Tag: Budget

Hospital margins, ED visits up, length of stay down in April, Kaufman report reveals

Editor's Note The median hospital margin of 3.8% for April is an improvement over the previous month and year-over-year, according to the latest National Hospital Flash Report from Kaufman Hall. Compiled by Kaufman and Syntellis Performance Solutions (now part of Strata), the monthly report analyzes 3 years’ worth of both…

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By: Matt Danford
June 4, 2024
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Editorial: Nurse leaders, vendors must collaborate effectively

Is working with a healthcare vendor a necessary evil? For leaders in the perioperative space, where vendors abound, it may be tempting to answer “yes.” The relationship between vendors and nurse leaders is a delicate balance between give and take, but sometimes the take seems to outweigh the give. Nonetheless,…

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By: Jane E. Kuhn, RN, MSN, CNOR(e), NEA-BC (Retired)
May 24, 2024
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Built to grow: Key elements of planning a new ASC

Are you part of the ambulatory surgery center (ASC) construction boom? If so, you’re not alone. Approximately 116 new facilities opened in 2023, according to Becker’s ASC Review, and more are planned for and underway in 2024. This trend shows no signs of slowing. Fortune Business Insights projects the US…

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By: Brendan Dooley
May 24, 2024
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Hospitals boost cybersecurity budgets, staff

Editor's Note Hospital head counts and budgets reflect a growing emphasis on cybersecurity, according to a recent Moody’s Investment Service report. As detailed in an April 25 report in Becker’s Health IT, the Moody’s report is based on data from 148 healthcare organizations, 77% of which are hospitals. Cybersecurity team…

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By: Matt Danford
May 1, 2024
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Share your expertise! Topics, speakers sought for 2025 ORBMC

Editor's Note If you’d like the opportunity to share process improvement initiatives, best practices, or in-depth case studies of what perioperative success looks like, now’s the time to start planning. The program committee for the OR Business Management Conference is now accepting abstract proposals for presentations at the 2025 event,…

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By: Kaitlin Sennello
April 22, 2024
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ASC staffing woes persist in era of increased surgical volume

Data and surveys

The past 10 years of data from the OR Manager Salary/Career Survey reflects many challenges in the healthcare environment, particularly those associated with the COVID-19 pandemic. ASC leader respondents report that staffing difficulties have become particularly challenging. For example, only 15% of respondents to the 2014 survey reported increased RN…

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By: Cynthia Saver, MS, RN
April 19, 2024
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Decade of salary data shows mix of small gains, stagnation for OR leaders

Data and surveys

Takeaways OR leaders have experienced financial gains over the past 9 years, but not enough to keep up with inflation in recent years. Capital and operating budget responsibilities have increased over the past 6 years. Since 2015, OR leaders have consistently been most satisfied with their current job, but much…

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By: Cynthia Saver, MS, RN
March 22, 2024
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Safe postop patient recovery: A day in the PACU leader role

Critical assessment and rapid response are essentials skills for perioperative staff members, and that goes double for perioperative leadership. Patient-centered leadership is a must. Like the OR, the postanesthesia care unit (PACU, formerly referred to as the “recovery room”) is a critical care area plagued by an influx of new…

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By: Tarsilla Moura
March 22, 2024
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A look back: The business manager role in a changing healthcare environment

Data and surveys

Takeaways • Perioperative business managers can make significant contributions to a hospital’s financial health, but more than half of hospitals do not have this role. • Business managers’ earnings have increased in the past 5 years, while the number of direct reports has risen slightly. • The bachelor’s degree has…

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By: Cynthia Saver, MS, RN
January 23, 2024
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Senate appoints oncologist, cancer researcher as NIH director

Editor's Note The US Senate has appointed Monica Bertagnolli, MD, as the new director of the National Institutes of Health (NIH), the agency’s first permanent leader in nearly 2 years and the second woman to hold the post. She is expected to face significant scrutiny from lawmakers, Chief Healthcare Executive…

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By: Brita Belli
November 17, 2023
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