Editor's Note Data from Fitch Ratings indicates hospital wage inflation is “leveling off,” Becker’s Hospital Review reported September 9, calling the report “good news” amid continued payroll increases and labor shortages. According to Becker's, key takeaways of the data include: Year-over-year average hourly earnings growth for hospital employees dropped 3%…
Editor's Note The lowest rates in the last decade for the leading financial summit designed for business leaders in perioperative services will end September 6. The 2025 OR Business Management Conference, taking place February 10-12 at the Saddlebrook Resort in Tampa, Florida, offers attendees the opportunity to learn and network…
Editor's Note The OR Manager Conference is proud to announce it will offer a 1-day training course outlining core areas of study for the Certified Administrator Surgery Center (CASC) exam to earn the CASC credential. This training is ideal for those responsible for the operations of running an ambulatory surgery…
For many in the healthcare industry, imagining surgery without onsite sterile processing seems unthinkable. Then again, performing total joints in an ambulatory surgery center (ASC) was unthinkable 10 years ago. ASC sterile processing departments (SPDs) are generally not designed to handle the high volumes of instrument trays, vendor trays, and…
Editor's Note More than 700 rural hospitals, representing 31% of all rural hospitals in the country, are at risk of closure, according to a report from the Center for Healthcare Quality & Payment Reform. Chief Healthcare Executive reported the news August 8. According to the article, 16% of all rural…
Editor's Note A new low for median days cash-on hand could spell trouble for US nonprofit hospitals and health systems, Healthcare Dive reported August 12. “Nonprofit hospitals’ cash on hand — the funds immediately available to finance daily operations — is one indicator of financial health,” the outlet reports. “Low cash…
Editor's Note Hospital performance declined this year compared to last, with more than 60% earning three stars or less in 2024 hospital star ratings from The Centers for Medicare and Medicaid Services (CMS). “This decline might be partly due to the data covering the period from April 2019 to March…
Editor's Note The American Hospital Association (AHA) criticized new inpatient prospective payment system rates issued August 1 by the Centers for Medicare and Medicaid Services (CMS), citing the potential of financial struggles for hospitals and reduced access for patients, particularly in rural or underserved areas. Under the new rule, most…
Editor's Note Acquisition by private equity firms leaves healthcare facilities less equipped to care for patients, according to a recent study published in JAMA. NBC reported the news July 31. Conducted by researchers from the University of California at San Francisco, Harvard Medical School, and Hunter College, this nationwide study…
Editor's Note The Supreme Court’s recent “Chevron” ruling could offer additional financial security to hundreds of so-called "tweener" rural hospitals—those too large to be considered critical access hospitals but too small to be rural referral centers. Modern Healthcare reported the news July 29. According to the article, critical access hospitals,…