RAND study reveals private payers pay 250% more than Medicare for healthcare services
Editor's Note A recent analysis by the RAND Corporation, a research and analysis nonprofit, revealed a disparity between hospital and ambulatory surgery center (ASC) prices paid by employers and private payers compared to Medicare prices, Revcycle Intelligence May 15 reports. The study, covering data from 2020 to 2022, showed private…
Decade of salary data shows mix of small gains, stagnation for OR leaders
Takeaways OR leaders have experienced financial gains over the past 9 years, but not enough to keep up with inflation in recent years. Capital and operating budget responsibilities have increased over the past 6 years. Since 2015, OR leaders have consistently been most satisfied with their current job, but much…
How data puts the ‘value’ in value-based care
What if a surgeon decided to perform a procedure on a patient that was not totally necessary? It happens more often that one might realize. As recently as August 2023, Forbes published an article that cited a Harvard Business Review report stating that over 50% of lumbar spine surgeries are…
AI’s pivotal role in transforming OR efficiency, now and in the future
Next-Gen Disruptors: Technologies Transforming the OR Installment #1, presented by LeanTaaS Surgical procedures are necessary steps in patient journeys—no one wants to have surgery, but most people will need it at some point for care continuity and better quality of life. To best support positive outcomes, optimal recovery periods, and…
ACC launches new data registry for cardiac care in ASCs
Editor's Note The American College of Cardiology (ACC) has introduced the CV ASC Registry Suite, a pioneering data registry targeting cardiac procedures at ambulatory surgical centers (ASCs), Cardiovascular Business February 13 reports. This initiative marks a significant development that reflects the trend of cardiac care shifting from hospitals to ASCs.…
Survey: Healthcare supply chain leaders focused on staffing, savings, standardization
Editor's Note Addressing pressure on margins, inconsistent processes, and staffing issues are top priorities for healthcare supply chain leaders recently surveyed by symplr, a provider of enterprise healthcare operations software. Published February 27, the State of Healthcare Supply Chain Survey offers insight from nearly 100 VPs of Supply Chain, Chief…
Session: What are the legal implications of AI in healthcare?
Editor's Note How will healthcare regulators deal with artificial intelligence? How will malpractice law change, and who will be liable for harm derived from AI diagnosis and treatment recommendations? What can be done about bias in AI? Even amid a surge in algorithms cleared by the FDA, all of these…
Session: OR optimization driven by more than just data
Editor's Note For Northwell Health University System, a large hospital system in New York state, saving millions in OR expenses in just a few years’ time was possible not just through meticulous analytics, but also cultural transformation. This was among the chief conclusions of a session led by Adam Becker,…
ChatGPT study prompts questions about clinical applications for large-language-model AI
Editor's Note Although ChatGPT has shown human-level performance on several professional and academic benchmarks, a recent study of its potential for clinical applications raised questions among surgeon evaluators. Findings were reported in the journal Surgery on January 20. Specifically, researchers tested OpenAI’s general-purpose large-language model on questions from the Surgical…
Machine learning study shows AI’s potential for predicting kidney transplant outcomes
Editor's Note: Artificial intelligence (AI) leveraging machine learning (ML) and natural language processing (NLP, a subset of machine learning) models can help identify donors with kidneys unsuitable for organ transplant, according to a study published November 1 in Jama Surgery. Despite the unmet need, many deceased-donor kidneys are discarded or…
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- Introducing New Leader Toolkit: Your guide to OR leadership success