Tag: Growth

A look back: The business manager role in a changing healthcare environment

Data and surveys

Takeaways • Perioperative business managers can make significant contributions to a hospital’s financial health, but more than half of hospitals do not have this role. • Business managers’ earnings have increased in the past 5 years, while the number of direct reports has risen slightly. • The bachelor’s degree has…

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By: Cynthia Saver, MS, RN
January 23, 2024
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Hybrid OR: Continued advancement in diagnostic, surgical care

The concept of the hybrid OR was born in the 1990s, but healthcare institutions were originally slow to adopt the model due, in part, to the initial sizable investment required. While there was a steady uptick in adoption around 2008, today there are still only some 100 hybrid ORs in…

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By: Anthony Borrelli and Rob Fabrizio
December 20, 2023
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Survey reveals how nurses would like to allocate their shift hours

Editor’s Note Nurses would like to significantly increase time spent with patients, coaching fellow nurses, and pursuing professional growth, according to survey data published on May 26 by McKinsey & Company. The survey included questions regarding how nurses spend their time during a typical shift (broken down across 69 specific activities)…

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By: Brita Belli
December 12, 2023
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Third quarter earnings: UHS, Tenet see financial success; CHS, HCA face challenges

Editor's Note Two major hospital systems–Universal Health Services (UHS) and Tenet Healthcare–saw improved third-quarter profits in 2023, but Community Health Systems (CHS) and HCA Healthcare did not see similar upward trends, HealthLeaders November 3 reports.  According to the article, rising demand in services at UHS drove third-quarter earnings up 6.8%…

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By: Brita Belli
November 7, 2023
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Panel: Trends in the OR—What's driving profitability?

Editor’s Note Three panelists weighed in on which trends are impacting profitability in an OR Business Management Conference session titled, "Trends in the OR—What's Driving Profitability?" What is the area most affected by last year’s high inflation and supply shortages? Staffing expenses and shortages are continuing to "put pressure on…

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By: Bridget Brown
February 6, 2023
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