Editor's Note Amid a decline in the financial performance of academic medical centers (AMCs), McKinsey surveyed 100 of these institutions about what actions they are taking to improve, according to an April 12 report in Becker’s Hospital Review. According to the Becker’s article, the top 10 “operational levers” indicated by…
Editor's Note The collapse of Baltimore’s Francis Scott Key Bridge last Tuesday morning could impact the shipment of medical supplies, according to healthcare leaders quoted in a March 17 report in Chief Healthcare Executive. “Currently, any healthcare provider using a distributor in the area will likely face some impact, including…
What if a surgeon decided to perform a procedure on a patient that was not totally necessary? It happens more often that one might realize. As recently as August 2023, Forbes published an article that cited a Harvard Business Review report stating that over 50% of lumbar spine surgeries are…
Healthcare systems worldwide, regardless of their size or market, are facing the same challenge: how to meet the growing demand for qualified staff without straining hospital budgets. According to a report by the American Hospital Association, health systems are experiencing a significant workforce turnover that began in 2016. On average,…
Editor's Note Kaiser Permanente union workers have agreed to a new 4-year contract that includes 21% raises along with new minimum wages and provisions to improve staffing shortages, Chief Healthcare Executive November 10 reports. In October of this year, more than 75,000 Kaiser Permanente healthcare workers, including nurses and technicians,…
Navigating contracts with anesthesia when anesthesiology services are suffering from workforce shortages and high costs is often tricky and complex. The biggest mistake ambulatory surgery centers (ASCs) make is that they do not know what they want when entering a contract negotiation with an anesthesia provider. As a result, ASCs…
David Shapiro, MD, who is a risk manager/medical director at several ambulatory surgery centers (ASCs) near Tallahassee, Florida, has seen his fair share of contracts with anesthesia services. Navigating these types of contracts at a time when anesthesiology is suffering from a workforce shortage and high costs for services is…