FINANCIAL ANALYSIS OF TOTAL JOINT REPLACEMENT TECHNOLOGY

Surgical technologies at the NYU Langone Orthopedic Hospital continue to evolve and expand, allowing surgeons to have better accuracy and spend less time in the operating room. Robotic-assisted total joint replacement surgery has shown additional benefits, such as faster recovery times and improved patient outcomes and satisfaction. Long-term, these technologies can be cost-saving for a hospital. The Capstone team was tasked with providing a financial analysis of the implementation of robotic technology for total joint and spine surgeries at three client sites: NYU Manhattan, NYU Brooklyn, and NYU Long Island. The team evaluated operating room volume data, reviewed current and upcoming orthopedic technologies, conducted a SWOT analysis, and researched market trends. The team’s final report outlines recommendations to guide technological implementation at NYU Langone hospitals.