% compound annual growth rate through 2023 because of the growing availability of neurosurgical devices and increasing popularity of minimally invasive surgeries, the February 9 Becker’s Spine Review reports. Key players in the market, which…

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By: Judy Mathias
February 14, 2018
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Track ASC metrics to produce a healthy bottom line

Each day seems to bring new tasks for leaders of ambulatory surgery centers (ASCs), adding to their already overflowing plate. One task that can easily fall off that plate is collecting and analyzing metrics, yet failing to do so can have serious financial consequences. OR Manager recently asked ASC leaders…

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By: Cynthia Saver, MS, RN
October 19, 2017
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ECRI Institute's new SERVICEguide helps reduce costs of outsourced services

Editor's Note SERVICEguide is the ECRI Institute’s new membership-based advisory service that helps hospitals maintain and manage their outsourced services. SERVICEguide includes an interactive assessment dashboard with spend analytics that reveal the highest potential areas for savings. Recently, for example, ECRI Institute helped a large healthcare system save more than…

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By: Judy Mathias
September 25, 2017
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ECRI Institute releases free white paper on value analysis

Editor's Note The ECRI Institute on August 23 announced a new free white paper, “Value Analysis: Best Practices for Navigating the Evidence Maze,” to help value analysis committees bring an objective, systematic approach to the decision-making process for health technologies and interventions. The white paper includes three case studies that…

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By: Judy Mathias
August 23, 2017
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ECRI Institute announces new white paper on value analysis

Editor's Note The ECRI Institute on July 31 announced a new free white paper titled, “Value Analysis: Best Practices for Navigating the Evidence Maze. The white paper features three case studies that show how hospital value analysis committees can use the PICOTS (patients, intervention, comparators, outcomes, time frame for follow-up,…

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By: Judy Mathias
August 1, 2017
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Cost data persuade surgeons to be more frugal

Surgeons usually don’t have a high awareness of costs, partly because they haven’t had an easy way to know them. An unfortunate byproduct of this lack of knowledge can be higher OR costs. “Imagine what it’s like if, when you go to the grocery store, there are no price tags,…

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By: OR Manager
June 20, 2017
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