Optimizing speciality clinics in a telemedicine world
Patients resign themselves to this simple fact every time they have an appointment with a specialist: nearly half of the total time that they spend in the clinic will be spent waiting alone. This clinic “alone time” begins in the waiting room, both before and after check-in. Then there is the time spent perched on the […]
5 solutions to maximize your OR capacity
Operating Rooms (ORs) are the economic backbone of nearly every healthcare system, and OR utilization is a key metric. It’s a perishable commodity that trades in time, and once time comes and goes, it’s an opportunity forever lost. Too many times, ORs sit unused, for a variety of reasons, ranging from the early completion of […]
“No block left behind” in operating rooms
Operating Rooms are the economic backbone of a hospital, often generating more than 50 percent of revenues and profits for the institution. A single block of Operating Room time (~500 minutes) can generate $50K – $100K+ in revenue per day, depending on the payor and case mix. ORs are also the most expensive resource to […]
Operating room block scheduling needs an overhaul
One minute of utilized operating room (OR) time can be worth more than $70 in revenue and one minute of staffed OR time can cost $50 or more, making underutilized OR time a huge problem. Each year, roughly 51 million surgeries are performed in the 5,000+ hospitals and 5,000+ surgery centers in the U.S. MGMA […]