Editor's Note Inaccurately recording anesthesia start times is common and results in significant lost billing time for anesthesia practices and medical centers, finds a study presented January 26 at the American Society of Anesthesiologists’ ADVANCE 2023, in Orlando, Florida. The researchers, from Northwestern University McGaw Medical Center in Chicago, analyzed…

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For healthcare, and for hospitals and health systems especially, 2022 was one of the years with the worst financial performance seen in decades. Monthly reports throughout last year depicted rising costs, mostly exacerbated by the crippling staff shortages and a reliance on more expensive contract staff, and diminished profit margins.…

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Over my 40-year career—after starting at the bedside in surgical intensive care, moving to emergency medicine, and then to perioperative services—I have been fortunate to progress into executive leadership positions in academic medical center health systems and community hospitals, consult with a top global advisory firm, and now work in…

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Editor's Note Hospitals and healthcare systems across the nation continue to face the staffing challenges which emerged from the COVID-19 pandemic, reports January 9 Becker’s Hospital Review. This issue is a top priority for healthcare leaders who want to maintain adequate staffing in order to provide the best patient care.…

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Editor's Note Healthcare systems across the nation were still operating with negative margins in November of 2022, according to Kaufman Hall’s December National Hospital Flash Report, noted the American Hospital Association on January 4. The report looked at data from over 900 hospitals and noted that median operating margins for…

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Recent analysis provided by the Association of Medical Device Reprocessors (AMDR) indicates that US hospitals could save up to $2.28 billion a year by maximizing the use of reprocessed single-use medical devices. According to the report, in 2020, US hospitals saved $372 million just by reprocessing single-use medical devices, as…

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Two major challenges that perioperative leaders are facing today are labor and supply costs. These two areas also happen to be the largest and second largest expense categories at most hospitals, making the challenges even more pronounced. What actions can leaders put in place to ensure that clinical staff are…

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In 2020, the World Health Organization focused on promoting nurses to fill the anticipated need for 9 million nurses and midwives to achieve universal health coverage by 2030. The COVID-19 pandemic significantly amplified this pre-existing need. Additionally, the “Great Resignation” has impacted technology and healthcare disproportionally, and the University of…

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Many healthcare professionals are aware of single-use device reprocessing and its benefits. According to the Association of Medical Device Reprocessors, the savings generated by such programs can strengthen a facility’s financial sustainability and help provide a path for more responsible environmental stewardship. Sometimes, ambulatory surgery centers (ASCs) may experience situations…

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Editor's Note Hospitals and healthcare systems across the nation experienced their 10th consecutive month of negative profit margins, according to data Kaufman Hall released in a report on November 30, the American Hospital Association November 30 reports. The report notes that the pressures of increased expenses is a key driver…

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