Driving Value in Anesthesia Services: Strategies for Reducing Subsidies and Improving Performance

Location: Webinar

This session will describe the factors driving anesthesia subsidies; offer strategies providers can implement to reduce the amount of the subsidy and strategies to improve overall performance. Patient safety and productivity throughout the operating room hinge on getting anesthesia right. This realization is particularly meaningful for CFOs when one recognizes that, in many hospitals, the operating room is a major revenue generator. In the current market, anesthesia revenue is rarely sufficient to cover expenses, which has led most hospitals to support their anesthesia department financially with a subsidy to guarantee high-quality anesthesia coverage.  The anesthesia subsidy started to become prevalent in 2000, following more than a decade of decreasing anesthesia revenue as Medicare and private payers tightened reimbursement rates.

After this Webinar You will Be Able to:     
* Understand the factors influencing anesthesia subsidies in your organization
* Identify decisions with the greatest effect on these subsidies
* Create a plan to reduce your subsidies by looking at various staffing models
* Implement a provider model and compensation structure that meets the goals of your organization
* Identify strategies to improve overall performance of your anesthesia services

Tools and Takeaways
Five ways to improve anesthesia services
Provider models for delivering anesthesia services
Staffing model options for anesthesia services.
Speakers include, Todd Hofheins, CFO, Providence Regional Medical Center Everett, Marc Koch, MD, CEO, Somnia Anesthesia and Robert Goldstein, MD, CMO, Somnia Anesthesia.

Register for this exciting event today!

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