Costs & Cost Controls
Session: Navigating the Storm: Ensuring Operational Continuity Through Crisis Leadership
Editor's Note In an expansive session at the 2025 OR Business Management Conference, Tampa General Hospital's emergency management team demonstrated how proactive planning, strong partnerships, and real-time decision-making helped navigate multiple crises in 2024, including back-to-back hurricanes and a cyberattack on the state's blood supply. The session was presented by Erinn…
Session: Cracking the Code: Innovative Hacks for Preference Card Management and C-Suite Support
Editor's Note Outdated and inaccurate preference cards cost hospitals millions of dollars in delayed surgeries wasted supplies—but with the right strategy, they can become a powerful tool for efficiency and cost reduction. This was among the main takeaways of a 2025 OR Business Management Conference presentation from Jason Goodwin, MPH,…
Session: Crew Incentives: 3 Guiding Principles to Leverage Value Analysis Teams
Editor's Note Jasmine Hampton-Nicholson MSN, RN, CNOR, learned the value of a value analysis team (VAT) the hard way. “I thought that we had a very solid process for our value analysis team,” said the VP of perioperative services at Temple University Health System in a presentation at 2025 OR…
Session: Modernizing OR Scheduling—How Northwell Health Streamlined Block Management
Editor's Note Driving efficiency in perioperative scheduling requires a combination of the right technology, cross-team collaboration, and a commitment to change management. This was among the primary takeaways of an OR Business Management Conference session on Northwell Health's approach to optimizing operating room (OR) workflows. Adam Becker, MPA, assistant vice…
Session: Anchoring Profits—Restructuring Inventory Practices to Secure $200 Million in Cost Savings
Editor's Note Restructuring inventory management has slashed costs and enhanced efficiency at Massachusetts General Hospital (MGH), presenters revealed at the OR Business Management Conference, touting an initial savings estimate of $200 million. Presented by Paul Flaherty, CRCST, Senior Manager Customer Service, Joshua Gomez, MPH, Business Operations Manager, and Steve Spring,…
Opening Keynote: Charting Your Course to Success—Financial Wins through Value-Based Performance
Editor's Note Although the central tenets of value-based healthcare have not changed, in many cases implementation has been reduced to little more than reducing costs, to the detriment of clinicians and patients. In a session at the 2025 OR Business Management Conference in February, economist Susanna Gallani, PhD, examined this…
Moody’s downgrades health insurance outlook as medical costs surge
Editor's Note Moody’s Ratings has shifted the health insurance industry’s credit outlook from stable to negative, according to a February 3 article in Fierce Healthcare. According to the article, the downgrade is due to escalating medical costs that outpace reimbursement rates. Analysts project an 8% rise in commercial market spending…
Legislation proposes to halt Medicare physician payment cuts
Editor's Note A January 31 statement from the American Medical Association (AMA) announces the organization’s support for bipartisan legislation aiming to reverse steep Medicare reimbursement reductions threatening physician practices and patient care access. Introduced by a coalition of 10 House members, the "Medicare Patient Access and Practice Stabilization Act" would…
Cigna ties executive pay to patient experience
Editor's Note As part of a larger initiative to ease access to care, insurance giant Cigna is tying compensation for senior leadership directly to customer satisfaction. Modern Healthcare reported the news February 3. The shift is part of a multi-pronged approach that also includes overhauling prior authorization requirements and limiting…
Welcome to the OR Business Management Conference
It is with great pleasure that we welcome you to the 2025 OR Business Management Conference, taking place from February 10 to 12 at the Saddlebrook Resort in Tampa, Florida. We hope you will make the most of this premier event, which is dedicated to equipping perioperative business leaders with…
Free Daily News
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- Clinicians urged to rethink gynecologic pain management
- Direct-hire international nurses could offer sustainable solution to US shortage
- Healthcare leaders project revenue gains from value-based care despite persistent hurdles
- CMS updates hospital price transparency guidelines
- CDC communication breakdown raises public health risk
- Study: Shorter radiation schedule matches safety of standard prostate cancer treatment
- Poll: Healthcare cybersecurity leaders overlook AI-enabled physical security gaps
- ASC improves hospital efficiency, maintains outcomes despite higher-acuity joint replacement patients
- Hospital support staff cuts raise risk of infection, delays in care