The operating room (OR) is one of the most essential hospital roles. Hospitals can maximize patient care, effectively utilize resources, and enhance their financial success through ORs, leading to patient satisfaction, staff satisfaction, and productivity. Apart from improved patient care and satisfaction, one of the hospitals' key objectives is generating revenue that keeps their operations running. However, attaining the required revenue can be a challenge for health facilities. NexGen's … [Read more...]
Advanced Healthcare Analytics
For years, hospitals have generated large amounts of data, such as patient records, prescription fulfillment, insurance claims and admission statistics. However, only recently have tools become available to derive valuable insights from this data. As a result, stakeholders in the healthcare industry are now using analytics to optimize patient care and improve marketing efforts, driving a digital transformation in this sector. NexGen Surgical offers a suite of advanced healthcare analytics tools … [Read more...]
Effective Time Management in Healthcare
Time is a precious commodity for anyone who works in healthcare, especially surgeons. People’s livelihood depends on these experts, making it crucial for them to prioritize their daily tasks. Surgeons can’t afford to have an inefficient schedule, but several practices can help ensure they optimize it more efficiently. Time Management Tips for Surgeons Time management tips for surgeons include the following: Look at Your Long-Term Schedule Surgeons often struggle to look beyond the … [Read more...]
Increase Revenue by Improving Provider Utilization
Provider utilization is often mismanaged in surgical practices, resulting in inefficiencies and missed revenue opportunities. The efficient scheduling of providers and ORs is crucial for ensuring this doesn’t occur, but it requires a thorough understanding of the practice. For example, a practice may be unable to develop appropriate schedules without knowing key metrics like no-shows and cancelations. Importance of Scheduling Scheduling is always important for maximizing a surgical … [Read more...]
NexGen’s Surgical Practice Analysis
Prioritizing regular evaluations of your surgical practice is essential for maintaining profitability. It’s also crucial to increase surgical capacity, including expanding specialties. On the administrative side, practices should review processes such as reimbursement, procedure codes and fee schedules to ensure they remain relevant as the practice grows. NexGen partners with surgical facilities to help improve these factors to achieve our client's financial goals without compromising patient … [Read more...]
Common Questions Surgeons Ask Before Working in Rural Areas
We know how hard it is for surgeons to step away from the bustling urban practices that they have oftentimes built from the ground up. Change can be intimidating, especially when it involves unknown factors. As experts in rural medicine, we are here to share honest insights into what to expect when transitioning to a rural community hospital. The most common questions we get from surgeons before deciding to work in rural areas include: Will I Have Specialty Support? Most rural surgeons do … [Read more...]
