Hospitals are experiencing a dramatic increase in requests for financial support from their anesthesia service providers, a situation that has been exacerbated by the pandemic. The Enhance Healthcare database, which contains over 120 hospitals, shows the average subsidy per anesthetizing location skyrocket to $185,000 for contracts signed in the last 3 years, a dramatic 30% increase from the $132,000 per anesthetizing location the 3 years prior. This frequently puts total hospital subsidies in the millions or tens of millions of dollars in annual subsidy, enough to meaningfully impact the facility’s bottom line.
The 4 factors that affect anesthesia subsidies:
- Fair Market Value Compensation
- Required Staffed Anesthetizing Locations
- Anesthesia Staffing Model
- Anesthesia Revenue Cycle Performance.
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Dr. Howard Greenfield is a board-certified anesthesiologist with expertise in cardiac anesthesia, pain management, and healthcare consulting. A founding partner of Sheridan Healthcare, he led anesthesia operations at Memorial Regional Hospital and helped establish trauma and pediatric programs. He later served as VP of Business Development at Sheridan, expanding services nationally. In 2009, he co-founded Enhance Healthcare Consulting, where he’s spent over 13 years leading anesthesia and perioperative improvement initiatives across the U.S. with a data-driven, strategic approach.