For health care facilities, time is money — and that is especially true in the operating room (OR). ORs often feel a lot of pressure for quick turnover times to help increase the number of surgeries they execute per day.
Recent Medicare legislation has been directed at improving patient care quality by penalizing providers for hospital-acquired infections (HAIs). However, asymmetric information prevents Medicare from directly monitoring HAI rates.
Hospital leaders must balance competing priorities on a daily basis. Improving the quality of care and increasing patient satisfaction are ever-present goals. At the same time, there is pressure to reduce costs and protect the bottom line.