How Hospitals Can Increase OR Profitability
6 Interventions to Reduce Costs and Increase Revenue in Surgical Services
The OR is the traditional revenue engine of the hospital. Perioperative services at better performing institutions contributes up to 68% of a hospital’s revenue and up to 60% of a hospital’s operating margin. But as more patient volume transitions to government payers through the Affordable Care Act, the balance sheet is shifting. In many hospitals, the surgical services department no longer delivers the profit the organization needs to survive. What can hospital leaders do to shore up OR profitability? The key is to address root problems in OR organization and processes. This white paper from Surgical Directions describes six interventions that will transform your OR into a high-margin driver of hospital financial performance.
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At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
