Editor's Note In less than 3 months, healthcare providers will switch from ICD-9 to ICD-10 coding for medical diagnoses and inpatient hospital procedures. To help providers get ready for the October 1 deadline, the Centers for Medicare & Medicaid Services is releasing additional guidance that will allow for flexibility in…
Editor's Note Aetna Inc has agreed to buy rival health insurer Humana Inc for $37 billion in cash and stock, creating the second-largest provider of health insurance in the US. The Affordable Care Act has spurred mergers by introducing rules that push insurers to look for savings. Humana’s 3.2 million Medicare…
Editor's Note The American College of Surgeons has launched a new web tool to help surgeons navigate and succeed in Medicare’s mandatory quality programs: Physician Quality Reporting System, Electronic Health Record-Meaningful Use, and Value-Based Modifier. Surgeons who do not successfully participate in these programs in 2015 could face up to…
Our Take The University of Cincinnati Medical Center invested $6 million to upgrade an OR into a hybrid OR for heart and vascular procedures. The cost was about three times the cost of a non-hybrid OR. The 854 sq ft room includes $2.6 million in equipment and advanced medical imaging devices.…
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,…
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…
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 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…
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…
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…