Tag: Cost

Hospital financial report predicts stability, high cybersecurity costs for 2025

Editor's Note Hospitals’ financial outlook is stable, although growth is slowing and certain costs are projected to increase, particularly for cybersecurity, according to two recent Becker’s reports on data from Moody’s Investor Services. The first, published November 14 in Becker’s Hospital CFO Report, notes that “hospitals are facing a stable…

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By: Matt Danford
November 20, 2024
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Virtual care enhances perioperative efficiency

Eliminating physical distance as a barrier to communication makes it easier for caretakers to help not only their patients, but also one another. This is the promise of virtual care technology, which offers system-wide potential for providers facing growing demand for high-quality, cost-effective care. For perioperative leaders specifically, advantages of…

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By: Aaron Chau
November 20, 2024
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GAO urges HHS to strengthen cybersecurity oversight

Editor's Note A November 13 report from The Government Accountability Office (GAO) identifies critical gaps in the Department of Health and Human Services' (HHS) ability to manage cybersecurity risks in the healthcare and public health sector. HHS, the lead federal agency for cybersecurity in this sector, faces challenges in monitoring…

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By: Matt Danford
November 19, 2024
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Analysis: Overuse of back surgeries costs Medicare $2 billion, risks patient safety

Editor's Note More than 200,000 unnecessary back surgeries were performed on older adults from 2019 to 2021, costing Medicare approximately $2 billion and exposing patients to avoidable risks, according to a November 14 analysis from the Lown Institute. The evaluation focused on spinal fusion, laminectomy, and vertebroplasty procedures, which are…

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By: Matt Danford
November 15, 2024
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Private Equity fuels growth of hospital-owned ASCs amidst rising demand, regulatory loopholes

Editor's Note Private equity investment in hospital-owned ambulatory surgery centers (ASCs) is rising as hospitals seek expansion capital and private equity firms look for profitable partnerships in a growing sector, Modern Healthcare November 4 reports. ASCs have become popular due to their lower costs compared to hospitals, which makes them…

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By: Tarsilla Moura
November 6, 2024
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2025 Medicare reimbursement cuts spark concern among physicians

Editor's Note Doctors facing inflationary and operational cost increases are decrying recently finalized 2025 Medicare reimbursement rates, according to a November 4 report in Healthcare Dive. The 2025 rates reduce physician payments by 2.9% while increasing rates for hospital outpatient departments and ambulatory surgery centers (ASCs) by 2.9%, the outlet…

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By: Matt Danford
November 5, 2024
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Reprocessed medical devices save hospitals millions, cut emissions

Editor's Note In 2023, hospitals and surgical centers saved more than $465 million and prevented nearly 98 million pounds of greenhouse gas emissions by utilizing reprocessed single-use medical devices, according to a survey by the Association of Medical Device Reprocessors (AMDR). DotMed reported the news October 21. The data indicate…

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By: Matt Danford
October 25, 2024
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Study: Preoperative nutrition program reduces surgical complications, costs

Editor's Note A system-wide preoperative nutrition program resulted in shorter hospital stays and fewer postoperative complications across the Allegheny Health Network, according to a study presented at the American College of Surgeons Clinical Congress 2024. Medical Xpress reported the news October 18. According to the article, researchers analyzed data from…

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By: Matt Danford
October 24, 2024
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Study: Repeated fasting for multiple surgeries risks malnutrition, mortality

Editor's Note Research shows repeated fasting for multiple surgeries during a single hospital stay significantly raises the risk of protein-calorie malnutrition, leading to longer recovery times, increased healthcare costs, and a higher likelihood of death. HealthDay covered the news October 21. Presented at the American Society of Anesthesiologists annual meeting,…

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By: Matt Danford
October 24, 2024
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Deep neuromuscular blockade aids laparoscopic surgeons, but not necessarily patients

Editor's Note Research shows a deeper neuromuscular block (NMB) can help perform complex abdominal surgeries laparoscopically without impacting intraoperative safety or patient outcomes, according to an October 20 report in MedPage Today. Conducted across European centers and announced at the American Society of Anesthesiologists (ASA) annual meeting, the randomized trial enrolled…

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By: Matt Danford
October 23, 2024
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