OR Business
Cost data comparisons help sway surgeons to standardize supplies
As payment models move from fee-for-service to value-based care, hospitals and healthcare systems are trying to reduce spending by 20% to 30% to maintain their budgets. Supply costs are usually the second largest expense after labor, and industry analysts predict they will take the top slot by 2020. In 2013,…
Hospital accreditation options expand beyond Joint Commission
In the past, most hospitals automatically sought accreditation from the Joint Commission, but recent years have brought new players to the field, prompting hospital administrators to rethink that strategy. One relatively new player is DNV GL-Healthcare (DNV GL). Since achieving deeming authority from the Centers for Medicare & Medicaid Services…
Forging a path toward OR nursing education
There is no OR nurse university. Nurses can’t go away to college, pay tuition, and learn to be a perioperative nurse. “Faced with a staffing shortfall, how are we going to deal with this? How are they going to learn and acquire skills needed to work in the OR?” These…
Analytics: A powerful tool for OR process improvements
Analytics is a buzzword in today’s healthcare world, but behind the buzz is a very real tool. If used appropriately, analytics can help OR managers achieve improvements in stubborn problems such as turnover time. But OR leaders must first understand analytics principles before applying them in their management practice. Analytics…
Better communication and teamwork improve sterile processing efficiency
Relations between the OR and the sterile processing department (SPD) are not always smooth. OR staff need timely, accurate instrument trays that meet the highest standards of safety. Anything short of 100% performance leads to complaints about the SPD. But many OR staff members do not appreciate the challenges faced…
Research projects potential cost savings with wider use of MIS
Though minimally invasive surgery (MIS) is associated with lower postoperative complication rates, little is known about the cost savings resulting from the reduced rates. Researchers led by Martin Makary, MD, professor of surgery at Johns Hopkins University School of Medicine, Baltimore, designed a study to calculate the projected cost savings…
Master five key concepts to sharpen financial management skills
Most OR leaders are talented nurses who have risen through the ranks. They have strong clinical expertise but usually little background in financial management. And only about a third of OR directors have a business manager on staff. Recently, senior leaders at Surgical Directions discussed the question, “What financial concepts…
Best business practices shared during annual conference
Some 300 surgical services leaders from across the US gathered in Orlando in February for the OR Business Management Conference to escape from winter and absorb the collective wisdom of a stellar group of presenters and exhibitors. Presentations on Lean management, scheduling innovations, staff relationships, nurse education, and cost-saving measures—to…
Gains are worth the pain in forming comanagement agreements
The changing healthcare environment is forcing physicians and hospitals to find new ways of working together to achieve top performance. As payers move to value-based purchasing and providers raise the bar on quality, efficiency, and cost savings, a sustainable model that drives results is essential. One effective physician–hospital model built…
Streamline selection and stocking to make supplies available and affordable
There are two ways to approach supply cost reduction. One is to minimize direct supply costs by optimizing product selection, controlling utilization, reducing waste, and negotiating more favorable prices. The other is to attack indirect supply costs driven by high inventories—the excess holding and labor costs associated with excessive supply…
Free Daily News
- Study: ERAS protocol reduces opioid use after cardiac surgery
- Study: Prehabilitation reduces surgical complications, speeds recovery
- Commentary: Studies show how surgeon decisions follow the money
- Proposed HIPAA updates would improve cybersecurity, increase costs for healthcare providers
- Study: EMR data can enhance hand hygiene compliance, infection prevention
- Study: Machine learning model improves perioperative pain assessment
- Call for improved suicide risk screening in ASCs aims to strengthen safety protocols
- Study: Perioperative pregabalin reduces risk of kidney decline compared to gabapentin
- Medical school diversity declines after Supreme Court ruling
- Surgeons risk losing ground as transcatheter tricuspid valve interventions rise