Tag: Cost savings

Cardiology efficiency, orthopedic revenue surge as ASCs navigate growing complexity

Editor's Note HST Pathways’ most recent industry report, discussed on the Advancing Surgical Care Podcast by HST CEO David Thawley and Bill Prentice, CEO of the Ambulatory Surgery Center Association (ASCA), offers insights into cardiology and orthopedic procedures done in ambulatory surgery centers (ASCs) in 2024, Ambulatory Surgery Center News…

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By: Tarsilla Moura
March 26, 2025
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Hospital’s anesthesia reforms slash carbon footprint, expenses

Editor's Note Universitätsmedizin Berlin reduced anesthesia-related carbon emissions by more than 80% since 2018 by eliminating high-impact anesthetic gases, implementing education initiatives, and revising clinical guidelines, according to a February 27 report in Medical Xpress. The hospital’s efforts targeted desflurane, an anesthetic gas with an extreme climate impact—nearly 8,000 times…

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By: Matt Danford
March 4, 2025
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Study: Shifting imaging to outpatient centers could save billions

Editor's Note Moving radiology services from hospitals to outpatient centers could slash healthcare costs by billions annually while improving patient care, according to a March 3 Radiology Business News report on a study published in the American Journal of Roentgenology (AJR). The study found that shifting just 10% of hospital-based…

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By: Matt Danford
March 4, 2025
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Cost-shifting concerns rise as GOP eyes Medicaid cuts

Editor's Note Large employers are warning hospitals they will not absorb higher costs if plans by Republicans and the Trump administration for deep Medicaid cuts proceed, a February 28 article in Modern Healthcare reports. The threat of reduced Medicaid funding has reignited concerns about hospitals shifting costs onto employers and…

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By: Matt Danford
March 3, 2025
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Healthcare CFOs prioritize cost control, data-driven decisions

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…

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By: Matt Danford
February 27, 2025
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Robotic surgery transforms ORs as market expands

Editor's Note A February 21 article in Modern Healthcare details how surgical robots are delivering faster procedures, improving patient outcomes, and boosting hospital profits. As detailed in the article, the global surgical robotics market has quadrupled since 2015, growing from $800 million to approximately $3 to $3.5 billion in 2023…

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By: Matt Danford
February 25, 2025
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Session: Anchors Away: 5 Strategies to Right-Size Your Inventory and Improve Supply Contracts

Editor's Note As executive director of the Association for Health Care Resource & Materials Management (AHRMM), Michael Schiller, CMRP, gets regular insight into strategies employed by healthcare organizations, suppliers, technology leaders and frontline staff—insight he was happy to share with OR business Management Conference attendees in a February 11 presentation.…

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By: Matt Danford
February 13, 2025
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Session: Cracking the Code: Innovative Hacks for Preference Card Management and C-Suite Support

Editor's Note Outdated and inaccurate preference cards cost hospitals millions of dollars in delayed surgeries wasted supplies—but with the right strategy, they can become a powerful tool for efficiency and cost reduction. This was among the main takeaways of a 2025 OR Business Management Conference presentation from Jason Goodwin, MPH,…

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By: Matt Danford
February 12, 2025
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Session: Crew Incentives: 3 Guiding Principles to Leverage Value Analysis Teams

Editor's Note Jasmine Hampton-Nicholson MSN, RN, CNOR, learned the value of a value analysis team (VAT) the hard way. “I thought that we had a very solid process for our value analysis team,” said the VP of perioperative services at Temple University Health System in a presentation at 2025 OR…

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By: Matt Danford
February 12, 2025
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Session: Modernizing OR Scheduling—How Northwell Health Streamlined Block Management

Editor's Note Driving efficiency in perioperative scheduling requires a combination of the right technology, cross-team collaboration, and a commitment to change management. This was among the primary takeaways of an OR Business Management Conference session on Northwell Health's approach to optimizing operating room (OR) workflows. Adam Becker, MPA, assistant vice…

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By: Matt Danford
February 11, 2025
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