Capital funding crunch spurs creative hospital financing
Health systems are fundamentally capital intensive. They are regulated; depend on highly educated, high-cost employees; and operate under complex reimbursement structures. Investing in new technologies and infrastructure upgrades is imperative to keeping up with the latest medical advances. But what happens when capital funds are insufficient or no longer available?…
Session: Alternative options to funding—Doing more with less
Editor's Note In this OR Manager Conference session focusing on alternative funding options for capital acquisition and related consumables, Steve Spring, BA, executive finance director at Massachusetts General Hospital, outlined various strategies and considerations for managing high-value capital equipment purchases. A core challenge discussed was balancing surgeon demands for advanced…
Countdown to OR Manager Conference: Key strategies for success adding complex spine procedures to ASCs
Editor's Note At last year’s OR Manager Conference, healthcare leader Karen Reiter, RN, CNOR, RNFA, CASC, shared her expertise on integrating complex spine procedures into ambulatory surgery centers (ASCs). As the former administrator at DISC Surgery Center at Newport Beach and vice president of operations and payer management at TriasMD,…
Ambulatory endoscopy management strategies keep patients, finances healthy
Gastrointestinal (GI) endoscopy is one of the most common procedures in the US. Performed more than 17.1 million times per year in inpatient and outpatient hospital settings as well as ambulatory surgery centers (ASCs), GI procedures account for 68% of all endoscopies, according to a May 2022 article in Digestive…
The Joint Commission announces hospital program revisions to align with CAH changes and CMS CoPs
Editor's Note The Joint Commission, on August 22, announced changes to its hospital accreditation program to better align with critical access hospital (CAH) program changes and Centers for Medicare and Medicaid Services (CMS) Conditions of Participation (CoPs), effective January 1, 2024. The changes include: New Elements of Performance on compliance…
Assessing options for post-warranty equipment maintenance
When making decisions about technology and equipment, there is a tendency to focus on immediate productivity increases—or perhaps, practical aspects such as carrying out an implementation or training staff. But here is another major issue: how to maintain OR equipment once the warranty runs out. This is more complex than…
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