Costs & Cost Controls

Latest Issue of OR Manager
November 2024
Home OR Business > Costs & Cost Controls

Hospitals report robust margins, caution about potential near-term disruption

Editor's Note Data collected from more than 1,300 hospitals nationwide for Kaufman Hall’s National Hospital Flash Report shows strong margins—averaging 3.9% in February—but does not account for significant, near-term headwinds, according to a March 28 article from HealthLeaders. Revenue growth is primarily from outpatient care, and inpatient revenue continues to…

Read More

By: Matt Danford
April 1, 2024
Share

Study: Postoperative hospital readmissions higher for older Americans

JAMA (healthcare publication) Network logo

Editor's Note Older Americans are at heightened risk for both short-term and long-term hospital readmission following major surgery, according to a study from Yale University published February 28 in Jama Network Open.   Readmission places a major financial strain on health systems, researchers write, pointing out that the total cost…

Read More

By: Brita Belli
March 27, 2024
Share

Most physicians negatively view private equity ownership of healthcare practices

Editor's Note According to a March 11 research letter published by JAMA Internal Medicine, most physicians have a negative view of private equity’s growing involvement in healthcare. The findings mostly come from a January 2023 survey of 525 medical doctors conducted by the American College of Physicians (ACP). Some highlights…

Read More

By: Brita Belli
March 26, 2024
Share

Study: Propofol sedation increases colonoscopy costs without improving outcomes

Editor's Note Although the use of propofol for colonoscopy has been rising due to beliefs that deep sedation leads to greater patient comfort, a recent systematic review and meta-analysis of nearly 1,500 patients from nine randomized controlled trials shows this view is not supported by available evidence. Published March 8…

Read More

By: Matt Danford
March 25, 2024
Share

Sponsored Message

Decade of salary data shows mix of small gains, stagnation for OR leaders

Data and surveys

Takeaways OR leaders have experienced financial gains over the past 9 years, but not enough to keep up with inflation in recent years. Capital and operating budget responsibilities have increased over the past 6 years. Since 2015, OR leaders have consistently been most satisfied with their current job, but much…

Read More

By: Cynthia Saver, MS, RN
March 22, 2024
Share

How data puts the ‘value’ in value-based care

What if a surgeon decided to perform a procedure on a patient that was not totally necessary? It happens more often that one might realize. As recently as August 2023, Forbes published an article that cited a Harvard Business Review report stating that over 50% of lumbar spine surgeries are…

Read More

By: David Cotriss
March 22, 2024
Share

Sponsored Message

AI’s pivotal role in transforming OR efficiency, now and in the future

Next-Gen Disruptors: Technologies Transforming the OR Installment #1, presented by LeanTaaS Surgical procedures are necessary steps in patient journeys—no one wants to have surgery, but most people will need it at some point for care continuity and better quality of life. To best support positive outcomes, optimal recovery periods, and…

Read More

By: Elizabeth Stocum, BS, RN
March 22, 2024
Share

Editorial: OR Business Management Conference tackled financial challenges, technological innovations

This past February, the OR Business Management Conference, held in Phoenix, Arizona, brought together business managers of all walks of life. The intimate event was once again a symbiotic blend between financial- and business-centric education and high-quality networking. The education offered for seasoned and new business leaders alike, perhaps more…

Read More

By: Tarsilla Moura
March 22, 2024
Share

Medicare households have double the healthcare spending burden

Editor's Note The healthcare spending burden of Medicare households was double that of non-Medicare households in 2022, according to an analysis published by KFF (Kaiser Family Foundation) on March 14.  Using data from the Consumer Expenditure Survey, KFF found that average health-related expenses made up 13.6% of Medicare households’ total…

Read More

By: Brita Belli
March 19, 2024
Share

Survey reveals broad impact of Change Healthcare cyberattack

Editor's Note The recent cyberattack on Change Healthcare created a financial impact for the lion’s share of US hospitals surveyed recently by the American Hospital Association, with more than half reporting “significant or serious” impact and three of every four also reporting direct impacts on patient care. These data reflect…

Read More

By: Matt Danford
March 18, 2024
Share

Join our community

Learn More
Video Spotlight
Live chat by BoldChat