Tag: revenue

Cardiology efficiency, orthopedic revenue surge as ASCs navigate growing complexity

Editor's Note HST Pathways’ most recent industry report, discussed on the Advancing Surgical Care Podcast by HST CEO David Thawley and Bill Prentice, CEO of the Ambulatory Surgery Center Association (ASCA), offers insights into cardiology and orthopedic procedures done in ambulatory surgery centers (ASCs) in 2024, Ambulatory Surgery Center News…

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By: Tarsilla Moura
March 26, 2025
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UnitedHealth’s dominant growth forges ahead amid intensifying antitrust scrutiny

Editor's Note In addition to the uptick in acquiring outpatient facilities since 2023, UnitedHealth Group quietly acquired or created more than 250 subsidiaries last year, expanding its already vast network of services comprising a major health insurer, physician practices, a pharmacy benefit manager, and various other healthcare ventures, STAT March…

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By: Tarsilla Moura
March 12, 2025
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Report: Health system margins shrink as hospital revenue grows

Editor's Note Operating margins for health systems declined across the US in early 2025 even as hospitals reported steady revenue growth, according to a February 27 report from Strata Decision Technology. The median operating margin for U.S. health systems dropped to 1.0% in January, down from 2.1% in December, marking…

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By: Matt Danford
March 4, 2025
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Robotic surgery transforms ORs as market expands

Editor's Note A February 21 article in Modern Healthcare details how surgical robots are delivering faster procedures, improving patient outcomes, and boosting hospital profits. As detailed in the article, the global surgical robotics market has quadrupled since 2015, growing from $800 million to approximately $3 to $3.5 billion in 2023…

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By: Matt Danford
February 25, 2025
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Session: Cracking the Code: Innovative Hacks for Preference Card Management and C-Suite Support

Editor's Note Outdated and inaccurate preference cards cost hospitals millions of dollars in delayed surgeries wasted supplies—but with the right strategy, they can become a powerful tool for efficiency and cost reduction. This was among the main takeaways of a 2025 OR Business Management Conference presentation from Jason Goodwin, MPH,…

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By: Matt Danford
February 12, 2025
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Analyzing outpatient surgery emerging trends as ASC market growth expected at $130B by 2031

Editor's Note With the ambulatory surgery center (ASC) market projected to reach $130.6 billion by 2031—a compound annual growth rate of 3.9%—ASC leaders pointed Becker’s ASC Review to key trends and opportunities fueling this growth. Outpatient care continues to expand across various specialties, and several factors are driving this shift,…

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By: Tarsilla Moura
December 4, 2024
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HCA reports strong Q2 performance, sees decline in labor costs

Editor's Note HCA Healthcare reported nearly $1.5 billion in net income for the second quarter (Q2), exceeding expectations, Modern Healthcare July 23 reports. The Nashville-based system attributed part of this success to a significant reduction in contract labor costs, which dropped by more than 25% compared to Q2 2023. This…

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By: Tarsilla Moura
July 24, 2024
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Hospital margins, ED visits up, length of stay down in April, Kaufman report reveals

Editor's Note The median hospital margin of 3.8% for April is an improvement over the previous month and year-over-year, according to the latest National Hospital Flash Report from Kaufman Hall. Compiled by Kaufman and Syntellis Performance Solutions (now part of Strata), the monthly report analyzes 3 years’ worth of both…

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By: Matt Danford
June 4, 2024
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Built to grow: Key elements of planning a new ASC

Are you part of the ambulatory surgery center (ASC) construction boom? Approximately 116 new facilities opened in 2023, according to Becker’s ASC Review, and more are planned for and underway in 2024. The upward trend shows no signs of slowing. Fortune Business Insights projects the US ambulatory surgery center market…

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By: Brendan Dooley
May 24, 2024
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HCA Healthcare reports solid first-quarter financials

Editor's Note Solid operating margins and an improved payer mix contributed to robust financial outcomes for HCA Healthcare in the first quarter of 2024, including “significant growth” in inpatient admissions, surgeries and emergency room visits, according to an April 29 article on Investing.com. According to the report, outpatient surgery revenue…

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By: Matt Danford
May 2, 2024
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