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April 2024
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Session: How value-based care will impact surgical services

Editor's Note Understanding the impact of value-based care on the surgical suite (VBC) will be essential for hospitals to understand as payers begin to seek partners in new payment models. In a conference session yesterday, Lauren Cricchi, associate principal, financial services at Avalere Healthcare and Katie Sullivan, senior vice president,…

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By: Matt Danford
February 7, 2024
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Session: What are the legal implications of AI in healthcare?

Editor's Note How will healthcare regulators deal with artificial intelligence? How will malpractice law change, and who will be liable for harm derived from AI diagnosis and treatment recommendations? What can be done about bias in AI? Even amid a surge in algorithms cleared by the FDA, all of these…

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By: Matt Danford
February 7, 2024
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Session: OR optimization driven by more than just data

Editor's Note For Northwell Health University System, a large hospital system in New York state, saving millions in OR expenses in just a few years’ time was possible not just through meticulous analytics, but also cultural transformation. This was among the chief conclusions of a session led by Adam Becker,…

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By: Matt Danford
February 6, 2024
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Session: Strategy to reduce temporary labor expense

Editor's Note “How many of you are still struggling with staffing?” Tammy Straub, MSN, RN, APRN, CNOR, administrator of perioperative services at Lehigh Valley Hospital and Health Network, asked attendees of this session. Everyone in the room raised their hands. Straub and Alexandre Warman, MBA, CEBA, administrator of perioperative business…

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By: Tarsilla Moura
February 6, 2024
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Session: Outpatient surgery trends—What’s on the horizon?

Editor's Note Why do robotics matter? Jamie Clow, senior analyst and partner at Cleveland Research Company in Ohio, opened this session with that question, spurring an insightful deep dive into key trends in the orthopedic landscape with a focus on robotics and enabling technology. “There can be some fatigue around…

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By: Tarsilla Moura
February 6, 2024
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Keynote: Staffing models built for the future—Improving efficiencies and profitability of the surgical suite

Editor's Note The future landscape of perioperative nursing and how healthcare organizations are addressing workforce shortages—particularly through the engagement of temporary staff and travelers—make up an intricate puzzle. Karen Grimley, PhD, MBA, RN, FACHE, NEA-BC, chief nurse executive at UCLA Health, will close the OR Business Management Conference by raising…

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By: Tarsilla Moura
February 5, 2024
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Poster presentation: Large health system offers prototype for transitioning to centralized value analysis committee

Editor's Note Large healthcare systems considering a centralized Value Analysis Committee (VAC) model potentially have much to learn from a 10-hospital organization operating in the Washington, DC and Maryland region. MedStar Health System’s still-ongoing transition from multiple, facility-based improvement committees is the subject of one of the first posters to…

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By: Matt Danford
February 2, 2024
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OR Business Management Conference kicks off today

Editor's Note If you can’t join us in Phoenix for this year’s OR Business Management Conference (ORBMC), we’ve got you covered. This week, newsletter subscribers will enjoy exclusive access to coverage of select sessions from the 12th annual event, hosted today through Thursday at The Renaissance Phoenix Glendale Hotel &…

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By: Matt Danford
February 2, 2024
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Impending sale of federal helium reserve raising concerns over supply chain disruptions

Editor's Note The US government's sale of the Federal Helium Reserve, a large underground helium stockpile in Amarillo, Texas, has raised concerns about the supply of helium for critical healthcare applications, especially MRI machines, NBC News reported January 25. The Federal Helium Reserve reportedly provides up to 30% of the…

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By: Tarsilla Moura
January 31, 2024
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TPG announces investment in Compass Surgical Partners to fuel growth in ASC joint ventures

San Francisco & Raleigh, North Carolina—(BUSINESS WIRE)—TPG (NASDAQ:TPG), a leading global alternative asset management firm, today announced a significant strategic investment in Compass Surgical Partners (“Compass” or the “Company”), an independent full-service ambulatory surgery center (ASC) development and management partner. TPG Growth, the firm’s middle market and growth equity platform,…

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By: Tarsilla Moura
January 30, 2024
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