Editor's Note In this session focused on the roles and responsibilities of a business manager in the perioperative environment, Blas Brown, Jr, MBA, business director of perioperative services at MedStar Washington Hospital Center, emphasized the importance of technical and interpersonal skills. Specifically, he said, being business savvy is key to…

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Editor's Note Base salaries for healthcare executives rose by a median of 4.6%, according to the 2024 Health Care Management and Executive Compensation Survey from consulting firm SullivanCotter. Published October 17 on Business Wire, the survey includes data from nearly 3,300 organizations and 45,000 leaders. According to an October 17…

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Editor's Note AI and machine learning (ML) models show significant promise in enhancing preoperative estimates of surgical control time (SCT), which are frequently wrong, according to a study published September 10 in Perioperative Care and Operating Room Management. The longitudinal study examined differences between predicted and actual SCTs, broken down…

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Editor's Note A total of 27 announced deals for Q3 marks the highest point yet this year for hospital and health system transactions, DOTMed reported October 8, citing data from Kaufman Hall. “The increase aligns with pre-pandemic transaction levels, driven significantly by the bankruptcy of Steward Health Care, which accounted…

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Editor's Note Healthcare employment in the US rose by 45,000 from September to October, according to the latest report from the Bureau of Labor Statistics (BLS), released October 4. That is compared to an overall monthly gain of 254,000 in August and below  the average monthly gain of 57,000 over…

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Editor's Note Four consecutive months of reduced health system margins have resulted in significant layoffs and restructuring in top leadership, Becker’s Hospital Review reported September 30. According to the article, which cites Strata Decision Technology's August Healthcare Industry Financial Benchmarks report, average health system margins fell to 1.9% in August,…

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Editor's Note Data from Fitch Ratings indicates hospital wage inflation is “leveling off,” Becker’s Hospital Review reported September 9, calling the report “good news” amid continued payroll increases and labor shortages. According to Becker's, key takeaways of the data include: Year-over-year average hourly earnings growth for hospital employees dropped 3%…

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Editor's Note Healthcare employment in the US rose by 31,000 from August to September, according to the latest report from the Bureau of Labor Statistics (BLS), released September 6. That is compared to an overall monthly gain of 142,000 in August. Healthcare employment also trended up in ambulatory healthcare services,…

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For many in the healthcare industry, imagining surgery without onsite sterile processing seems unthinkable. Then again, performing total joints in an ambulatory surgery center (ASC) was unthinkable 10 years ago. ASC sterile processing departments (SPDs) are generally not designed to handle the high volumes of instrument trays, vendor trays, and…

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Editor's Note A shuttered bariatric surgery center in Oklahoma last month is just one example of how the rise of Glucagon-like peptide-1 (GLP-1) agonists are reshaping health systems’ investments, Axios reported August 13. Rather than “massive hospital towers with cardiology clinics, dialysis beds and joint replacement centers,” the focus is…

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