September 3, 2024


FACHE

How AI Can Unlock OR Revenue

Operating rooms stand at the forefront of innovation and efficiency. They are crucial to an organization’s financial health, generating up to 70% of a hospital's revenue and up to 40% of its expenses. Despite operational advancements, inefficiencies persist, leading to suboptimal use of resources and lost revenue opportunities. This is where AI can offer transformative solutions to optimize OR operations.

AI can analyze vast amounts of data to identify patterns and predict outcomes more accurately than the EHR or traditional methods. For instance, predictive analytics can forecast surgical demand and match it with staff availability or predict block time that will likely go unused. AI solutions can even display real-time views of the OR schedule for improved perioperative coordination and reduced administrative burden. This maximizes OR utilization and also minimizes downtime and delays, ensuring a smoother workflow and enhanced patient and provider satisfaction.

Moreover, advanced AI-powered tools now provide detailed insights into staffing needs, ensuring the right mix of skills is available when needed. This reduces overtime costs, enhances team efficiency and identifies training opportunities—critical gains given ongoing staff shortages and the high cost of labor.

To harness the power of AI, health systems must first conduct a thorough assessment of current OR operations and identify key pain points such as limited access to open block time, last-minute cancellations and resource underutilization. Collaborating with a partnership-oriented AI solution provider and engaging stakeholders from surgeons to administrative staff in the process can ensure buy-in and smooth integration. Training and ongoing change management are critical to leverage AI tools effectively.

Done right, embracing AI in surgical operations is not just a technological upgrade, it’s a strategic imperative. By addressing inefficiencies and optimizing resources, AI can supercharge your health system’s economic engine. To learn more about how you can improve your OR utilization to support staff, see more patients and generate ROI, download this case study booklet.

LeanTaaS, an ACHE Premier Corporate Partner, provided the content above.

HAP Summer Sale

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Members in the News

Jay Quebedeaux, FACHE, has been promoted to president, regional hospitals for Baptist Health, Little Rock, Ark. Read more about your peers making headlines in ACHE’s Members in the News.

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Resources for Board of Governors Exam Prep

If you’re on the final step toward earning your FACHE® credential, you’ll find plenty of resources to help you prepare for the Board of Governors Exam in Healthcare Management. The Exam tests your knowledge of healthcare management and your ability to apply it to real-world scenarios.

To begin your preparation, review the Exam Outline, which breaks down the different knowledge areas on the Exam by percentage and number of questions asked. To evaluate your level of skill, knowledge or competency in critical areas of healthcare management, use the ACHE Healthcare Executive Competencies Assessment Tool. This instrument can help identify areas of strength and those that may need additional skill development.

Additional resources to consider as you prepare include the:

If you’re still considering whether the gold standard credential in healthcare management is right for you, join us for one of our FACHE Overview Webinars. The next one is Sept. 12, from 1–2 p.m. Central time.

For more information about the FACHE credential, visit our website or contact the ACHE Customer Service Center at (312) 424-9400 or contact@ache.org.

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Last Chance to Run for Regent

The deadline to declare your candidacy to serve as a new Regent on ACHE’s Council of Regents—the legislative body that represents ACHE’s members—is Sept. 13. Serving as an elected official is a unique opportunity that allows you to exercise your leadership ability, share innovative ideas and support ACHE’s mission. The term begins March 2025 and ends March 2028.

To be an eligible Regent candidate, you must work and live in the Regent area you would represent and be board certified in healthcare management as an ACHE Fellow. Be sure to review the position description before applying. For more information on how to declare your candidacy, contact Jennifer L. Connelly, FACHE, CAE, vice president, Volunteer Relations, at jconnelly@ache.org.

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