Tag: Healthcare costs

Cash flow problems plague US nonprofit hospitals, health systems

Editor's Note A new low for median days cash-on hand could spell trouble for US nonprofit hospitals and health systems, Healthcare Dive reported August 12. “Nonprofit hospitals’ cash on hand — the funds immediately available to finance daily operations — is one indicator of financial health,” the outlet reports. “Low cash…

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By: Matt Danford
August 14, 2024
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Vertical integration favors HOPDs over ASCs

Editor's Note Medicare and patient out-of-pocket costs are rising as vertical integration results in more procedures moving to hospital outpatient departments (HOPDs) than to ambulatory surgical centers (ASCs), Becker’s ASC Review reported on August 8. The article summarizes a study published July 25 in Science Direct. Described as "physician vertical…

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By: Matt Danford
August 14, 2024
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Harris, Trump healthcare records compared

Editor's Note The Affordable Care Act , abortion and contraception, LBGTQ health, prescription drug prices—presidential candidates Donald Trump, the Republican nominee, and Kamala Harris, the Democratic nominee, have vastly different positions these and other healthcare issues. KFF Health News has published a detailed comparison in the form of a side-by-side…

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By: Matt Danford
August 12, 2024
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Corporate influence concerns arise amid scrutiny of VP nominee’s health record

Editor's Note As Governor of Minnesota, Democratic vice-presidential candidate Tim Walz backed off on nurse staffing ratios as well as healthcare affordability after Mayo Clinic—which is based in the state—raised objections, Managed Healthcare Executive reported August 6. Citing earlier reports from Politico and the Star Tribune on various aspects of…

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By: Matt Danford
August 8, 2024
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Healthcare pays dearly for data breaches

Editor's Note Responding to and recovering from data breaches in healthcare is more expensive than any other industry, according to a report by IBM and the Ponemon Institute. Healthcare Dive reported on the results August 1. According to that article, the $9.8 million average cost for a breach this year…

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By: Matt Danford
August 5, 2024
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"Tweener" hospitals eye financial relief after Supreme Court ruling

Editor's Note The Supreme Court’s recent “Chevron” ruling could offer additional financial security to hundreds of so-called "tweener" rural hospitals—those too large to be considered critical access hospitals but too small to be rural referral centers. Modern Healthcare reported the news July 29. According to the article, critical access hospitals,…

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By: Matt Danford
August 1, 2024
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Surgical ethics: Does money speak louder?

Although I am not a healthcare professional, working for OR Manager offers a peek behind the curtain. What I have learned so far has left me feeling a bit conflicted. When I took this job back in December, I assumed the hospital ecosystem was driven entirely by the Hippocratic Oath.…

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By: Matt Danford
July 31, 2024
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Smart knee’s advance heralds future of proactive postop care

Takeaways Transmitting health metrics directly from a surgical implant reduces the need for in-person followup and offers more objective data on recovery than patient-reported measures. This technology’s potential extends beyond knees. Whatever the nature of the treatment, postop monitoring is critical. Patient education is essential for setting up the data…

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By: Matt Danford
July 31, 2024
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The toll of excess inventory and the role of ecommerce

I still recall being handed roughly 10 boxes of suture anchors to practice with years ago at New York University (NYU) medical school. “Aren’t these needed here?” I asked incredulously. “Not at all,” came the answer, despite a hefty price tag of $1,000 per box. In fact, getting the suture…

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By: Andrew Dold, MD
July 31, 2024
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In-house 3D printing reduces hospital surgery times, costs

Editor's Note The medical 3D printing market is expected to double from $2 billion in 2022 to $4 billion by 2026, driven by customization, lower costs, and quick turnarounds, according to analysis from GlobalData. In a July 24 report on the analysis, Medical Device Network outlined this growth as well…

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By: Matt Danford
July 26, 2024
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