Tag: Financial costs

How dialogue, data bridge the OR-SPD information gap

In the OR, precision and focus can mean the difference between life and death. However, surgical patient outcomes hinge on more than the competence of those working in these inherently intense environments. Every procedure also depends on the laborious, behind-the-scenes efforts of the people responsible for ensuring every surgical instrument…

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By: Stephanie Reda
April 29, 2025
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Proactive strategies help healthcare supply chains withstand tariff pressures

Editor's Note Tariffs on medical equipment and supplies continue to climb—a situation that calls for action on the part of healthcare organizations, according to an April 23 article from nonprofit safety organization ECRI. The article highlights ten proactive steps organizations can take to protect both care quality and the bottom…

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By: Matt Danford
April 28, 2025
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Nurse credentialing pioneers swap exams for perioperative experiences

Becoming a perioperative nurse generally does not require certification. However, expectations can change quickly for those hoping to climb the career ladder. For some, expectations are also changing for how knowledge and skills should be assessed. Rather than taking an exam, this subset of specialty nurses earn certification by submitting…

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By: James X Stobinski and Julia Johnson
April 24, 2025
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Rethinking OR routines reduces waste, costs while protecting environment

Editor's Note For some surgeons, treating patients goes hand-in-hand with healing the environment. Consider an April 23 report in Medical Xpress. Detailing sustainability efforts at Chicago’s Rush University Medical Center by pediatric surgeon Ami Shah, MD, and her colleague Brian Gulack, MD, the article showcases how rethinking everyday surgical routines…

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By: Matt Danford
April 23, 2025
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Market volatility threatens hospitals’ liquidity as tariff-driven costs rise

Editor's Note Tariff-fueled market volatility is jeopardizing the investment returns that nonprofit hospitals rely on to bolster liquidity, manage debt, and weather ongoing operational headwinds, according to an April 16 report in Fierce Healthcare. As detailed in the article, hospitals face a dual threat: higher direct costs on supplies and…

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By: Matt Danford
April 18, 2025
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Tariffs strain supply chains, split medical manufacturing community

Editor's Note President Donald Trump’s latest round of tariffs—especially steep duties on Chinese imports—has sharply divided the medical community, with device manufacturers urging exemptions while some US-based PPE producers cheer the protectionist move. CNBC reported the news April 16. The tariff rate on China is 145%, the outlet reports, while…

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By: Matt Danford
April 17, 2025
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Health system mega-mergers fall short amid cost, quality concerns

Editor's Note Chasing size through mega-mergers no longer guarantees sustainability for health systems, according to an April 15 article in HealthLeaders. Many of the nation’s largest systems are reporting significant losses, while emerging evidence links consolidation to stagnant or declining care quality and worsening workforce challenges. The article highlights financial…

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By: Matt Danford
April 15, 2025
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Health systems boost security spending as workplace violence escalates

Editor's Note Hospitals are ramping up security in response to rising workplace violence, investing millions in weapons detection, staffing, and risk mitigation, according to an April 14 article in Modern Healthcare. Quoting executives from several large systems, the article details a shift from viewing security as a budgetary burden to…

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By: Matt Danford
April 15, 2025
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Survey: AI reduces administrative burden, improves physician outlook

Editor's Note Physicians are feeling more optimistic about their profession and are beginning to see tangible benefits from AI in reducing administrative tasks, according to the latest Physician Sentiment Survey (PSS) from athenahealth. Physicians’ day-to-day outlook has improved in recent years despite ongoing concerns about US healthcare, the organization reported…

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By: Matt Danford
April 4, 2025
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Survey: Tariffs expected to increase hospital costs, disrupt supply chains

Editor's Note Rising tariff-related costs are expected to significantly impact hospital budgets and healthcare supply chains, according to a March 27 report in Becker’s Hospital Review. The article focuses on a recent survey conducted by Black Book Market Research in January before the US enacted 25% tariffs on Canadian and…

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By: Matt Danford
March 31, 2025
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