Tag: Financial costs

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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Study compares robotic, laparoscopic cholecystectomy cost drivers

Editor's Note A retrospective review of 14 hospitals over 7 years found that robotic cholecystectomy costs were, on average, 2.5 times higher than laparoscopic cholecystectomy ($1,447 vs. $669 per case). Findings were published on March 19 in the journal Surgery. Disposable instrument choices also impact costs. Despite the rising adoption…

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By: Matt Danford
March 25, 2025
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Bipartisan bill would expand presidential trade authority over medical goods

Editor's Note The bipartisan Medical Supply Chain Resiliency Act would grant the president expanded authority to negotiate trade deals and modify tariffs on medical goods, according to a March 14 report from Fierce Healthcare. The bill, backed by pharmaceutical and healthcare industry groups, aims to strengthen the US medical supply…

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By: Matt Danford
March 20, 2025
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Study: CMS sepsis care protocol shows no clear mortality benefit

Editor's Note A systematic review found no strong evidence that compliance with the CMS Severe Sepsis and Septic Shock Management Bundle (SEP-1) reduces mortality, raising questions about its inclusion in hospital performance measures, according to a February 19 report from the University of Minnesota’s Center for Infectious Disease Research and…

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By: Matt Danford
March 12, 2025
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Rethinking life after 65: A three-pillar approach to retirement planning

Editor's Note With several major gatherings planned for this spring—including those from AORN, AONL, ASCA, and ASPAN—a bustling events season offers perioperative leaders valuable opportunities for reflection on our careers and futures. Speaking of futures, the 2024 OR Manager Salary/Career Survey revealed an intriguing shift: only 9% of perioperative nurses…

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By: Rosemary Welde, RN, MBA, BCC
March 5, 2025
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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?…

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By: Anne Wainscott-Sargent
March 5, 2025
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Study: Shifting imaging to outpatient centers could save billions

Editor's Note Moving radiology services from hospitals to outpatient centers could slash healthcare costs by billions annually while improving patient care, according to a March 3 Radiology Business News report on a study published in the American Journal of Roentgenology (AJR). The study found that shifting just 10% of hospital-based…

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By: Matt Danford
March 4, 2025
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Report: Health system margins shrink as hospital revenue grows

Editor's Note Operating margins for health systems declined across the US in early 2025 even as hospitals reported steady revenue growth, according to a February 27 report from Strata Decision Technology. The median operating margin for U.S. health systems dropped to 1.0% in January, down from 2.1% in December, marking…

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By: Matt Danford
March 4, 2025
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Cost-shifting concerns rise as GOP eyes Medicaid cuts

Editor's Note Large employers are warning hospitals they will not absorb higher costs if plans by Republicans and the Trump administration for deep Medicaid cuts proceed, a February 28 article in Modern Healthcare reports. The threat of reduced Medicaid funding has reignited concerns about hospitals shifting costs onto employers and…

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By: Matt Danford
March 3, 2025
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