Survey Evaluates Hospitals’ Anesthesia Costs; Provides Benchmark for OR Efficiency
Aventura, FL. (May 21, 2013) ― Enhance Perioperative & Anesthesia Consulting (EPAC), a consulting firm that helps hospitals, health systems, and academic medical centers nationwide increase Operating Room efficiency, clinical quality and profitability, today announced its “Anesthesia Subsidy Value Index” is now available to healthcare organizations.
In order to offset declining reimbursement, many anesthesiology groups negotiate with hospitals to provide additional payment – or subsidies – to cover the requested Operating Rooms and specialty services. On average, anesthesia subsidies cost U.S. hospitals approximately $140,000/OR annually.
EPAC’s “Anesthesia Subsidy Value Index” survey, developed by board-certified anesthesiologists, allows hospitals to compare their anesthesia subsidy data against industry benchmarking standards. This data-driven report allows healthcare organization leadership to measure their facility’s actual subsidy drivers and determine the value gained from the current subsidy paid. The complimentary survey is available on the company’s website, www.enhancehc.com.
“To thrive in today’s healthcare environment, hospitals must be more efficient while simultaneously improving quality-of-care,” says Dr. Howard Greenfield, Principal of EPAC. “This tool is extremely valuable for hospitals. It provides the data they need to make informed business decisions.”
“EPAC helps healthcare organizations by evaluating their current OR service line and recommending cost-saving options,” says Dr. Robert Stiefel, Principal of EPAC. “Our Anesthesia Value Index offers hospitals a comparative frame of reference for the value they are receiving for their subsidy dollar. Those receiving poor value may have an opportunity to lower their anesthesia spend by evaluating the key drivers of anesthesia expenditures.”
About Enhance Perioperative and Anesthesia Consulting
Enhance Perioperative & Anesthesia Consulting (EPAC) helps hospitals, health systems and academic medical centers nationwide improve Operating Room efficiency, clinical quality and profitability. EPAC delivers solutions that address the OR as a whole and are organized into three areas: Anesthesia Improvement, OR Improvement and Perioperative Intelligence. EPAC teams are led by board-certified anesthesiologists who specialize in anesthesia group restructuring and transformation, subsidy reduction, performance benchmarking and contract negotiation. The company does not own or partner with a particular anesthesia management company, so clients get truly unbiased advice. EPAC helps healthcare organizations turn their OR and surgical service line into a competitive advantage. For more information, visit www.enhancehc.com.