Tag: Purchasing

OR business leaders anticipate growth and opportunities in 2020

Planning for volume growth and adopting best business practices for the perioperative environment were overarching themes at the 2020 OR Business Management Conference (ORBMC) in late January. Leading healthcare industry clinicians and experts offered fresh insights into competing in the burgeoning outpatient surgery market and persuading stakeholders to switch to…

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By: Elizabeth Wood
March 16, 2020
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Competition engages staff in cost savings and standardization

More than half of respondents to a recent OR Manager reader survey put cost-saving initiatives at the top of their list of important topics, and cost reduction is an ongoing challenge for many OR managers. Leaders at Lehigh Valley Health Network (LVH), based in Allentown, Pennsylvania, took a creative approach…

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By: Cynthia Saver, MS, RN
March 16, 2020
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Nuts and bolts of new technology acquisition--Part 2

Technology acquisitions require OR leaders to weigh the competing demands of stakeholders—including physicians, nursing staff, the finance department, and patients—and to make sure they address those demands when justifying a new purchase. “New technology can be what’s needed to keep competitive in the current environment,” says Beth Bozzelli, MBA, RN,…

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By: Cynthia Saver, MS, RN
February 21, 2020
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Coronavirus could disrupt healthcare supply chain

Editor's Note The US healthcare industry should prepare for a disruption in the supply chain for disposable medical-surgical devices and high-tech therapeutic and diagnostic products from China amid the coronavirus outbreak, the January 31 Modern Healthcare reports. Data show that devices and diagnostic products from China account for about 3%…

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By: Judy Mathias
February 4, 2020
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Nuts and bolts of new technology acquisition--Part 1

Surgeons often are eager to acquire the newest technology, particularly right after attending a conference with a vendor-packed exhibit hall. How can OR leaders weigh surgeon demands with organizational cost constraints to ensure they meet patient needs while being fiscally responsible? The first step is to acknowledge the complexity of…

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By: Cynthia Saver, MS, RN
January 13, 2020
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Editorial

Nonprofit hospitals and health systems got a vote of confidence in December 2019 when Moody’s Investors Service revised its 2020 outlook from negative to stable. The report projected an increase in operating cash flows by 2% to 3%. Moody’s says increased reimbursements and higher patient volumes will boost revenue. But…

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By: Elizabeth Wood
January 13, 2020
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Boston Scientific receives FDA clearance for single-use duodenoscope

Editor's Note Boston Scientific announced December 13 that it had received Food & Drug Administration (FDA) 510(k) clearance for the EXALT Model D Single-Use Duodenoscope for use in endoscopic retrograde cholangiopancreatography (ERCP) procedures. The EXALT Model D, which was granted Breakthrough Device Designation from the FDA, eliminates the need for…

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By: Judy Mathias
December 17, 2019
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2020 OR Business Management Conference around the corner

Anyone seeking a break from the winter weather and a stimulating educational experience will find both at the 2020 OR Business Management Conference (ORBMC), which takes place January 27-30 in Weston, Florida. The highly relevant and timely presentations, along with networking events that connect OR business professionals with colleagues and…

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By: Elizabeth Wood
November 18, 2019
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CMS proposes giving Medicare patients better access to cutting-edge devices

Editor's Note In its proposed rule, the Centers for Medicare & Medicaid Services (CMS) would give Medicare patients better access to innovative devices beginning next year, the July 30 MassDevice reports. CMS also says it might pay more for “certain transformative new devices” for inpatients, using a new technology add-on…

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By: Judy Mathias
August 1, 2019
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Facilitate and innovate: Ensuring speedy but safe product reviews

Surgeons are the biggest factor in any effort to streamline and standardize the purchase of new surgical devices—and thereby lower costs. But surgeons often balk at getting involved in product review and selection because of the additional demands on their time. Two leading healthcare organizations have moved past this stumbling…

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By: Elizabeth Wood
July 24, 2019
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