Tag: Financial costs

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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Six low-cost solutions for improving staff retention

Editor's Note Severe staffing shortages paired with high labor costs are among the most significant challenges faced by hospitals today, according to responses from hospital executives in an October 18 KaufmanHall survey, HealthLeaders October 31 reports. The survey, named the 2022 State of Healthcare Improvement Report, shows that nearly half…

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By: Bridget Brown
November 7, 2022
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Report: Hospitals will likely experience the worst financial year in decades

Editor's Note On October 25, Health Affairs reported that healthcare systems continue to face challenges in a post-pandemic environment but are likely to have the worst financial year in decades, according to Becker’s Hospital CFO Report October 26. US hospitals saw fluctuations in operating margins in 2022 but are still…

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By: Bridget Brown
October 27, 2022
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