Block Smarter. Boost Revenue.

Posts about:

AI

4 Better Metrics to Improve OR Financial Performance at Ambulatory Surgery Centers

In the dynamic environment of Ambulatory Surgery Centers (ASCs), maximizing operating room (OR) utilization is crucial for enhancing patient care, accommodating more surgeons, and boosting financial performance. Traditional metrics, while helpful, often fall short of providing the nuanced insights needed for strategic OR management. Copient Health, at the forefront of Operating Room Utilization Optimization, proposes a shift toward a more sophisticated approach by focusing on four key performance indicators (KPIs). These metrics offer a deeper understanding of OR efficiency, enabling leaders and managers to make informed decisions that drive access, throughput, and financial success.

Read More
How AI is Revolutionizing Operating Room Utilization for Enhanced Efficiency and Profitability

How AI is Revolutionizing Operating Room Utilization for Enhanced Efficiency and Profitability

In the rapidly growing environment of ambulatory surgery centers (ASCs) and surgical hospitals, operating room (OR) utilization is a critical determinant of financial health and, ultimately, patient satisfaction. As a result, leaders in these facilities must constantly seek ways to optimize surgery block time utilization to maximize contribution margin and increase patient throughput. Artificial Intelligence (AI) stands at the forefront of this revolution, offering transformative solutions that promise to reshape how we approach OR scheduling and utilization.

Read More
A CFO's Blueprint for Increasing OR Revenue, Capacity, and Utilization

A CFO's Blueprint for Increasing OR Revenue, Capacity, and Utilization

Maximizing OR utilization is among the most pressing issues facing hospital CFOs and perioperative leaders today. It's easy to understand why: maximizing OR utilization also maximizes both patients' access to care and the resulting hospital revenue. The fact that the OR represents both the highest-cost asset to a hospital and the highest opportunity for revenue generation significantly increases the urgency to improve OR utilization. These factors, combined with the ongoing effects of the COVID-19 pandemic, make it critical that healthcare institutions seek innovative technological solutions to optimize OR operations.

Read More

AI in Healthcare: Understanding the Basics and Real-World Applications

With the recent emergence of ChatGPT and other AI-powered tools, the focus on using these tools in healthcare has increased. That’s not a problem if you’re a data scientist, but where do you start if you’re unfamiliar with how artificial intelligence and machine learning might impact your work? This post aims to provide a very brief, high-level overview of AI, with examples of how they might help in healthcare.  

Read More