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…
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…
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…
Takeaways • Interdepartmental collaboration and standardized communication are essential to quickly identifying and addressing supply chain challenges. • Just-in-time inventory strategies have gained traction since the pandemic. Successful strategies involve leveraging data, rethinking preference card management, and shifting to a demand-planning model. • Resiliency is essential to cope with the…
Ensuring safe, quality care requires precise alignment among inventory levels, delivery schedules, storage solutions, and every other element of the supply chain. A single missing piece of this puzzle—say, a delayed shipment or a storage issue—can disrupt the entire picture. Making the pieces fit can be difficult for any healthcare…
Rockville, MD – January 30, 2025 – OR Manager is proud to announce the seven educational tracks and their dedicated program leaders for the 2025 OR Manager Conference to be held October 28-30, 2025, at the Anaheim Convention Center in Anaheim, CA. These expertly curated tracks address key themes in…
Editor's Note Financial incentives can shape surgeons’ decision-making, but their effectiveness depends on the structure of the payment model. This is the central message of a January 26 article in Forbes reporting on two studies: one linking a sharp increase in hernia cases to a simple Medicare coding change, and…
Editor’s Note Healthcare systems are increasingly establishing long-term collaborations with medical technology companies with the goal of modernizing technology and streamlining operations through ongoing training and consultation services. Modern Healthcare reported the news January 24. Involving substantial financial investments, these collaborations redefine vendor relationships as more strategic and relational, the…
Editor's Note Hospital credit ratings in 2024 reflected mixed trends, with downgrades continuing to outpace upgrades, though at a slower rate than in 2023, according to a January 22 report from Kaufman Hall. The organization cites 5 key takeaways: Downgrades narrowed but persisted. The number of downgrades dropped to 95…
Editor's Note Anyone who has attended the annual OR Business Management Conference understands the value of an intimate event focused exclusively on OR efficiency and profitability. However, even regular attendees are likely to find something new this at year’s conference, which is scheduled for February 10-12, 2025, at the Saddlebrook…