Say Yes to Greater ED Financial Success
Higher revenue is knocking on your ED door! Open up, and let it in.
Facts show that a significant number of ED patients in every hospital require surgery. If you’re unable to receive them or they’re sent by your LEMSA to another facility, you’re missing out on readily accessible income as well as your mission to serve the community.
Increasing your hospital’s surgical caseload not only directly adds dollars—and significant ROI when properly managed—but also launches a progression towards improved financial performance that resounds hospital-wide.
The sad fact is that in today’s ED many hospitals are forced to turn away patients with emergency surgical needs simply because they do not have the medical talent to provide appropriate care. While no hospital welcomes this, many believe they have no choice. Others assume that the cost of filling the staffing void will not justify the income generated, sending their finances in a downward spiral. They’re wrong.
Nothing could be further from the truth. Many hospitals have found that a well-managed surgicalist (think surgical hospitalist) program supports growth and delivers a host of other benefits experienced throughout the hospital.
For the uninitiated, surgicalists are board-certified or -eligible surgeons who lead on-duty contracted surgical teams, ensuring that quality care is available when needed.
These surgeons enable hospitals to welcome emergency and acute care surgical patients 24/7/365, opening the door to extending care through convalescence and follow-up, adding to hospital revenue.
Moreover, with a surgicalist program hospitals derive added financial benefits because they typically also take on more complex cases, boosting their CMI and adding to reimbursements. So too, the program can help to turn around the negative reputation that typically characterizes facilities known for long ED wait times and for turning patients away.
In turn, this enhanced reputation will typically attract more patients, likewise boosting income. This may enable hospitals to attract higher quality and more specialized staff as well as create a positive can-do, “Yes” attitude among existing staff. All this contributes to elevated performance on quality measures, further enhancing reputation and financial results.
In short, success leads to success once you establish a Culture of Yes.
Lynette A. Scherer, MD, FACS, CEO of SAMGI, which has specialized in building and managing surgicalist programs for over 25 years, notes that a surgicalist program often does represent a significant financial investment, but the ROI for a well-managed program clearly justifies the dollars spent by elevating a hospital’s profitability and performance to a whole new level.
SAMGI has been a leader in surgicalist programs and today continues to set the standard for surgicalist performance. Their programs have helped hospitals of every size nationwide leverage the surgicalist paradigm to deliver enhanced surgical care, deliver on their mission of serving their communities and boost profits by building a Culture of Yes. If your hospital is turning away surgical patients due to unmet staffing needs, say Yes to a conversation with SAMGI today. Click here to find out how a growing number of forward-thinking hospitals are leveraging increased emergency surgeries to create a culture that says Yes to financial success.