Costs & Cost Controls

Latest Issue of OR Manager
July 2022
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Report: US hospitals still seeing ‘cumulatively negative’ margins

Editor's Note A report compiled by healthcare consulting company Kaufman Hall, titled “National Hospital Flash Report: June 2022” and published on June 28, shows that US hospitals and health systems continue to “perform below pre-pandemic levels,” the American Hospital Association (AHA) June 28 reports. The report analysis is based on…

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By: Tarsilla Moura
June 29, 2022
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Joint Commission-accredited ASCs report increased return on investment

Editor's Note The Joint Commission reported on June 1 that a new independent study of 161 Joint Commission-accredited ambulatory surgery centers (ASCs) finds that for each dollar invested in accreditation, an organization has that dollar returned along with an additional $6.28 in benefits. Key areas of financial return include: Revenue,…

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By: Judy Mathias
June 2, 2022
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Five things to ask distributors about ASCs

While the COVID-19 pandemic continues to evolve with impacts shifting over time, some of the changes it brought to healthcare—specifically the OR—may be permanent. One trend it accelerated: the rise in new ambulatory surgery centers (ASCs), which specialize in elective or same-day outpatient surgical procedures. While this trend was largely…

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By: Tarsilla Moura
May 24, 2022
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Session: Leadership roundtable panel

Editor's Note In this wrap-up roundtable discussion, members of the conference planning committee Hazel Boyd, MBA, clinical operations manager at Boston Children’s Hospital; Sheila Stein, MSN, FNP, CNS, CNOR, robotics coordinator at Cayuga Medical Center; and Denise Waslo, MSN, RN, CNOR, CSSM, NE-BC, director of perioperative services at Long Island…

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By: Tarsilla Moura
May 18, 2022
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Session: Financial implications of unprofessional behavior in the OR

Editor's Note In this presentation, Lynn Webb, PhD, assistant dean for faculty development and assistant professor of Medical Education and Administration at Vanderbilt University Medical Center, made a compelling argument for how unprofessional behavior on the part of clinical staff—including OR personnel—has a direct impact on the financial performance of…

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By: Tarsilla Moura
May 18, 2022
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CJR program reduced some racial differences in outcomes

Editor's Note This study from the Icahn School of Medicine at Mount Sinai, New York City, finds that Medicare’s Comprehensive Care for Joint Replacement (CJR) program led to a reduction of racial differences in hospital readmission rates for patients having hip or knee replacement surgery. The retrospective cohort study included…

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By: Judy Mathias
April 19, 2022
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Research shows orthopedic procedures cost less in ASCs

Editor's Note According to ASC Focus, the Ambulatory Surgery Center Association journal, new research was recently published that supports older data pointing to the cost savings of orthopedic procedures being done in ambulatory surgery centers (ASCs) compared to hospital outpatient departments (HOPDs). Past research cited by ASC Focus included an…

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By: Tarsilla Moura
March 15, 2022
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10-year outcomes of off-pump vs on-pump CABG in Department of Veterans Affairs patients

Editor's Note This multi-center, randomized, clinical trial that compares on-pump coronary artery bypass grafting (CABG) with off-pump CABG finds no advantage for off-pump CABG. A total of 2,203 veterans were randomly assigned to off-pump (1,104) or on-pump (1,099) CABG procedures at 18 VA medical centers, and the veterans were then…

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By: Judy Mathias
February 17, 2022
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Report: Only 14.3% of hospitals comply with 2021 price transparency rule

Editor's Note According to Healthcare Purchasing News (HPN), a new report published by PatientRightsAdvocate.org shows that the majority of hospitals continue to not disclose the cost of care from consumers one year after an Executive Order requiring hospitals to post their real prices went into effect. The “Semi-Annual Hospital Price…

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By: Tarsilla Moura
February 14, 2022
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ASCs sue over lack of spine surgery reimbursement

Editor's Note According to the February 2 Becker’s ASC Review, two ambulatory surgery centers (ASCs) recently filed lawsuits against insurance payers over reimbursement, or lack thereof, for spinal procedures. Surgery Center of Viera, based in Melbourne, Florida, filed its lawsuit January 20 against Cigna and consulting services Strategic Enterprise Solutions…

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By: Tarsilla Moura
February 3, 2022
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