Editor's Note The ECRI Institute on April 23 announced the winners of its seventh annual Healthcare Supply Chain Achievement Award, which recognizes hospitals and healthcare systems for their comprehensive and effective use of ECRI Institute’s PriceGuide™ and SELECTplus® supply and capital procurement advisory programs. Eleven winners were selected from nearly…

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Editor's Note A Coherent Market Insights report predicts the global market for spinal fusion devices is set to grow at a 4.6% compound annual growth rate through 2025, after hitting $7.5 billion in 2016, according to the April 17 Becker’s Spine Review. The increasing incidence of spinal deformities will boost…

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Editor's Note Increased revenues had a greater impact than decreased costs in hospitals that became more profitable between 2003 and 2013, finds this Agency for Healthcare Research and Quality (AHRQ) study published February 14 online ahead of print in the Journal of General Internal Medicine. In this analysis of 2,824…

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Editor's note The ECRI Institute on April 2 issued a free white paper on “5 Ways to Drive Savings and Quality on Your Purchased Services.” The 5 key areas to consider when developing a best practice process to evaluate purchased services, reduce spending, and make informed vendor selections are: Making…

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Editor's Note Transparency Market Research predicts the global spinal fusion devices market will reach more than $10.97 billion by 2025, with a compound annual growth rate of 4.65%, the March 19 Becker’s Spine Review reports. Growth will be driven by the aging US population that is susceptible to degenerative spine…

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San Antonio, Texas, played host to the 2018 OR Business Management Conference (ORBMC), attended by more than 400 surgical services leaders, business managers, and industry leaders from across the US. Attendees chose from a menu of topics—including strategies to increase case volume, efficiency, and data transparency, right-size the OR, and…

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The rapid growth in outpatient procedures presents exciting opportunities for leaders at ambulatory surgery centers (ASCs), but also the challenge of accommodating a higher volume and more specialties without sacrificing efficiency and patient safety. That’s why it’s important not to lose sight of the fundamentals in managing an ASC, whether…

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Editor's Note A Technavio analysis predicts that the global market for thoracolumbar spine devices will see a compound annual growth rate of almost 4% through 2022, the March 1 Becker’s SpineReview reports. A major driver of the growth is the increasing prevalence of spinal disorders. The market was dominated in…

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Editor's Note A GlobalData analysis predicts the global orthopedics market will reach $66.2 billion by 2023, with a compound annual growth rate of 3.8%, the March 2 Becker’s SpineReview reports. Among the key players in the market, which is dominated by spine devices, hip and knee implants, and trauma fixation…

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Editor's Note In this study led by Martin A. Makary, MD, MPH, professor of surgery at the Johns Hopkins University School of Medicine, minimally invasive surgery (MIS) was associated with better outcomes than open procedures in the Medicare population. Of 233,984 Medicare patients who had one of seven common surgical…

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