Operating Room Business Planning & Development
Surgery: The Financial Engine That Drives a Hospital
For the full service medical center (on average and variable by payor mix) a hospital’s surgical program is worth in excess of $2,000 per case in hospital bottom line margin (before indirect cost allocations)
Regardless of how successful a hospital is a savvy administrative team does not take success for granted. Most hospital executives recognize that surgery is the financial engine that drives a hospital and that long term success in the surgical healthcare market results from provision of efficient, client-centered operational programs and ongoing business planning activity.
OR Efficiencies Operating Room Business Planning & Development helps:
Identify aspects of your surgery program that can realistically increase market share.
Recognize elements that are at risk for loss to competitors.
Develop a plan to both protect and increase your current market share.
Develop an understanding of your physicians’ needs and the criteria they use to evaluate which hospitals to base their practices.
Develop tactical plans to achieve optimal satisfaction levels and long-term relationships between your hospital and medical staff with the goal of increasing referrals.
Position your hospital and medical staff as one strategic unit, improving your ability to market to and negotiate with managed care organizations.
What is the Risk for your Institution?
Total Cases per 100K population and site of service