Costs & Cost Controls

Latest Issue of OR Manager
June 2023
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Hospitals implement internal staffing agencies as solution to shortages

Editor's Note Hospitals and healthcare systems across the nation continue to face the staffing challenges which emerged from the COVID-19 pandemic, reports January 9 Becker’s Hospital Review. This issue is a top priority for healthcare leaders who want to maintain adequate staffing in order to provide the best patient care.…

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By: Bridget Brown
January 9, 2023
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Kaufman Hall report: Hospitals report negative margins, November 2022

Editor's Note Healthcare systems across the nation were still operating with negative margins in November of 2022, according to Kaufman Hall’s December National Hospital Flash Report, noted the American Hospital Association on January 4. The report looked at data from over 900 hospitals and noted that median operating margins for…

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By: Bridget Brown
January 5, 2023
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New AMDR report strengthens case for single-use medical device reprocessing

Recent analysis provided by the Association of Medical Device Reprocessors (AMDR) indicates that US hospitals could save up to $2.28 billion a year by maximizing the use of reprocessed single-use medical devices. According to the report, in 2020, US hospitals saved $372 million just by reprocessing single-use medical devices, as…

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By: Jake Colletti
December 15, 2022
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Key lessons on supply management at OR Manager Conference

Two major challenges that perioperative leaders are facing today are labor and supply costs. These two areas also happen to be the largest and second largest expense categories at most hospitals, making the challenges even more pronounced. What actions can leaders put in place to ensure that clinical staff are…

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By: Vicky Lyle
December 15, 2022
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Scheduling OR travel staff at a large academic institution

In 2020, the World Health Organization focused on promoting nurses to fill the anticipated need for 9 million nurses and midwives to achieve universal health coverage by 2030. The COVID-19 pandemic significantly amplified this pre-existing need. Additionally, the “Great Resignation” has impacted technology and healthcare disproportionally, and the University of…

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By: University of Pittsburgh Medical Center
December 15, 2022
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Tackling internal objections to single-use device reprocessing

Many healthcare professionals are aware of single-use device reprocessing and its benefits. According to the Association of Medical Device Reprocessors, the savings generated by such programs can strengthen a facility’s financial sustainability and help provide a path for more responsible environmental stewardship. Sometimes, ambulatory surgery centers (ASCs) may experience situations…

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By: Ken Diebner and Scott Jackson
December 15, 2022
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Hospitals' margins remain negative in November, 10th consecutive month

Editor's Note Hospitals and healthcare systems across the nation experienced their 10th consecutive month of negative profit margins, according to data Kaufman Hall released in a report on November 30, the American Hospital Association November 30 reports. The report notes that the pressures of increased expenses is a key driver…

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By: Bridget Brown
December 1, 2022
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Challenges and best practices with strategizing flip rooms

Consider the following requests posed to OR scheduling staff by surgeons: • “I need two blocks in different rooms to accommodate my daily case volume.” • “Can’t I just use that empty room to start my next case while the first case is wrapping up?” Surgeon requests like these are…

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By: Elizabeth Stocum, BSN, RN, CNOR
November 17, 2022
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Negotiating contracts with anesthesia: Set clear expectations and hire who you know

David Shapiro, MD, who is a risk manager/medical director at several ambulatory surgery centers (ASCs) near Tallahassee, Florida, has seen his fair share of contracts with anesthesia services. Navigating these types of contracts at a time when anesthesiology is suffering from a workforce shortage and high costs for services is…

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By: Jennifer Lubell
November 17, 2022
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Six low-cost solutions for improving staff retention

Editor's Note Severe staffing shortages paired with high labor costs are among the most significant challenges faced by hospitals today, according to responses from hospital executives in an October 18 KaufmanHall survey, HealthLeaders October 31 reports. The survey, named the 2022 State of Healthcare Improvement Report, shows that nearly half…

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By: Bridget Brown
November 7, 2022
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