Editor’s Note "The pandemic is to healthcare what 9/11 was to the transportation industry. Just like you will never fly the same way, you will never get your hip replacement the same way," Andrew Martin, MSN, RN, CPHRM, Patient Safety Analyst / Consultant, ECRI Institute, told the audience in the…

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Editor's Note “Patients, physicians, and others basically label hospitals as the place you go when you’re sick,” Joan Dentler, MBA, Founder and President of Avanza Healthcare Strategies, said when opening the session, “ASC Joint Ventures—Risk or Reward?” On the flip side, she continued, “outpatient services is where you go when…

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Editor's Note In an informative presentation that focused on how data and electronic health records (EHR) played a key role in helping the team at Thomas Jefferson University Hospital understand the financial impact of turnover time inefficiency, Monica Young, MBA, RN, DNP, Vice President of Perioperative Services; Stefanie Landmesser, MSN,…

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Editor’s Note “What problem does your OR have that you would like to solve?” posed Pamela Hunt, BS, MSN, RN, NEA-BC, FAAN, Executive Advisory, Consultant and Associate Faculty, Kelly School of Business, Indiana University, to the audience at the OR Business Management Conference. During her session, "No Margin, No Mission:…

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To be a leader today you must be competent to understand the drive of financials, says Brandon Bennett, DNP, APRN, CNOR, CNS-CP, CSSM, CNAMB, NE-BC, adding that “optimization is critical.” Bennett discussed the significance of understanding financial management in the OR in the pre-conference workshop on Sunday at the OR…

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Editor’s Note Three panelists weighed in on which trends are impacting profitability in an OR Business Management Conference session titled, "Trends in the OR—What's Driving Profitability?" What is the area most affected by last year’s high inflation and supply shortages? Staffing expenses and shortages are continuing to "put pressure on…

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Editor's Note Adding more anesthesiology residency positions, even without federal funding, may help hospitals save staffing costs and address shortages of anesthesia personnel, finds a study presented January 27 at the American Society of Anesthesiologists’ ADVANCE 2023, in Orlando, Florida. Researchers from the University of Pittsburgh Medical Center compared the…

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Editor's Note Inaccurately recording anesthesia start times is common and results in significant lost billing time for anesthesia practices and medical centers, finds a study presented January 26 at the American Society of Anesthesiologists’ ADVANCE 2023, in Orlando, Florida. The researchers, from Northwestern University McGaw Medical Center in Chicago, analyzed…

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For healthcare, and for hospitals and health systems especially, 2022 was one of the years with the worst financial performance seen in decades. Monthly reports throughout last year depicted rising costs, mostly exacerbated by the crippling staff shortages and a reliance on more expensive contract staff, and diminished profit margins.…

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Over my 40-year career—after starting at the bedside in surgical intensive care, moving to emergency medicine, and then to perioperative services—I have been fortunate to progress into executive leadership positions in academic medical center health systems and community hospitals, consult with a top global advisory firm, and now work in…

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