The Business of Surgery

Survey: Hospital CFOs Planning To Focus On Cost Reductions In 2020

According to a recent survey, a vast majority of hospital financial leaders agreed that focusing on cost reductions will be one of their main priorities in 2020. The same survey also revealed that hospital CFOs and other financial leaders need to bulk up their investment in data analytics and management dashboards. The survey, conducted by […]

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Why Hospitals Need To Re-Evaluate Their Supply Chain Automation Efforts

Over the last decade, hospitals have made a varying amount of investments into their supply chains to drive costs out of their organizations. While many hospitals have been at the forefront of moving to automation technologies such as RFID and bar-coding, many other hospitals still rely on pen and paper-based manual processes to run their

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Track Tissue From Dock To Patient With This Automation Technology

Many Perioperative departments have told us that their recent visits by The Joint Commission (TJC) included a more in-depth review of their tissue implant logs. A number of Perioperative administrators and nurses agreed that during their last visit from TJC they wanted to see a higher level of documentation when it comes to tracking tissue

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Survey: Better Supply Chain Management Will Boost Margins Significantly

According to a recent survey, most hospital executives agreed that better supply chain management can increase profit margins by up to 3%. However, these same executives agreed that not enough investment in supply chain technologies and improvements have been made and that supply chain departments are using outdated technology to accomplish their mission. The survey,

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How One Health System Analyzes Physician Item Preferences To Boost Its Bottom Line

Springfield, Missouri-based Mercy Health has taken to data analytics to help understand the discrepancy in physician item usage in order to boost its bottom line. By using data to analyze the costs and usage patterns of physicians on similar cases, it has identified many opportunities to reduce supply costs and increase its profitability. Using data

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How To Save Hours A Week By Automating Your Daily Re-Order Process

The typical procedural area in a medium or large hospital spends hours per week generating the daily re-order list of their important supplies and implants. The typical procedural area, like a Cath Lab, EP Lab, Vascular Operating Room or Interventional Radiology Department, spends those hours doing manual, inexact tasks such as “eyeballing” inventory to find

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Survey: The Charge Capture Function At Hospitals Is Too Slow And Error-Prone

A new survey conducted by Sage Growth Partners and sponsored by Ingenious Med revealed that most hospitals still have a long way to go to clean up their revenue cycle and charge capture processes. The survey reached out to over 100 revenue cycle leaders at hospitals, 78% of whom believe that the charge capture process

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How One Tissue Manager Passed Their Joint Commission Survey

A customer recently relayed on to us their experience going through a Joint Commission accreditation survey. The tissue manager in the operating rooms of this particular hospital utilizes Mobile Aspects’ iRISecure system to track their tissue. She uses iRISecure to ensure the quality of documentation for patient safety and regulatory compliance. The Joint Commission (“TJC”)

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How A Health System Saved Over $70 Million Through Physician-Led Supply Chain Committees

Louisville, Kentucky-based Baptist Health has revealed that it has saved over $70 million dollars by taking a fresh approach to its supply chain. By focusing on clinically-led processes that include physicians in the decision-making, the health system has driven cost-savings that many can only dream of. Using physician-led councils across its various service lines, the

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Tissue Documentation Lacking? This Technology Can Help

In the past few years, we have heard the stories about surprise inspections from The Joint Commission (TJC) from many of our customers. The tissue managers and operating room administrators have all agreed on two points: 1) TJC, state Departments of Health and the FDA have all been focused on the tissue management and documentation

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