The Business of Surgery

Disruptive Technology Provides Pricing Transparency Between Hospitals Drives Significant Savings!

I attended a fascinating session at the Becker’s Roundtable conference for CEO/CFO/CIO’s. Being a technology geek, I love hearing and seeing how technology is improving the cost of providing healthcare. The power of data can truly be amazing as in this example! For years, hospitals have been isolated from each other on how much they […]

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Move it or Lose It!!

If you haven’t yet attended one of Scott Becker’s “CEO/CIO Roundtable” Conferences, do try to make one of his next semi-annual meetings.   Becker assembles a disparate group of speakers and powerhouse hospital luminaries to share best practices in a rather intimate environment, and attendees are absolutely unafraid to challenge moderators and speakers during sessions. After

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Increase Surgical Revenue – Part 2 of 3 (Documentation Improvement)

Why is documentation so important for proper reimbursement for surgical procedures? In order to get properly reimbursed for a surgical procedure, you must be able to prove through documentation what you’re are trying to get reimbursedfor.  If you can’t prove it, then you will not get paid for it. Government programs such as Medicare and

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“In the Land of the Blind, the One-Eyed Man is King”

Don’t Assume Your Current, Multi-million dollar systems are making it easier for your staff to find and make positive change with documentation/billing/inventory management. In over 20 years marketing to and consulting with hospital administrators and managers, I’ve learned two things:  1) Hospital decision makers are smart; they have a vision, but their culture and current

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Increase Surgical Revenue – Part 1 of 3 (Charge Capture)

In the past and for most of healthcare today, inventory has been managed independently from the rest of the business of providing healthcare. Recent articles ( 7 Reasons to Merge Revenue Cycle and Supply Chain Management ) have suggested the benefits of combining supply chain and revenue cycle. When you step back and look at

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Patient Safety Impact of Medical Device Recalls

What is a Medical Device Recall? A recall is an action taken to address a problem with a medical device that violates FDA law. Recalls occur when a medical device is defective, when it could be a risk to health, or when it is both defective and a risk to health. A medical device recall

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Inventory Tune-Up Drives Yearly Savings

Often we hear, when talking with hospitals that they only expect to get a one time savings with our inventory solution. They’ll say, “With your solution, we are really only going to see a reduction in inventory on the initial install of your product. Thus, only realizing a one-time cost savings.” This has been their

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