Think 'outside the blocks' to shore up balance sheets
Editor’s Note: This article from Whitman Partners addresses some ways OR nurse leaders can help their health systems recover from the financial fallout and disruption in normal processes caused by the COVID-19 pandemic. Whitman Partners is a Portland, Oregon-based specialty search firm dedicated to placing directors of surgical services at…
Consider a PSH as a post-pandemic strategy
Across the US, surgical services are estimated to comprise around 20% of national health spending and typically generate up to 70% of total health system revenue.1, 2 That makes surgical services the largest revenue generator for a hospital, supporting access to numerous other healthcare services. Considering the average hospital has…
Survey: COVID-19 is a worry, but compensation remains stable
The COVID-19 pandemic is top of mind for ambulatory surgery center (ASC) leaders, finds the OR Manager 2020 Salary/Career Survey. Most of the 69 ASC leaders who completed the survey responded to an open-ended question about how the pandemic had affected their facility and staff, with the most frequent comments…
Increased unemployment linked to increased pediatric hospitalizations
Editor's Note This study by researchers from Children’s Mercy Hospital, Kansas City, Missouri, and others found that for four economy-sensitive conditions, increased unemployment was associated with increased pediatric hospitalizations. A 1% increase in unemployment was associated with a: 5% increase in hospitalization for substance abuse 4% increase for diabetes 2%…
CMS threatens to withhold payments from hospitals not reporting COVID-19, flu data
Editor's Note The Centers for Medicare and Medicaid Services (CMS) on October 6 released guidance on how it will implement an interim final rule that requires hospitals and critical access hospitals to report data on COVID-19 and flu patients. CMS says failure to report specified data may lead to termination…
Healthcare employment up in September
Editor's Note US healthcare added 52,800 jobs in September for a seasonally adjusted 15, 839,600, the Bureau of Labor Statistics reported on October 2. Hospitals lost 6,400 jobs, but nursing and residential care facilities added 1,600 jobs. Ambulatory healthcare services also added jobs, including physicians (18,200), dentists (3,900), and home…
ASCs reduce Medicare costs $4 billion annually
Editor's Note A new analysis of Medicare payment data by KNG Health Consulting shows that ambulatory surgery centers (ASCs) reduced Medicare costs by $28.7 billion from 2011 to 2018, a savings of more than $4 billion each year. The analysis also shows that, without policy changes, performing procedures on Medicare…
CDC: Delay, avoidance of medical care because of COVID-19
Editor's Note This survey from the Centers for Disease Control and Prevention (CDC) shows the extent to which adults are delaying and avoiding medical care because of concerns about COVID-19. By June 30, an estimated 40.9% of those surveyed (4,978 US adults) had delayed or avoided medical care including urgent…
Joint Commission refreshes Accelerate PI Dashboard Report data
Editor's Note The Joint Commission announced September 9 that it has refreshed the Accelerate PI Dashboard Report data for accredited hospitals, critical access hospitals, and nursing care centers. The reports reflect the most recent and available external data from CMS’ Hospital Compare and Nursing Home Compare websites as well as…
CMS issues emergency regs on daily COVID-19 reporting for hospitals, critical access hospitals
Editor's Note The Centers for Medicare & Medicaid Services (CMS) on August 25 issued emergency regulations requiring all hospitals and critical access hospitals to report daily COVID-19 data. The data includes: number of confirmed or suspected COVID-19 positive patients being treated ICU beds occupied availability of ventilators, PPE, and other…
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