Tag: Cost

Why nurse travelers are more friends than foes

Many are quick to blame travelers for the poor state of hospital finances. However, isn’t there a difference between a traveler in the OR—an interim staff member in the hospital’s profit center—and an interim RN in an area financially supported by OR profits? What about the argument that travelers can…

Read More

By: Josiah Whitman
September 25, 2024
Share

Traveler tightrope: OR leaders balance best practices, reduction strategies

Takeaways Providers are generally seeking to reduce use of travelers through strategies such as float pools, training programs, and cultural reforms. However, travelers remain useful as a bridge to permanent staff and for difficult-to-fill positions. Best practices for selection, onboarding, team integration, and performance evaluation are essential for maximizing return…

Read More

By: Cynthia Saver, MS, RN
September 25, 2024
Share

Survey: Satisfaction up, compensation stable for ASC leaders

Data and surveys

ASC leaders’ satisfaction has increased significantly compared to a year ago, according to the 2024 OR Manager Salary/Career Survey. In all, 81% of respondents were satisfied with their current job/position, up from 70% in 2023, and 27% reported being “completely satisfied,” compared to 17% last year. In fact, the favorable…

Read More

By: Cynthia Saver, MS, RN
September 25, 2024
Share

Study: C-sections more likely for black women

Editor's Note Research shows black women are 25% more likely to undergo cesarean sections (C-sections) than white women, even when presenting similar medical histories, The New York Times reported September 10. The article focuses on a study analyzing nearly one million births across 68 New Jersey hospitals. Conducted between 2008…

Read More

By: Matt Danford
September 12, 2024
Share

California bill seeks stricter oversight of private equity in healthcare

Editor's Note A bill in California that aims to increase oversight of private equity healthcare investments is receiving support from consumer advocates, labor unions, and the California Medical Association and opposition from hospitals worried about losing funding sources, the Los Angeles Times reported August 9. Sponsored by Attorney General Rob…

Read More

By: Matt Danford
August 20, 2024
Share

Study: Healthcare workers more susceptible to debt than those in other industries

Editor's Note Extensive training and lower wages lead healthcare workers to accrue more debt than those in other industries, according to a recent analysis published in JAMA Health Forum.  Findings were based on 2018-2021 data from U.S. Census Bureau’s Survey of Income and Program Participation. According to an August 5…

Read More

By: Matt Danford
August 16, 2024
Share

Medicare drug price negotiations to save $6 billion in first year

Editor's Note Medicare’s first negotiations on 10 top-selling prescription drugs for older Americans will save the US government $6 billion in the first year, according to an August 15 article in Reuters. Enabled by President Joe Biden’s 2022 Inflation Reduction Act, negotiations for drugs used by Medicare—which covers 66 million…

Read More

By: Matt Danford
August 15, 2024
Share

Cash flow problems plague US nonprofit hospitals, health systems

Editor's Note A new low for median days cash-on hand could spell trouble for US nonprofit hospitals and health systems, Healthcare Dive reported August 12. “Nonprofit hospitals’ cash on hand — the funds immediately available to finance daily operations — is one indicator of financial health,” the outlet reports. “Low cash…

Read More

By: Matt Danford
August 14, 2024
Share

Vertical integration favors HOPDs over ASCs

Editor's Note Medicare and patient out-of-pocket costs are rising as vertical integration results in more procedures moving to hospital outpatient departments (HOPDs) than to ambulatory surgical centers (ASCs), Becker’s ASC Review reported on August 8. The article summarizes a study published July 25 in Science Direct. Described as "physician vertical…

Read More

By: Matt Danford
August 14, 2024
Share

2025 IPPS payment rule criticized

Editor's Note The American Hospital Association (AHA) criticized new inpatient prospective payment system rates issued August 1 by the Centers for Medicare and Medicaid Services (CMS), citing the potential of financial struggles for hospitals and reduced access for patients, particularly in rural or underserved areas. Under the new rule, most…

Read More

By: Matt Danford
August 6, 2024
Share

Join our community

Learn More
Video Spotlight
Live chat by BoldChat