ANALYZING THE FINANCIAL AND OPERATIONAL SHIFT TO OUTPATIENT SURGERY CENTERS

NYU Langone's Department of Orthopedic Surgery has three
hospital sites: NYU Langone Orthopedic Hospital, NYU Brooklyn,
and NYU Long Island. The Department seeks to maximize operating
room utilization for total joint and spine cases as more procedures
are moved to the outpatient arena. The Capstone team completed
a literature review to understand national trends across the US and
build a foundation of knowledge on the subject, and conducted an
operational analysis of procedure utilization at each of the three
sites to determine each site’s volume and capacity, and which
surgical procedures can be done within a 24-hour stay. The team
also conducted a financial analysis to determine the potential
financial impact of moving procedures to an outpatient arena
while ensuring quality patient outcomes. The team’s final report
incorporates its operational and financial analysis findings along
with recommendations made to the steering committee.