Tag: Cost

Per-person healthcare spending grows nearly 19% in 5 years

Editor's Note Average prices for healthcare services trended upward from 2018 to 2022 despite fluctuations in utilization of service, according to the annual Health Care Cost and Utilization Report (HCCUR) from the Health Care Cost Institute (HCCI). In the same timeframe, per-person spending increased nearly 19%. "Prices, in particular, pose a…

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By: Matt Danford
May 2, 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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Private payers profit by delaying medical claims

Editor's Note Private payers initially deny reimbursement on 15% of claims, only to later approve more than half of those initial denials, according to a national survey of healthcare institutions published March 21 by Premiere, Inc. Additionally, the denied claims on average tend to be more prevalent for higher-cost treatments…

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By: Matt Danford
April 4, 2024
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Study: Postoperative hospital readmissions higher for older Americans

JAMA (healthcare publication) Network logo

Editor's Note Older Americans are at heightened risk for both short-term and long-term hospital readmission following major surgery, according to a study from Yale University published February 28 in Jama Network Open.   Readmission places a major financial strain on health systems, researchers write, pointing out that the total cost…

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By: Brita Belli
March 27, 2024
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Study: Propofol sedation increases colonoscopy costs without improving outcomes

Editor's Note Although the use of propofol for colonoscopy has been rising due to beliefs that deep sedation leads to greater patient comfort, a recent systematic review and meta-analysis of nearly 1,500 patients from nine randomized controlled trials shows this view is not supported by available evidence. Published March 8…

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By: Matt Danford
March 25, 2024
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Editorial: OR Business Management Conference tackled financial challenges, technological innovations

This past February, the OR Business Management Conference, held in Phoenix, Arizona, brought together business managers of all walks of life. The intimate event was once again a symbiotic blend between financial- and business-centric education and high-quality networking. The education offered for seasoned and new business leaders alike, perhaps more…

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By: Tarsilla Moura
March 22, 2024
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Survey reveals broad impact of Change Healthcare cyberattack

Editor's Note The recent cyberattack on Change Healthcare created a financial impact for the lion’s share of US hospitals surveyed recently by the American Hospital Association, with more than half reporting “significant or serious” impact and three of every four also reporting direct impacts on patient care. These data reflect…

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By: Matt Danford
March 18, 2024
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Federal probe investigates care quality impact of private equity mergers, acquisitions

Editor's Note Making good on plans announced by the Biden administration in December, federal agencies have launched a public inquiry into how private equity mergers and acquisitions impact patient outcomes, worker safety, and healthcare access and costs, including costs to taxpayers.  As reported by Dotmed Healthcare Business News on March…

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By: Matt Danford
March 14, 2024
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Rise of unnecessary spinal fusion surgeries concerns surgeons

Editor's Note Spine surgeons are sounding the alarm about high numbers of unnecessary fusion surgeries, according to a March 5 report in Becker’s Spine Review. Unnecessary surgeries refer to any surgical intervention that is not needed or in the patient’s best interest. A recent report from Forbes finds that 50%…

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By: Brita Belli
March 8, 2024
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Alabama immunity legislation shields IVF patients, providers

Editor's Note A new Alabama law provides civil and criminal immunity for providers and patients of in vitro fertilization (IVF) services, the Associated Press reported March 7. Last month, the Alabama Supreme Court effectively ruled that frozen embryos are people with a constitutional right to life, casting doubt on the…

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By: Matt Danford
March 7, 2024
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