Costs & Cost Controls

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

RAND study reveals private payers pay 250% more than Medicare for healthcare services

Editor's Note A recent analysis by the RAND Corporation, a research and analysis nonprofit, revealed a disparity between hospital and ambulatory surgery center (ASC) prices paid by employers and private payers compared to Medicare prices, Revcycle Intelligence May 15 reports. The study, covering data from 2020 to 2022, showed private…

Read More

By: Tarsilla Moura
May 22, 2024
Share

Cybersecurity initiative devotes $50 million to help hospitals combat ransomware

Editor's Note A $50 million initiative to develop cybersecurity tools for hospitals aims to protect providers and patients alike from ransomware, according to a May 20 report in Becker’s Health IT. The Universal PatchinG and Remediation for Autonomous DEfense, or UPGRADE, program was launched the same day by the Advanced Research…

Read More

By: Matt Danford
May 20, 2024
Share

Carbon-conscious health systems phase out desflurane anesthesia gas to reduce emissions

Editor's Note Citing environmental concerns, multiple health systems have stopped using desflurane anesthesia gas, Becker’s Hospital Review reported on May 7. Citing the Philadelphia Inquirer, the outlet notes that Children's Hospital of Philadelphia and Marlton, N.J.-based Virtua Health are among those that have eliminated the gas so far, with the…

Read More

By: Matt Danford
May 15, 2024
Share

Interview with US News & World Report: The journey to introduce new ambulatory surgery center ranking

Healthcare continues to evolve at a fast pace with advancements in technology and treatment, which is a big reason why finding the right medical care is a daunting task. Nowadays, patients seeking healthcare services are facing several choices, each promising the best care possible. How accurate is that promise? Determining…

Read More

By: Tarsilla Moura
May 8, 2024
Share

Sponsored Message

HCA Healthcare reports solid first-quarter financials

Editor's Note Solid operating margins and an improved payer mix contributed to robust financial outcomes for HCA Healthcare in the first quarter of 2024, including “significant growth” in inpatient admissions, surgeries and emergency room visits, according to an April 29 article on Investing.com. According to the report, outpatient surgery revenue…

Read More

By: Matt Danford
May 2, 2024
Share

Per-person healthcare spending grows nearly 19% in 5 years

Editor's Note Average prices for healthcare services trended upward from 2018 to 2022 despite fluctuations in utilization of service, according to the annual Health Care Cost and Utilization Report (HCCUR) from the Health Care Cost Institute (HCCI). In the same timeframe, per-person spending increased nearly 19%. "Prices, in particular, pose a…

Read More

By: Matt Danford
May 2, 2024
Share

Sponsored Message

Surgical site infections often caused by preexisting bacteria

Editor's Note Most healthcare-associated surgical site infections are not caused by pathogens acquired in the hospital, but by previously harmless bacteria already present on patients’ skin prior to being admitted, according to a study published April 10 in Science Translational Medicine. Surgical site infections account for the highest annual costs…

Read More

By: Brita Belli
April 29, 2024
Share

Share your expertise! Topics, speakers sought for 2025 ORBMC

Editor's Note If you’d like the opportunity to share process improvement initiatives, best practices, or in-depth case studies of what perioperative success looks like, now’s the time to start planning. The program committee for the OR Business Management Conference is now accepting abstract proposals for presentations at the 2025 event,…

Read More

By: Kaitlin Sennello
April 22, 2024
Share

Penn Medicine anesthesia, waste initiatives boost OR sustainability

Editor's Note Penn Medicine has made significant strides in reducing the environmental footprint of the OR through department- and team-level initiatives, according to a March 29 report in Penn Medicine news. Driven by CIRCE: Medicine, a faculty group consisting of providers from Penn Medicine and Children’s Hospital of Philadelphia, examples…

Read More

By: Matt Danford
April 22, 2024
Share

Survey assesses continued impact of Change Healthcare cyberattack

Editor's Note Fallout from the February 21 cyberattack on Change Healthcare continues to threaten physician practices and their patients nationwide, with respondents to a recent American Medical Association (AMA) survey indicating difficulties with insurance claims and eligibility verification. AMA published the results of the informal survey April 10. Conducted March…

Read More

By: Matt Danford
April 19, 2024
Share

Join our community

Learn More
Video Spotlight
Live chat by BoldChat