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January 2025
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The toll of excess inventory and the role of ecommerce

I still recall being handed roughly 10 boxes of suture anchors to practice with years ago at New York University (NYU) medical school. “Aren’t these needed here?” I asked incredulously. “Not at all,” came the answer, despite a hefty price tag of $1,000 per box. In fact, getting the suture…

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By: Andrew Dold, MD
July 31, 2024
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ASC management is a skill: A day in the administrator role

The administrator of an ambulatory surgery center (ASC) wears many hats, doing every odd job in the book to keep their free-standing center safe, compliant, and operational. But what does “wearing many hats” mean exactly? OR Manager spoke with Nyleen Flores, CPMSM, CPCS, CPCO, CASC, chief administrative officer at Lake…

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By: Tarsilla Moura
July 31, 2024
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The US News journey to introduce a new ‘best’ ASCs ranking

Some 800,000 knee replacements and 550,000 hip replacements are performed in the US each year. Factoring in the ever-expanding aging population, projections show the figure for knee replacements alone will explode to 3.5 million procedures being done annually by 2030—and that is just one type of procedure within a single…

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By: Tarsilla Moura
July 31, 2024
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Smart knee’s advance heralds future of proactive postop care

Takeaways Transmitting health metrics directly from a surgical implant reduces the need for in-person followup and offers more objective data on recovery than patient-reported measures. This technology’s potential extends beyond knees. Whatever the nature of the treatment, postop monitoring is critical. Patient education is essential for setting up the data…

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By: Matt Danford
July 31, 2024
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In-house 3D printing reduces hospital surgery times, costs

Editor's Note The medical 3D printing market is expected to double from $2 billion in 2022 to $4 billion by 2026, driven by customization, lower costs, and quick turnarounds, according to analysis from GlobalData. In a July 24 report on the analysis, Medical Device Network outlined this growth as well…

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By: Matt Danford
July 26, 2024
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North Korean hackers extort hospitals to fund attacks on US government

Editor's Note North Korean hackers targeted U.S. hospitals and healthcare systems with ransomware to fund a covert information exfiltration campaign against American military and scientific entities, according to a July 25 report from CBS News. The first attack was a May 2021 ransomware infiltration of a hospital in Kansas. The…

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By: Matt Danford
July 26, 2024
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Rural hospitals shutter labor, delivery units

Editor's Note Rural hospitals throughout the country are struggling to maintain labor and delivery units amid dwindling numbers of births, KFF Health News reported July 15, noting that more than half lack these services entirely. Nationwide, annual births have fallen from 4.3 million in 1957 to below 3.7 million by…

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By: Matt Danford
July 25, 2024
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HCA reports strong Q2 performance, sees decline in labor costs

Editor's Note HCA Healthcare reported nearly $1.5 billion in net income for the second quarter (Q2), exceeding expectations, Modern Healthcare July 23 reports. The Nashville-based system attributed part of this success to a significant reduction in contract labor costs, which dropped by more than 25% compared to Q2 2023. This…

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By: Tarsilla Moura
July 24, 2024
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One expert concerned over drug shortages record high

Editor's Note Erin Fox, senior pharmacy director at University of Utah Health who has been monitoring drug shortages for over 20 years, spoke to AP News in June of her concerns. Currently, the situation is worse than ever, with total active shortages hitting an all-time high of 323 (with 48…

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By: Tarsilla Moura
July 24, 2024
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Trends in ASC industry as highlighted by one expert

Editor's Note As outpatient surgery continues to gain popularity and the need to cut costs persists, Becker’s ASC Review sat down with Jim Freund, managing partner for Physician Transaction Advisors, to discuss the below three key trends in the ambulatory surgery center (ASC) industry, per Becker’s July 18 article. Number…

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By: Tarsilla Moura
July 24, 2024
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