Tag: Financial Management

Exclusive articles preview OR Business Management Conference sessions

Editor's Note Although the term “value-based care” dates back nearly two decades, payer reimbursement models too often seem more like volume-based care. In a presentation at the upcoming OR Business Management Conference, scheduled February 10-12 at the Saddlebrook Resort in Tampa, Florida, economist Susanna Gallani, PhD, will delve into how…

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By: Matt Danford
December 19, 2024
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Fitch Ratings: Hospital credit outlook improves amid stabilizing margins

Editor's Note The credit outlook for the nonprofit hospital sector improved from “deteriorating” to “neutral” in Fitch Ratings’ 2025 report, the first revision in more than 2 years. Healthcare Dive reported the news December 11.  According to the outlet, Fitch attributes the shift to “steady improvement” in hospital operating margins,…

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By: Matt Danford
December 17, 2024
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Study: Rural hospital mergers, acquisitions boost financial stability, care access

Editor's Note Data show nearly half of rural hospitals categorized as high-risk financially improved their stability after mergers, acquisitions, or affiliations (M&A) with larger health systems, Fierce Healthcare reported December 2. Conducted by Dobson DaVanzo & Associates and commissioned by the Coalition to Strengthen America’s Healthcare, the analysis found that 110…

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By: Matt Danford
December 4, 2024
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Save the date for the 2025 OR Business Management Conference

Editor's Note Curious to learn how hurricane-impacted health organizations are navigating supply chain challenges? What about the latest trends in ambulatory surgery centers (ASCs), AI-driven scheduling software, or the workings of the hospital C-suite? Designed specifically for perioperative business leaders seeking to optimize efficiency and increase profitability, the 2025 OR…

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By: Matt Danford
November 22, 2024
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Hospital financial report predicts stability, high cybersecurity costs for 2025

Editor's Note Hospitals’ financial outlook is stable, although growth is slowing and certain costs are projected to increase, particularly for cybersecurity, according to two recent Becker’s reports on data from Moody’s Investor Services. The first, published November 14 in Becker’s Hospital CFO Report, notes that “hospitals are facing a stable…

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By: Matt Danford
November 20, 2024
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Conference community-building proves its worth

How should responsibilities associated with C-sections be divided between the OR team and the OB/GYN department at a staff-strapped rural hospital? This was just one of many questions I had never considered prior to attending the 2024 OR Manager Conference, which drew perioperative professionals to the MGM Grand in Las…

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By: Matt Danford
November 20, 2024
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Session: Ace in the workplace—The business savvy new manager

Editor's Note In this session focused on the roles and responsibilities of a business manager in the perioperative environment, Blas Brown, Jr, MBA, business director of perioperative services at MedStar Washington Hospital Center, emphasized the importance of technical and interpersonal skills. Specifically, he said, being business savvy is key to…

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By: Tarsilla Moura
October 30, 2024
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Hospital wage inflation slows

Editor's Note Data from Fitch Ratings indicates hospital wage inflation is “leveling off,” Becker’s Hospital Review reported September 9, calling the report “good news” amid continued payroll increases and labor shortages. According to Becker's, key takeaways of the data include: Year-over-year average hourly earnings growth for hospital employees dropped 3%…

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By: Matt Danford
September 9, 2024
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OR Business Management Conference: Lowest rates expire soon

Editor's Note The lowest rates in the last decade for the leading financial summit designed for business leaders in perioperative services will end September 6. The 2025 OR Business Management Conference, taking place February 10-12 at the Saddlebrook Resort in Tampa, Florida, offers attendees the opportunity to learn and network…

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By: Barbara Cucci
August 30, 2024
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Time to sign up for the ASC administrators CASC training course

Editor's Note The OR Manager Conference is proud to announce it will offer a 1-day training course outlining core areas of study for the Certified Administrator Surgery Center (CASC) exam to earn the CASC credential. This training is ideal for those responsible for the operations of running an ambulatory surgery…

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By: Lindsay Botts
August 30, 2024
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