Session: Ace in the workplace—The business savvy new manager
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…
Survey: Pay increases continue for healthcare executives
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…
Health systems face declining margins, cut leadership amid rising costs
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,…
Share your expertise! Topics, speakers sought for 2025 ORBMC
Editor's Note If you’d like the opportunity to share process improvement initiatives, best practices, or in-depth case studies of what perioperative success looks like, now’s the time to start planning. The program committee for the OR Business Management Conference is now accepting abstract proposals for presentations at the 2025 event,…
Editorial: OR Business Management Conference tackled financial challenges, technological innovations
This past February, the OR Business Management Conference, held in Phoenix, Arizona, brought together business managers of all walks of life. The intimate event was once again a symbiotic blend between financial- and business-centric education and high-quality networking. The education offered for seasoned and new business leaders alike, perhaps more…
Shift to outpatient, emergency services keeps rural hospitals afloat
Editor's Note More CEOs are considering rural emergency hospital (REH) designation, according to a February 12 article in Becker’s Hospital CFO Report. In January 2023, REH was established as a new Medicare provider type to enable struggling rural hospitals to continue operating with outpatient and emergency services only, instead of…
More health systems embrace dual roles for C-suite executives
Editor's Note: Stacking additional responsibilities and titles atop pre-existing leadership responsibilities is becoming more common among health system executives, according to a January 24 report in Becker’s Hospital Review. Not including the most obvious overlapping pairings, such as chief medical officer and chief medical informatics officers, the most common parings…
New survey shows disconnect between C-suite, employee perceptions of well-being
Editor's Note A new survey released June 21 by Deloitte and Workplace Intelligence finds that up to 60% of employees are considering switching to new jobs because stress at work is hurting their mental (58%), physical (63%), social (45%), or financial (35%) well-being. The survey also finds that three in…
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