Editor's Note Chief data officer (CDO) is a fast-growing C-suite role across the economy, with the notable exception of healthcare. The reasons why might be surprising: these roles have already been filled. Rather than growing, they are evolving. That’s the primary message of a March 4 report in Becker’s Hospital…
Editor's Note Health system executives cite regulatory uncertainty, workforce challenges, and technology investment as top priorities for the next five years, according survey data released February 26 by healthcare advisory firm Chartis. Based on responses from 61 US health system CEOs and chief security officers (CSOs) in December 2024, the…
Editor's Note Survey results reveal healthcare finance leaders expect limited financial gains in 2025 and are shifting their focus to operational improvements and cost management rather than margin growth. DotMed reported the news February 24. The article is based on a new report on a survey of over 100 healthcare…
Editor's Note Anyone who has attended the annual OR Business Management Conference understands the value of an intimate event focused exclusively on OR efficiency and profitability. However, even regular attendees are likely to find something new this at year’s conference, which is scheduled for February 10-12, 2025, at the Saddlebrook…
Editor's Note A bipartisan Senate Budget Committee report accuses private equity firms of prioritizing profits over patients, compromising care in underserved communities, CBS News reported January 7. The investigation scrutinized the operations of Leonard Green & Partners and Apollo Global Management, alleging widespread financial mismanagement and underinvestment in hospitals they…
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…
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…
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,…
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,…
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…
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