Tag: business

Save the Date for OR Business Management Conference 2025

Editor's Note After three days of education and networking last week at the 2024 OR Business Management Conference (ORMBC) last week, we’ve already got our sights set on next year. Mark your calendar for February 9-12, 2025, for another chance to hone in on OR profitability at the 13th iteration…

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By: Matt Danford
February 9, 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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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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Blast from the past: 10 steps to building a business case for new technology

A previous issue of OR Manager included the article, "Building a business case for new technology," which featured tips from leaders at the University of Pittsburgh Medical Center on the importance of building a thorough business case for implementing new technology in the OR. With the next OR Business Management…

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By: Tarsilla Moura
October 4, 2023
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Reduce wasted cost amid supply chain challenges

Editor's Note As supply chain challenges remain a top concern for health leaders in 2023, ECRI Institute shared three strategies to reduce wasted cost and maximize savings on February 28. Identify substitute products. Consider lower cost, functionally equivalent products and alternative suppliers. Work towards supply chain standardization. Access utilization. Review…

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By: Lindsay Botts
March 1, 2023
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Adding new business to the ASC, one procedure at a time—Part 3

Total joint procedures are gradually moving to ambulatory surgery centers (ASCs) as technology, medical expertise, and cost pressures combine to make the ASC an increasingly attractive alternative to an acute care hospital. The key to success for these and other complex procedures, experts say, is a combination of careful planning,…

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By: Paula DeJohn
March 16, 2017
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Adding new business to the ASC, one procedure at a time—Part 2

Aging and active Americans are refusing to let back problems slow them down—the number of these patients is increasing, and they prefer the less invasive outpatient methods offered in ambulatory surgery centers (ASCs). So do their physicians. As a result, ASCs seeking to adopt new procedures are looking more closely…

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By: Paula DeJohn
February 17, 2017
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Adding new business to the ASC, one procedure at a time—Part 1

An ambulatory surgery center (ASC) looking to expand its market may want to add new procedures, but only after careful consideration of resource investment versus ultimate benefit. In the first of a three-part series, OR Manager explores surgical specialties that appear to show promise for the outpatient setting. One of…

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By: Paula DeJohn
January 18, 2017
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