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VAC tip - Understanding Time versus Hospital Costs - Mark Copeland on BoneChat #35 short

20 Jul 2024 · 1 min

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Mark Copeland explains how a hospital's $60 million annual budget covers basic operating costs like lighting and staffing. Saving even 5 to 10 minutes per case eliminates overtime and reduces extra staffing needs, making small efficiency gains meaningful financially.

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$60 million to turn the lights on the year. That's their nut that they got to go sell through. But what do you think that $60 million is? It's turning the lights on, hiring people, running it. Turnover time. Yeah, it's all of that, right? And so people say, well, you know, they're here 5, 10 minutes, isn't that important? So I approach them differently and I say, is that a big deal? And they all say, oh my gosh, yeah, we can, we don't have to call people in. We don't have overtime. We don't— like, even if you don't get an extra case in, it's valuable. Oh my gosh. Yeah. Yeah. Well then why are you arguing with my 20 minutes not being valuable?