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January 2025
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Healthcare adds 37,000 jobs in January

Editor's Note The Bureau of Labor Statistics reported February 5 that healthcare businesses added about 37,000 jobs in January, nearly a fourth of the overall 151,000 jobs added. The highest gains came from hospitals, which added 23,700 jobs, followed by ambulatory centers, which added 10,700 jobs. Healthcare has added 470,000…

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By: Judy Mathias
February 9, 2016
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Patient cost-sharing, insurance plans linked to postop readmissions

Editor's Note Increased patient cost-sharing among privately insured, nonelderly patients was associated with lower odds of readmission after abdominal surgery in this study. A $1,284 increase in patient out-of-pocket payments during admission for surgery was associated with a 19% decrease in the odds of 7-day readmission and a 17% decrease…

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By: Judy Mathias
February 8, 2016
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Prevalence of total joint replacement in the US

Editor's Note About 7 million Americans are living with a total hip or knee replacement, including 620,000 who have had both, this study finds. In 2010, the prevalence of total hip and total knee replacement was 0.83% and 1.52%, respectively. Prevalence was higher in women and increased with age, reaching…

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By: Judy Mathias
February 5, 2016
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Preanesthesia testing area well positioned to prepare patients for surgery

Is your preanesthesia testing area providing measurable value, and is it positioned to drive surgery toward a new paradigm of care? As government payers shift toward value-based care with the required bundled payment for total joints starting in 800 hospitals and 75 markets (as part of the Comprehensive Care for…

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By: OR Manager
January 20, 2016
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Reliability of cost profiles for surgery based on Medicare data

Editor's Note Medicare data on payments for inpatient surgery are a reliable measure of hospital costs for commonly performed procedures, but are less reliable for lower volume procedures, this study finds. With increased emphasis on shifting risk from payers to providers through bundled payments and accountable care organizations, hospitals are…

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By: Judy Mathias
January 14, 2016
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Study: Implementation costs of ERAS program

Editor's Note Enhanced recovery after surgery (ERAS) programs have led to reduction in length of stay and improved outcomes. This study finds that investment in an ERAS program also leads to financial savings. Despite positive results from international ERAS programs, the US has been slow to adopt such programs, in…

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By: Judy Mathias
January 8, 2016
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Bill allowing MU Stage 2 hardship exemptions signed into law

Editor's Note A bill designed to make it easier for healthcare providers to receive hardship exemption from financial penalties for failing to meet Stage 2 meaningful use (MU) electronic health record (EHR) requirements was signed into law on December 28, 2015, the January 4, 2016, iHealthBeat reports. The bill ensures…

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By: Judy Mathias
January 5, 2016
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Fine print in supply contracts often holds keys to cost savings

When it comes to buying medical-surgical supplies, quality, safety, and physician comfort are foremost—but that doesn’t mean price is no object. Even though ambulatory surgery center (ASC) staff often lack materials management expertise, they can achieve cost savings in several ways, especially if they brush up on terms used in…

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By: Paula DeJohn
December 16, 2015
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Survey on transition to ICD-10 finds successes, challenges

Editor's Note A survey of 298 attendees at a November 9 KPMG webinar on the transition to ICD-10 gleaned the following responses: 28% said the transition had been smooth 51% found “a few technical issues but overall successful” 11% described the transition as a “failure to operate in an ICD-10…

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By: Judy Mathias
December 7, 2015
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ECRI Institute projects $80 billion spend on new drugs, devices

Editor's Note Annual spending on a group of new drug and device therapies may exceed $80 billion if they all make it to market, according to a new report by ECRI Institute. ECRI Institute analyzed the costs of 47 of 700 healthcare interventions with the potential for high impact that…

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By: Judy Mathias
December 3, 2015
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