Editor's Note:  Investors see particular opportunity for mergers in healthcare and life sciences companies, Chief Healthcare Executive reported January 5. Citing the 2024 outlook of audit, tax, and advisory firm KPMG, the report notes that 61% of investors expect deal-making to increase in these sectors, while only 9% expect to…

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Takeaways Clinical hours per case is a simple, yet effective, productivity metric. Analysis of productivity measures can include benchmarking against external and internal data. A positive work culture will improve staff productivity. Productivity is a foundational concept for leaders of ambulatory surgery centers (ASCs). “Measuring productivity is essential to be…

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A previous issue of OR Manager included the article, "Building a business case for new technology," which featured tips from leaders at the University of Pittsburgh Medical Center on the importance of building a thorough business case for implementing new technology in the OR. With the next OR Business Management…

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Editor's Note This review published by the Journal of the American College of Surgeons shows that surgical scorecards, or cards that summarize information regarding the cost of surgical items and procedures along with comparisons to similar operations, have been shown to significantly reduce costs without impacting clinical outcomes when presented…

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Measuring productivity can be a burden for perioperative leaders and their staff, but it also can serve as a means for obtaining needed resources. Part 1 of OR Manager’s two-part series on productivity measurement focused on the value of measuring, challenges, and deciding what should be assessed (see September issue,…

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Editor's Note “I don't want to start by asking how many of you have been in your role for 1 to 5 years, or 5 to 10, or 10 to 20,” said Pamela Hunt, BS, MSN, RN, NEA-BC, FAAN, consultant and associate faculty at Indiana University, during the “Key Budgeting…

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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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Editor’s Note “What problem does your OR have that you would like to solve?” posed Pamela Hunt, BS, MSN, RN, NEA-BC, FAAN, Executive Advisory, Consultant and Associate Faculty, Kelly School of Business, Indiana University, to the audience at the OR Business Management Conference. During her session, "No Margin, No Mission:…

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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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