Connect with us

Technology

The Cost Crisis: Strategic Perioperative & Procedural Care Solutions for Hospital Leaders

Published

on

CHICAGO, March 26, 2025 /PRNewswire/ — With a growing number of hospitals expected to operate at a loss this year, controlling perioperative and procedural care costs is no longer optional—it’s essential. Operating rooms generate a majority of hospital revenue, yet inefficiencies in scheduling, supply chain management, and anesthesia coverage are steadily eroding margins.

As hospitals navigate mounting financial pressures, many struggle to optimize costs without sacrificing quality or patient access. Thoughtful cost management strategies—rooted in data analytics, operational best practices, and physician-led decision-making—can help hospitals reduce waste, improve OR utilization, and strengthen long-term financial sustainability. Surgical Directions recommends five key strategies.

Key Strategies for Sustainable Cost Management

Leveraging Data for Smarter Decisions
Hospitals that integrate predictive analytics into OR management reduce unnecessary spending and improve case efficiency. Using real-time data to optimize scheduling, reduce idle time, and eliminate waste improves both OR utilization and financial performance.

Optimizing Supply Chain Management
With supply costs making up a significant portion of OR expenses, inefficiencies in procurement and utilization can severely impact margins. Technology-driven inventory tracking, preference card standardization, and targeted waste reduction can:

Reduce expired/obsolete supplies by 3–5%

Optimize inventory by 15–20%

Lower supply costs through standardization by 3–5%

Improve charge capture by 2–3%

Restructuring Block Scheduling for Higher Utilization
Many hospitals struggle with suboptimal OR utilization, often below 60%. Implementing governance models that enforce utilization thresholds and restructure block allocation ensures operating rooms are fully booked with productive cases, boosting both efficiency and revenue.

Reducing Anesthesia Coverage Costs
Rising anesthesia stipend costs—often driven by inefficient schedules and non-OR anesthesia (NORA) demands—can burden hospital budgets. Compact scheduling models and more efficient coverage strategies can reduce unnecessary expenses and improve alignment between anesthesia teams and hospital leadership.

Creating a High-Performing Value Analysis Committee
Hospitals often lack a structured method for monitoring supply usage, preference item variation, and contract performance. A well-functioning Value Analysis Committee (VAC) supports standardization, cost containment, and informed, data-driven decisions that sustain both quality and fiscal responsibility.

Why Partnering with a Healthcare Consulting Firm is Key to Financial Sustainability

Hospitals face immense pressure to reduce costs without compromising care. Yet internal teams often lack the bandwidth, tools, or experience to implement the transformative changes needed. A consulting partner with deep domain expertise and a track record of clinical and operational excellence can bridge this gap.

The right partner brings:

Unbiased, data-driven recommendations tailored to the organization’s needs

Advanced analytics tools that provide actionable insights

Benchmarked best practices informed by hundreds of real-world engagements

Clinical and operational experts who align financial goals with patient care

Structured frameworks for managing change without disruption

Surgical Directions stands out in this space. Led by physicians, anesthesiologists, nurses, and perioperative experts, we partner using a peer-to-peer model with our hospital teams—not just as consultants, but as collaborators. With over 25 years of experience, a portfolio of more than 500+ hospitals served, and proprietary tools like Merlin™, our analytics platform, Surgical Directions offers end-to-end solutions throughout the perioperative process, including anesthesiology, surgical services, supply chain, sterile processing, scheduling, governance, and staffing, that drive measurable, sustainable results.

Proven Results

Hospitals that implement strategic cost management frameworks see:

5–10% reduction in non-labor surgical costs3–5% increase in OR case volume15–20% reduction in anesthesia subsidy costsMeasurable gains in staff engagement and surgeon satisfaction

Future-Proofing Hospital ORs

Hospitals that take a proactive, data-driven approach to financial and operational management are better positioned to withstand shifts in reimbursement, regulation, and patient demand. Strategic leadership in perioperative and procedural care is no longer a differentiator—it’s a necessity.

For additional insights into how to build financial sustainability through operational excellence, visit www.surgicaldirections.com.

ABOUT SURGICAL DIRECTIONS

Surgical Directions is a healthcare solutions company specializing in perioperative, procedural care, and anesthesia services. With a unique clinician-led model and proprietary analytics platform, Merlin™, the firm empowers hospitals to drive measurable improvements in access, efficiency, and financial performance. From supply chain optimization to governance redesign and central sterile processing, Surgical Directions delivers peer-to-peer partnership and clinical expertise that helps hospitals achieve their mission while improving margins. Learn more at www.surgicaldirections.com.

EDITOR’S NOTES / SOURCES

Fierce Healthcare. “More than two-thirds of hospitals expected to lose money in 2024.” Published January 2024.

Agency for Healthcare Research and Quality (AHRQ). “Operating rooms are responsible for more than 50% of hospital revenue.” Accessed 2024.

PubMed. “Operating Room Utilization and Financial Outcomes.” Accessed 2024.

Becker’s Hospital Review. “Hospitals cut anesthesia subsidy costs by up to 20% with scheduling optimization.” Published February 2024.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-cost-crisis-strategic-perioperative–procedural-care-solutions-for-hospital-leaders-302410999.html

SOURCE Surgical Directions

Continue Reading

Technology

LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

Published

on

By

Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/leap-group-relaunches-humanview-a-growth-intelligence-system-built-to-explain-why-customers-behave-the-way-they-do-302918557.html

SOURCE LEAP Group

Continue Reading

Technology

STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

Published

on

By

NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

Continue Reading

Technology

Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

Published

on

By

TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

Continue Reading

Trending