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Infant security—along with proper identification within the healthcare setting—is a standard of care. Best practice guidelines include an abduction prevention plan, parent education, the elimination of published birth notifications, a visitor checkpoint with issued photograph/name identification, current photograph/name badges with unique identifiers worn by all staff, controlled access to nursery and postpartum floors, baby and […]
(This is the final installment of a six-part series examining the role of clinical evidence in capital planning.) Let’s consider a hypothetical 400-bed acute care hospital in Phoenix. With a well-respected cardiothoracic program serving the community’s large and growing population of aging retirees, the CEO has decided to pursue AHA/ACC accreditation as a Cardiovascular Center […]
(This is the fifth installment of a six-part series examining the role of clinical evidence in capital planning.) It’s important to understand the objectivity, validity, comprehensiveness, and usefulness of any clinical evidence being relied upon during the capital evaluation process. Objectivity: Papers based on research studies that have been cherry-picked to support a particular position […]
(This is the fourth installment of a six-part series examining the role of clinical evidence in capital planning.) Clinical evidence comes into play immediately after a capital planning team determines it’s time to acquire a particular category of equipment or device. It’s essential that the team rely upon this evidence to investigate several key areas […]
Calcified vessels don’t always cause a disruption in blood flow. But when a flow-limiting calcified lesion is present, the fix usually isn’t merely a simple balloon and/or stent. To obtain an optimal result, debulking of the calcium is usually a must. In the past, rotational atherectomy was the best option. However, the learning curve for […]
(This is the third installment of a six-part series examining the role of clinical evidence in capital planning.) Not every big-ticket item is truly strategic. If a device or equipment is a fixed asset with a defined life span, it will often be categorized and tracked as a capital expenditure in the financials, although it […]
Allyson Schiff, Vice President of Operations for TractManager’s Newport Credentialing Solutions unit, was recently honored by Becker’s Hospital Review as one of “102 Women in Health IT to Know in 2019.” In its announcement, Becker’s acknowledged the women for their “significant contributions to health IT advancements, leading large teams, initiatives and companies focused on improving patient care.” The publication […]
The year 2018 was a record year at the Food and Drug Administration (FDA) for medical device approvals and clearances. The agency issued 54 Premarket Approvals (PMA), 44 De Novo classifications, and 3,022 510(k) marketing clearances in 2018, according to the FDA Medical Device Databases. This represents a continuing upward trend for new devices that […]
TractManager, Inc., the healthcare industry’s largest supplier of strategic sourcing and contract lifecycle management (CLM) solutions, has issued a white paper on how healthcare providers and their patients can benefit from introducing clinical evidence into the capital budgeting and planning process. Co-written by Bill Donato, General Manager of MD Buyline, and Winifred Hayes, Founder of […]
(This is the second installment of a six-part series examining the role of clinical evidence in capital planning.) In making capital evaluations more strategic, healthcare systems can start by recruiting a diverse group of leaders to review major proposals. These committees should include clinical, operational, and financial leaders from areas such as health transformation, hospital […]
The use of pulse oximetry has become commonplace in today’s healthcare. Most of us have experienced having a small clip placed on a finger and a corresponding heart rate and oxygen percentage showing in digital form. This technology is being used everywhere from the physician’s office to intensive care units. You may be surprised to […]
Over the last 12 months, the U.S. Food and Drug Administration (FDA) has issued multiple recalls for anesthesia machines from multiple vendors. These FDA recalls were initiated by the manufacturer due to some type of defect that violates FDA regulations. Most of these recalls fall under FDA recall classification Class II. The FDA categorizes medical […]
(This is the first installment of a six-part series examining the role of clinical evidence in capital planning.) In the old world of fee-based care, healthcare systems too frequently viewed capital investments as one-time decisions, largely determined by what they could afford at the time. Providers would determine the going rate for a procedure, and […]
In a study recently published by Crowe, a public accounting, consulting, and technology firm, the top compliance challenges facing hospitals in 2019 are physician contracting, non-physician contracting/supply chain agreements, and compliance with the Health Insurance Portability and Accountability Act (HIPAA). The analysis summarizes assessment of 3,000 risks across more than 250 hospitals, health systems, physician […]
According to statnews.com, there have been at least 100 hospital mergers and acquisitions annually since 2014. It’s a trend that’s sure to continue as hospitals look to gain efficiencies of scale and gain control over the entire continuum of care through acquisition of physician groups and ancillary services like home health. This efficiency drive is […]
