Costs & Cost Controls

Latest Issue of OR Manager
February 2023
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House passes mental health parity bill to boost worker protection, impose fines

Editor's Note On Thursday, September 29, the House of Representatives voted 220-205 to pass legislation to impose new fines on insures that do not follow federal mental health pay parity requirements, in order to "hold employer-based health plans more accountable for improper denials of mental health and substance use benefits,"…

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By: Tarsilla Moura
September 30, 2022
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Study: Is nurse staffing legislation needed in New York?

Editor's Note This study by nurse researcher Linda Aiken, PhD, RN, FAAN, and colleagues at the University of Pennsylvania School of Nursing, Philadelphia, finds that the Safe Staffing for Quality Act under consideration by the New York state assembly would save lives, shorten hospital stays, reduce readmissions, and lower costs.…

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By: Judy Mathias
September 27, 2022
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Survey: Relatively flat compensation in an era of many stressors

Data and surveys

Compensation has remained relatively flat for leaders in ambulatory surgery centers (ASCs), according to the 2022 OR Manager Salary/Career Survey, even as leaders face ongoing stressors. This is reflected in the 40% of respondents who reported a total current annual compensation of $120,000 or more—unchanged from 2021. Ongoing stress is…

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By: Cynthia Saver, MS, RN
September 27, 2022
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CVS, Amazon make billion-dollar healthcare acquisition bids

Editor's Note CVS Health announced on Monday, September 5, that it entered into a definitive agreement with Signify Health, under which CVS will acquire Signify Health for approximately $8 billion (at $30.50 per share). The news comes on the heels of Amazon’s announcement on July 21 that it plans to…

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By: Tarsilla Moura
September 6, 2022
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Hospitals seeing worst margins since beginning of pandemic, Cleveland Clinic posts near $1B loss

Editor's Note In this National Hospital Flash Report, published in August 2022 by healthcare consulting company Kaufman, Hall and Associates, LLC, experts say “that 2022 is shaping up to be the worst year financially for US hospitals and health systems since the beginning of the COVID-19 pandemic,” Becker’s Hospital CFO…

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By: Tarsilla Moura
August 31, 2022
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Amazon shutting down its healthcare service

Editor's Note Amazon is shutting down Amazon Care by the end of the year, the August 24 Washington Post reports. Amazon Care was initially started as an internal healthcare offering for Amazon employees, but currently, it is available to employees of half a dozen corporate customers. Workers were told their healthcare…

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By: Judy Mathias
August 25, 2022
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Bundled payments: A win-win-win approach for ASCs

Healthcare costs in the US have increased exponentially in recent years. Surgical procedures are especially costly. Cost control without sacrificing high quality care is the ultimate goal for many surgical practices and payers. Alternative practices and payment models have been explored to meet this goal. Episode-based payments, more commonly known…

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By: Uyen Vo, BSN, MBA
August 19, 2022
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Survey: Most hospitals, health systems are increasing investment in ASCs

Editor's Note In this annual survey published by Avanza Healthcare Strategies and titled “2021–2022 Hospital Leadership ASC Survey,” senior healthcare executives and clinical leaders shared insights into hospital-owned and hospital-physician joint venture ambulatory surgery center (ASC) trends. The responses show that “hospitals and health systems of all sizes are expanding…

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By: Tarsilla Moura
August 16, 2022
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Senate passes healthcare bill including drug price reforms

Editor's Note On Sunday, August 7, the Senate passed a spending bill allocating billions of dollars to climate reform and healthcare focused programs, including provisions that give “Medicare the power to negotiate drug prices for a small subset of drugs” and extend “enhanced Affordable Care Act subsidies” for 3 years,…

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By: Tarsilla Moura
August 9, 2022
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US uninsured rate reaches all-time low

Editor's Note  The number of Americans without health insurance coverage has hit a record low of 8% this year, exceeding the previous low of 9% in 2016, the Department of Health and Human Services July 3 reports. Since 2020, 5.2 million people have gained coverage, including 4 million adults and…

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By: Lauren McCaffrey
August 4, 2022
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February 2023
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