Running Lean – Use Benchmarking to Reduce Costs

By Robert Kurtz

Ann Geier, vice president of clinical informatics with the surgery division of Source-Medical in Wallingford, Connecticut, says lowering an ASC’s costs is critical, but if you don’t know your costs and don’t know your figures you want to reach, it is difficult to monitor the success of your efforts
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Can Financial Incentives Improve OR Efficiency?

According to new research in JAMA Surgery, financial incentives may reduce operation room turnaround times and improve on-time start accuracy. Researchers studied the effects of initiating a financial incentive program and the efficiencies that occurred with OR teams, surgeons, anesthesiologist, nurses, and surgical technicians.

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Majority of Those Insured Under PPACA Plan to Change Healthcare Plans in 2015

"Consumers feel that there are opportunities to get more value from the current health insurance market," said Kathleen Relias, senior vice president of Radius Global Market Research."

According to a survey by Radius Global Market Research, in 2015 two-thirds of Americans insured under the Patient Protection & Affordable Care Act plan to switch healthcare plans.

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Charitable Planning: A Primer

Carole C. Foos, CPA
David B. Mandell, JD, MBA

The will to give back is strong for many physicians, hospital/ASC owners…and in Americans of all types. As a society, we cherish the right to give to the charitable institutions of our choice and the tax code favors such gifts. The will to give is what we refer to as “charitable intent.” We want to give. Often, the biggest hurdles to giving are that we do not know how to give or we assume that our family will suffer as a result of our giving.

Our goal here in this short financial planning article is to show you a few ways savvy clients make charitable gifts that benefit the charity and their families at the same time. This is possible because of the tremendous tax benefits the IRS grants for charitable gifts. Before we examine the ways to use charitable giving to reduce income taxes, let’s take a look at the basic tax rules regarding charitable giving. [Read more...]

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5 Ways to Improve Your Clinical Anesthesia Practice

Anesthesia providers face an ongoing challenge in maximizing efficiency while providing the highest quality of patient care. How can you improve your anesthesia practice? While new technologies are certainly helping healthcare evolve, human capital is more important than ever. Here are 5 strategies to improve your clinical anesthesia practice:
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Key Strategies for ASCs to Reduce Anesthesia Complications

According to several online sources, about 65 percent (22 million) of all surgeries are performed on an outpatient basis, with many of them taking place at ambulatory surgical centers (ASCs). The two most common surgeries performed include endoscopies of the large and/or small intestine and extraction of lens. It is predicted that out of all surgeries performed in outpatient settings, only about 1 percent of them endure complications.
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Can Shortages in Anesthesia Drugs be Improved?

The United States began experiencing shortages of certain anesthesia drugs in 2009, and it’s only gotten worse since then. While at first it was just Propofol that anesthesia providers were coming up short on, now it is nearly every anesthesia drug. While not all drugs are in short supply all the time, most drugs are experiencing at least occasional shortages, with some being almost constantly low in stock at hospitals and medical centers.
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Inspiration at Becker’s ASC 21st Annual Meeting

Drake Relays

abeo will be at Booth #12 for the Becker’s ASC 21st Annual Meeting. What an exciting schedule they have lined up!

This years keynote speakers at Becker’s ASC 21st Annual Meeting include Olympic hurdler & bobsledder Lolo Jones, Entrepreneur William Taylor, & Hall of Fame Quarterback Terry Bradshaw. Prepare to be inspired!

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Wheel Of Fortune Has Nothing on OR Excellence!

New_Orleans_Canal_Street_(1998)

October 14 – 17, 2014 is OR Excellence, and abeo is excited to be a part of all the excitement. Through a mix of breakout sessions and presentations, all attendees will have the opportunity to share ideas and have new information to take home with them.

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ANESTHESIOLOGY™ 2014 In The Big Easy

abeo will be in New Orleans for the ANESTHESIOLOGY™ 2014 annual meeting. This year the ANESTHESIOLOGY™ 2014 Annual Meeting will be offering over 500 sessions and expecting over 15,000 attendees from all over the world.  Take some time to visit the Big Easy for lectures, hands-on workshops, networking and panel discussions. While you are in NOLA you can also enjoy the jazz, history and fine Cajun food the city has to offer.

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