Editor's Note Restructuring inventory management has slashed costs and enhanced efficiency at Massachusetts General Hospital (MGH), presenters revealed at the OR Business Management Conference, touting an initial savings estimate of $200 million. Presented by Paul Flaherty, CRCST, Senior Manager Customer Service, Joshua Gomez, MPH, Business Operations Manager, and Steve Spring,…
Editor's Note In this panel at the 2025 OR Business Management Conference, led by Bob Winandy, MSN, MBA, RN, CEO of Brightside Surgical; Janet Carlson, MSN, BSN, RN, NE-BC, FACHE, executive director of ASCs at Commonwealth Pain & Spine; and Geri Eaves, BSN, RN, CASC, CNOR, CEO and administrator, The…
Editor's Note Although the central tenets of value-based healthcare have not changed, in many cases implementation has been reduced to little more than reducing costs, to the detriment of clinicians and patients. In a session at the 2025 OR Business Management Conference in February, economist Susanna Gallani, PhD, examined this…
Editor's Note Asking questions at a business conference can go farther than one might think. Consider the new Foundational Leadership Practicum Certificate of Mastery (FLP-COM), created by CCI - Competency & Credentialing Institute in response to repeated questions about leadership certifications without formal mentoring or training in nursing. “We were…
Editor's Note If you can’t join us in Tampa for this year’s OR Business Management Conference (ORBMC), we’ve got you covered. This week, newsletter subscribers will enjoy exclusive access to coverage of select sessions from the 13th annual event, hosted today through Wednesday at the Saddlebrook resort in Tampa, Florida.…
Editor's Note Moody’s Ratings has shifted the health insurance industry’s credit outlook from stable to negative, according to a February 3 article in Fierce Healthcare. According to the article, the downgrade is due to escalating medical costs that outpace reimbursement rates. Analysts project an 8% rise in commercial market spending…
Editor's Note A January 31 statement from the American Medical Association (AMA) announces the organization’s support for bipartisan legislation aiming to reverse steep Medicare reimbursement reductions threatening physician practices and patient care access. Introduced by a coalition of 10 House members, the "Medicare Patient Access and Practice Stabilization Act" would…
Editor's Note As part of a larger initiative to ease access to care, insurance giant Cigna is tying compensation for senior leadership directly to customer satisfaction. Modern Healthcare reported the news February 3. The shift is part of a multi-pronged approach that also includes overhauling prior authorization requirements and limiting…
Editor's Note Health systems across the US are making major investments in ambulatory care, responding to increasing patient demand for lower-cost, community-based healthcare, Modern Healthcare February 4 reports. From debt financing to philanthropic campaigns, hospitals are leveraging diverse funding strategies and shifting capital investments to build and expand outpatient facilities.…
It is with great pleasure that we welcome you to the 2025 OR Business Management Conference, taking place from February 10 to 12 at the Saddlebrook Resort in Tampa, Florida. We hope you will make the most of this premier event, which is dedicated to equipping perioperative business leaders with…