Tag: Financial costs

Nonprofit hospitals face ongoing struggles in 2024

Editor's Note The 2024 forecast for nonprofit hospitals is likely to remain challenging, according to the latest annual Fitch Ratings outlook, Chief Healthcare Executive December 6 reports Some highlights of the report include:  The outlook for 2024, which was identified as “deteriorating,” is based on three ongoing challenges for nonprofit hospitals:…

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By: Brita Belli
December 8, 2023
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Assistance program leads to major drop in ER visits, costs for immigrants

Editor's Note A study from economists and public health officials in the September 2023 issue of the journal American Economic Review: Insights found that when undocumented immigrants were provided assistance to visit primary care doctors via a pilot program, it resulted in a 21% drop in emergency room (ER) use.…

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By: Brita Belli
September 22, 2023
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Business session: Profitability in the OR—Benchmark Your OR's Performance

Editor's Note “Has your CNO [chief nursing officer] ever said you are the CEO of your department?” Jessica Gruendler, DNP, senior director of nursing, Perioperative Services, at Dignity Health, posed to OR Manager Conference attendees at the start of this session in a packed room with standing room only. A…

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By: Tarsilla Moura
September 20, 2023
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Survey: Financial well-being of surgical residents

Editor's Note Poor personal financial health has been linked to well-being, including burnout, substance abuse, and worsening personal relationships. This secondary analysis of a survey led by the Yale School of Medicine, New Haven, Connecticut examines the financial well-being of surgical residents in New England. A total of 250 surgical…

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By: Judy Mathias
May 11, 2023
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Association of COVID-19 containment policies with children’s mental health

Editor's Note This study led by researchers at Weill Cornell Medicine, New York Presbyterian, New York City, and the University of California, Berkeley, finds that family financial disruptions caused by COVID-19 containment policies worsened children’s mental health. This analysis included a nationwide cohort of 6,030 US children aged 10 to…

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By: Judy Mathias
March 13, 2023
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Rates, risk factors, costs of SSIs after TKA

Editor's Note This study led by the Medical College of Wisconsin, Milwaukee, examines the longitudinal rates, risk factors, and costs of superficial and deep incisional surgical site infections (SSIs) after primary and revision total knee arthroplasties (TKAs). A total of 26,097 primary TKA patients and 3,663 revision TKA patients were…

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By: Judy Mathias
February 23, 2023
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Patient symptoms, disabilities, financial problems at 6 months after COVID-19 hospitalization

Editor's Note This study led by researchers at the University of Michigan Medical School, Ann Arbor, finds that cardiopulmonary, financial, and functional problems were highly prevalent in patients at 6 months after COVID-19 hospitalization.  This analysis includes a national US cohort of 825 adults discharged from 44 hospitals after COVID-19…

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By: Judy Mathias
February 17, 2023
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Pre-Conference Workshop: Financial management and key concepts for success

To be a leader today you must be competent to understand the drive of financials, says Brandon Bennett, DNP, APRN, CNOR, CNS-CP, CSSM, CNAMB, NE-BC, adding that “optimization is critical.” Bennett discussed the significance of understanding financial management in the OR in the pre-conference workshop on Sunday at the OR…

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By: Bridget Brown
February 6, 2023
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OR Business Management Conference kicks off today

Editor's Note The OR Business Management Conference kicks off today! If you’re in Savannah, welcome! Are you ready for a week of learning, networking, and reconnecting? Registration opens at 6:30 am. Please stop by to pick up your badge if you haven’t already. Download the mobile app to see the…

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By: Kaitlin Sennello
February 3, 2023
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Kaufman Hall report: Hospitals report negative margins, November 2022

Editor's Note Healthcare systems across the nation were still operating with negative margins in November of 2022, according to Kaufman Hall’s December National Hospital Flash Report, noted the American Hospital Association on January 4. The report looked at data from over 900 hospitals and noted that median operating margins for…

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By: Bridget Brown
January 5, 2023
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