1. Co-management of anesthesia with a service line expert increased revenue at least 20 percent. In a case study presented by Howard Greenfield, MD, a principal of Enhance Healthcare, a three-hospital system with 30 anesthetizing locations in the Midwest achieved a 12 percent revenue increase from contracting and an 8 percent revenue increase from billing improvements after it moved from an outsourced anesthesia model to a model of employment co-managed by a service line expert. In addition, the system saw a 5 percent decrease in anesthesia expenses and a 30 percent decrease in subsidies paid to the anesthesia team. The hospital achieved these improvements by linking anesthesiologists’ compensation to quality and performance and renegotiating payor contracts, among other changes.
2. Collaborative leadership, redesigned workflow and other changes increased profitability by $25 million. A 380-bed community medical center saw an increase in case volume by 29 percent and profitability by $25 million over three years after Surgical Directions established a new model of collaborative perioperative leadership, changed block scheduling rules, redesigned workflow, created anesthesia service standards and helped develop a strategic perioperative growth plan. The hospital also increased surgeon satisfaction and decreased turnover time.
More Articles on Perioperative Services:
A Case for Anesthesia Leadership in the OR: 3 Points
Molding the Patient Care Experience Through 5 Critical Surgical Stages
5 Ways Effective Communication Can Improve OR Efficiency
