Tag: Financial Management

CABG, TAVR drive hospital revenue despite cost variations

Editor's Note Coronary artery bypass graft (CABG) surgery and transcatheter aortic valve replacement (TAVR) generate the highest overall financial returns for US hospitals, despite not being the most profitable per procedure, according to a February 13 report in Cardiovascular Business. The article covers an analysis of Medicare data, published in…

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By: Matt Danford
February 14, 2025
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Rural hospital closures drive up surgical travel times and costs

Editor's Note Ongoing hospital closures are driving up travel times and out-of-pocket costs for rural Americans who need surgery, according to a February 12 report in HealthDay. Citing two recent studies published in Annals of Surgery and JAMA, respectively, the article details how rural hospital closures have forced more patients…

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By: Matt Danford
February 14, 2025
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Session: Crew Incentives: 3 Guiding Principles to Leverage Value Analysis Teams

Editor's Note Jasmine Hampton-Nicholson MSN, RN, CNOR, learned the value of a value analysis team (VAT) the hard way. “I thought that we had a very solid process for our value analysis team,” said the VP of perioperative services at Temple University Health System in a presentation at 2025 OR…

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By: Matt Danford
February 12, 2025
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Session: All Hands-on-Deck—How to Justify Your Staffing Needs and FTEs

Editor's Note In this comprehensive session on nurse workforce management, The Valley Hospital speakers Jacqueline Gardocki, MBA, MSN, BSN, CNOR, CASC, nurse manager Luckow Pavilion same day services & pain management, and DeAnna Kearney, BSN, RN, CAPA, manager of endoscopy, highlighted the critical role of budgeting, staff tracking, cross-training, and…

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By: Tarsilla Moura
February 11, 2025
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Opening Keynote: Charting Your Course to Success—Financial Wins through Value-Based Performance

Editor's Note Although the central tenets of value-based healthcare have not changed, in many cases implementation has been reduced to little more than reducing costs, to the detriment of clinicians and patients. In a session at the 2025 OR Business Management Conference in February, economist Susanna Gallani, PhD, examined this…

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By: Matt Danford
February 10, 2025
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Moody’s downgrades health insurance outlook as medical costs surge

Editor's Note Moody’s Ratings has shifted the health insurance industry’s credit outlook from stable to negative, according to a February 3 article in Fierce Healthcare. According to the article, the downgrade is due to escalating medical costs that outpace reimbursement rates. Analysts project an 8% rise in commercial market spending…

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By: Matt Danford
February 5, 2025
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Healing healthcare: How clinician incentives can help get from volume to value

Takeaways • Although the central tenets of value-based healthcare have not changed, in many cases implementation has been reduced to little more than reducing costs, to the detriment of clinicians and patients. • The right incentives, such as recognition and work support, can effectively inspire clinicians to deliver high value…

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By: Carina Stanton
January 31, 2025
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Solving the supply chain equation takes shared perspective, ingenuity

Takeaways • Interdepartmental collaboration and standardized communication are essential to quickly identifying and addressing supply chain challenges. • Just-in-time inventory strategies have gained traction since the pandemic. Successful strategies involve leveraging data, rethinking preference card management, and shifting to a demand-planning model. • Resiliency is essential to cope with the…

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By: Carina Stanton
January 31, 2025
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Health system leader survey respondents brace for 2025 shifts

Editor's Note Health system leaders expect to face mounting physician challenges, shifting reimbursement models, and new growth opportunities throughout this year, according to VMG Health’s Health System Leader Expectations survey. Based on responses from 73 health system leaders, the report highlights the sector’s key trends and priorities for 2025. Key…

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By: Matt Danford
January 27, 2025
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Report: Hospital credit ratings showed mixed progress in 2024

Editor's Note Hospital credit ratings in 2024 reflected mixed trends, with downgrades continuing to outpace upgrades, though at a slower rate than in 2023, according to a January 22 report from Kaufman Hall. The organization cites 5 key takeaways: Downgrades narrowed but persisted. The number of downgrades dropped to 95…

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By: Matt Danford
January 24, 2025
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