Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

    May 23, 2026

    7 Powerful Reasons IBM Quantum Computing Could Become the Next Big Tech Winner

    May 23, 2026

    Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market

    May 23, 2026
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • 5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026
    • 7 Powerful Reasons IBM Quantum Computing Could Become the Next Big Tech Winner
    • Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market
    • This Philly man has spent over $18,000 buying almost 100 Sixers-Knicks tickets for out-of-town basketball fans
    • Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation
    • EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt
    • Dunkin’ is making its return to the stock market – with a new twist
    • As Nvidia earnings draw closer, here are 5 things investors need to watch
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    • HOME
    • TOOLS
      • CURRENCY CONVERTER
      • RANKING TABLE
      • STOCK SCREENER
      • FOREX HEATMAP
      • ECONOMIC CALENDER
      • REAL-TIME CHART
      • FOREX SUMMARY
    • MARKET
      1. COMMODITIES
      2. REAL ESTATE
      3. CRYPTO CURRENCIES
      4. CURRENCY / FOREX
      5. ETF / RTF
      6. EQUITIES
      7. INDEXES
      8. View All

      Gold Climbs Above Key Technical Trend Line as Bullish Momentum Returns

      May 9, 2026

      “Investigating the Impact of Weather Patterns on Global Commodity Markets”

      April 10, 2026

      “The Influence of Political Instability on Gold and Other Precious Metal Prices”

      April 10, 2026

      Here’s how much money Iran can make charging tolls on one-fifth of the world’s seaborne oil

      April 9, 2026

      More Americans are buying homes to fit multiple generations: ‘It answered a lot of prayers

      May 11, 2026

      Although house prices are declining, Lennar notes that employment stability is now a top issue.

      March 21, 2026

      Optimistic Outlook Emerges as Rate Cut Hopes Ignite Real Estate Market Recovery

      January 24, 2026

      Why experts say that Trump’s prohibition on big investors like Blackstone purchasing homes won’t lower housing costs

      January 8, 2026

      Bitcoin Plunges Amid Iran-Israel Tensions, Global Markets on Edge

      April 29, 2026

      “Understanding the Impact of Cryptocurrencies on the Global Economy”

      April 9, 2026

      “Investing in Cryptocurrencies: A Comprehensive Guide for Beginners”

      April 9, 2026

      “Profiles in Crypto: A Look at the Top Performing Cryptocurrencies of 2022”.

      April 9, 2026

      According to a Goldman research, this is the point at which the 10-year Treasury yield poses a “clear problem” for equities.

      May 3, 2024

      This ETF from a 106-year-old company has outperformed competitors while staying away from the “Magnificent Seven” stocks.

      January 6, 2026

      ETFs with private credit have arrived. Why they might target your retirement account next.

      September 5, 2025

      Inside the 2025 ETF boom: “How do you manage it all?”

      September 5, 2025

      Challenges Loom for China’s Stock Market as ETF Experts Warn of Investor Hesitancy

      August 12, 2025

      European Stocks Plummet to Multi-Week Lows Amid Fed’s Hawkish Tone and Geopolitical Turmoil

      April 5, 2026

      Escalating Middle East Tensions Rattle Global Markets

      April 5, 2026

      Wall Street Braces for Downturn Despite Strong Private Payrolls Data

      April 3, 2026

      Asia’s Private Equity Landscape Faces Worst Q1 Slump Since 2015 Amid Economic Uncertainty

      March 25, 2026

      Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market

      May 23, 2026

      Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation

      May 15, 2026

      Stocks are walking a tightrope to fresh record highs – as a handful of names do most of the heavy lifting

      May 12, 2026

      More Americans are buying homes to fit multiple generations: ‘It answered a lot of prayers

      May 11, 2026
    • ECONOMY
      1. INTEREST RATE
      2. View All

      Global Credit Spreads Hit 2022 Low as Investors Chase Higher Yields Amid Economic Optimism

      January 26, 2026

      In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

      January 10, 2026

      A watchdog group says the IRS has only made “limited progress” in figuring out how often people making less than $400,000 are audited.

      September 3, 2025

      Like Trump, Kamala Harris wants to keep tip taxes low. Some people think the idea is “very silly,” and it doesn’t matter who comes up with it.

      August 19, 2025

      Powell’s legacy as Fed chair is fighting inflation and Trump. He may lose the battle against both

      May 12, 2026

      The unsinkable U.S. economy cruises on, despite headwinds from the Iran war

      May 11, 2026

      Trump Expected to Accelerate New Tariffs After Federal Trade Court Blocks Latest Plan

      May 9, 2026

      Why elevated U.S. tariffs could stick around for years — even after Trump leaves office

      May 1, 2026
    • NEWS
      1. ALL NEWS
      2. COMPANIES
      3. CURRENCY FOREX
      4. INDEXES
      5. View All

      This Philly man has spent over $18,000 buying almost 100 Sixers-Knicks tickets for out-of-town basketball fans

      May 15, 2026

      EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt

      May 15, 2026

      Here’s how much weight-loss drugs Wegovy, Zepbound and Foundayo cost — and how to pick the best GLP-1 for you

      May 1, 2026

      Sleeping Rough or Seeking Shelter? Supreme Court Faces Showdown Over Homelessness Fines

      April 29, 2026

      5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

      May 23, 2026

      Dunkin’ is making its return to the stock market – with a new twist

      May 15, 2026

      As Nvidia earnings draw closer, here are 5 things investors need to watch

      May 12, 2026

      Big Tech’s AI spending is depriving investors of juicy payouts

      May 12, 2026

      FOREX-Dollar Declines Amidst Asian and European Currency Surge

      January 24, 2026

      Goldman Sachs Warns of Potential Risks to European Stocks if Trump Secures Presidential Victory

      January 24, 2026

      China Securities Regulator Halts Restricted Share Lending in Move to Stabilize Stock Markets

      August 14, 2025

      Global Markets Wobble as China’s Evergrande Faces Liquidation, Federal Reserve Meeting Looms

      June 22, 2024

      India Bonds Make Waves Worldwide as Foreign Investors Rush In

      April 1, 2026

      TSX Futures Rally as Commodity Prices Surge Ahead of Bank of Canada Decision

      January 24, 2026

      Today’s Stock Market: US Equities Rise Once More, Fueled by Tech Sector Momentum.

      January 22, 2026

      Morgan Stanley and JPMorgan Advise Purchasing the dip Amid Treasury Sell-off Downturn.

      January 21, 2026

      5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

      May 23, 2026

      This Philly man has spent over $18,000 buying almost 100 Sixers-Knicks tickets for out-of-town basketball fans

      May 15, 2026

      EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt

      May 15, 2026

      Dunkin’ is making its return to the stock market – with a new twist

      May 15, 2026
    • LIST & RANKING

      Top CEO’s of the Year

      January 18, 2026

      The force behind the recent surge in stocks is Big Tech, not the Fed. What investors should know is as follows.

      June 16, 2024

      Top 25 Independent Advisors

      February 27, 2024

      The Most Profitable Businesses

      January 18, 2024

      The top 50 Canadian Firm

      January 18, 2024
    Donate
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    Home » This hospital consultant said, “Avoid having your operation on a Thursday.” This is his strategy to save lives and cut expenses.
    Companies

    This hospital consultant said, “Avoid having your operation on a Thursday.” This is his strategy to save lives and cut expenses.

    Eugene Litvak has a proven way to improve U.S. hospitals. If only they’d let him.
    March 6, 2025No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    im 644961
    Share
    Facebook Twitter LinkedIn Pinterest Email

    “A hospital is no place to be sick,” is a quote attributed to Samuel Goldwyn, a pioneering Hollywood producer and film studio mogul. Of course, you go to the hospital if you need to. Additionally, “Which day?” is the most important question to ask when arranging a surgical treatment.

    The American College of Surgeons estimates that 15 million Americans undergo surgery annually. Due to overcrowding in many U.S. hospitals, post-operative bed shortages and procedure delays are frequent occurrences. These setbacks are expensive for hospitals, draining for physicians and nurses, and even fatal for certain patients.

    For instance, a recent statewide research conducted in New York revealed that the number of scheduled procedures per day varied significantly more than the number of emergency hospital admissions per day. Elective surgery was another story. The majority of those operations took place on Mondays or Tuesdays, which led to overpopulation and overstretched care and resources.

    How might this issue be resolved? Instead than adding more beds, hospitals could schedule surgeries more carefully in order to enhance “patient flow.” It has been demonstrated that spreading out the surgical schedule over the course of a week reduces hospital expenses, patient death rates, overcrowding in emergency rooms, and nursing shortages and burnout.

    However, a lot of hospitals and surgeons are unwilling to adapt.

    Eugene Litvak has dedicated his life to persuading surgeons and hospitals of the advantages of expedited surgical scheduling. Litvak is the president and CEO of the Institute for Healthcare Optimization, a nonprofit organization based in Boston that advocates for hospitals to adopt the same strict operational management standards that govern any successful company. He is a staunch supporter who is dedicated to improving and changing the way hospitals provide medical care. Litvak’s 2013 Wall Street Journal opinion piece, “Don’t Get Your Operation on a Thursday,” is a noteworthy illustration of his argument.

    According to Litvak, who is also an adjunct professor of operations management at the Harvard School of Public Health, hospital bed occupancy varies throughout the week, experiencing highs and lows. Contrary to popular belief, scheduled admissions—primarily for planned surgery—rather than erratic patient arrivals at the emergency room are the primary cause of this bed occupancy instability.

    Author Mark Taylor’s latest book, “Hospital, Heal Thyself: One Brilliant Mathematician’s Proven Plan for Saving Hospitals, Many Lives, and Billions of Dollars,” explores Litvak’s life, research, and hospital logistics. Litvak discussed why hospitals are struggling with surgical scheduling, why this specific change is essential to enhancing U.S. healthcare, and what can be done in this MarketWatch phone conversation, which has been condensed for clarity and length.

    BW: It would seem obvious that this is a tried-and-true method for hospitals to serve patients while saving money. Research and case studies provide the evidence. However, there is opposition to your approaches in the healthcare sector, both public and private. Why?

    Litvak: Let me state the facts first. The adoption rate is extremely slow. And I’m guessing that’s because healthcare has been cost-plus reimbursed for a very long time. In essence, money has been used to solve every healthcare issue. Many people who make decisions about health still think that way.

    Let’s say you make $1 million a year. Then, it will suddenly be $200,000. You still have a $1 million attitude. At the hospitals, it is the situation. Many people still think that cost-plus reimbursement will return to its former glory.

    However, the margins of many hospitals are decreasing, and many are closing. This is in a nation where hospitals are essential.

    We ought to have the financial means to improve hospitals. Things would drastically alter if this issue arose in the manufacturing, banking, or airline industries. However, there are no financial incentives for the healthcare industry to do so.

    BW: Based on what you’re saying, it appears that the hospital sector can only grow.

    Litvak: A lot of this stems from their unwillingness to alter their perspective. To the best of my knowledge, just two sectors do not actively use operations management: education and healthcare. There are management, operations, research, and industrial engineering divisions in every other industry. Although it goes by numerous names, it is the same thing.

    Because, once more, there were no financial incentives for a very long time. And I can assure you that I would be the first to invest my money in for-profit hospital systems that use this technique.

    BW: Have you discovered any further implementation-related obstacles?

    Litvak: They just don’t know, which is one of the reasons. I was quite aback when I spoke to folks about things they were unaware of.

    The hospital’s leadership is the second factor. Hospital CEOs typically hold their positions for five or six years. Consequently, a new CEO will be appointed.

    A hospital CEO’s life is usually quite demanding. There are too many people in emergency rooms. Nurses are departing. Medical mistakes do happen. Stories about them are appearing in local publications. Therefore, after a long day, the hospital CEO is likely thinking about how lovely it would be to go fishing in Florida in a few years when they go to bed.

    Thus, another barrier to adoption in this case is CEO turnover. Why should I participate in an intervention that will take a few years to complete? Furthermore, politically implementing the action is not that simple. If my successor is the only one who would get the benefits, why would I become involved?

    If I were a surgeon, I would like to operate on Monday or Tuesday in order to have time to spare by the weekend. The hospital is under stress as a result.

    BW: The administration of a hospital and its physicians frequently clash, both financially and professionally.

    Litvak: Surgery is a hospital’s primary source of income. So let’s imagine ourselves as surgeons. Which day would I want to perform surgery if I were a surgeon? Presume that I must visit my patient the day following the procedure and possibly on a subsequent day. In order to be free by the weekend, I would want to operate on Monday or Tuesday.

    At the hospital, this leads to stress. As a result, throughput is decreased overall. Additionally, because surgeons might leave the hospital with their patients, some hospital administrators are hesitant to engage in these disputes with surgeons. The board would then terminate the hospital’s CEO due to declining profits.

    So where are these hospital executives mistaken? They are mistaken in their belief that manipulating surgeons is the best method to enhance hospital operations. That is just incorrect.

    BW: Therefore, the administration’s goal would be to persuade surgeons to support the procedure that is actually best for them. Regarding who genuinely supports this modification to medical protocols, you have made an intriguing observation thus far. The CEO isn’t the one.

    Litvak: The hospital’s top surgeons have not only encouraged but also started the majority of these surgeries.

    Here are some advantages for surgeons. Let’s say you have a route and I provide you two ways to guide the vehicles. Ten cars are sent in the first, followed by 120, 50, and 90. In the other, you connect the front of one vehicle to the rear of the vehicle in front of you. In what situation would I deploy additional cars?

    The second, without a doubt. Everyone would be using my road. What implications does this have for hospitals? First of all, it means that hospitals will operate as many surgeries as possible. Additionally, it would result in a higher salary for non-salaried surgeons.

    The placement of patients in the appropriate bed serves as an additional motivator for surgeons. Take the instance of Lewis Blackman, a young man, from November 2000. His surgery was originally set for Monday, but it was moved to Thursday so he could spend more time with his buddies.

    Despite the fact that the procedure was a huge success, hospitals were completely booked by Thursday. Lewis was so assigned to a bed in the pediatric oncology unit. He had an issue during the weekend, but the nurses there couldn’t figure it out. Lewis therefore passed away following a successful operation. He was fifteen years old.

    Because they are, of course, attempting to rescue patients, and because their lives may later be wrecked, surgeons are extremely sensitive to this. In order to ensure that their patient is cared for, some surgeons have been known to stay overnight if their patient is admitted to the incorrect ward. However, that was a long time ago. Nowadays, very few surgeons spend the night in order to rescue their patients.

    BW: Cincinnati Children’s Hospital in Ohio is cited in “Hospital, Heal Thyself” as an illustration of a hospital that effectively manages its surgeries. How did the management there get over the financial and professional barriers to this process?

    Litvak: Cincinnati Children’s former president and CEO, Jim Anderson, is not a medical doctor. He was on the board of directors of the hospital and worked in manufacturing. It began when he received an invitation to become president and CEO.

    One of the top doctors at the hospital has heard my talk before. Jim therefore asked me to assess the hospital’s patient flow and surgical scheduling practices. Jim invited me to assist the hospital in putting this strategy into practice after we presented our evaluation to him and the chiefs of surgery, anesthesia, and nursing.

    “No,” I replied. In response to Jim’s question, I said, “Because those people who are smiling at me now will create roadblocks.” Jim responded, surveying the room, “All right. For this study, I am now the principal investigator. And you give me a call personally if you run into any issues.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

    May 23, 2026

    Dunkin’ is making its return to the stock market – with a new twist

    May 15, 2026

    As Nvidia earnings draw closer, here are 5 things investors need to watch

    May 12, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Aeries Technology: A Global Professional Services Leader in Business Transformation

    June 10, 2024

    As Christmas sales break records, stock buybacks soar.

    December 5, 2025

    These are the 2024 Moneyist articles that got the most views.

    December 31, 2024

    These other stocks, along with Coinbase and Block, could join the S&P 500 in the next shake-up.

    December 6, 2025
    Don't Miss
    Companies

    5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

    May 23, 2026

    Why Ford Stock Is Suddenly Gaining Massive Attention Ford Motor Company stock is attracting major…

    7 Powerful Reasons IBM Quantum Computing Could Become the Next Big Tech Winner

    May 23, 2026

    Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market

    May 23, 2026

    This Philly man has spent over $18,000 buying almost 100 Sixers-Knicks tickets for out-of-town basketball fans

    May 15, 2026
    Stay In Touch
    • Facebook
    • Instagram

    Subscribe to Updates

    Get the latest Update

    Facebook Twitter Instagram

    BourseWatch

    • All News
    • Economy
    • List & Ranking
    • Market
    • News

    Recent Post

    • QIETSSI2T5KKTPZG6YWAQNTFGE
      5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026
    • images 3
      7 Powerful Reasons IBM Quantum Computing Could Become the Next Big Tech Winner
    • ai stocks rising graph screen 768x432 1
      Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market

    Subscribe to Updates

    Get the latest creative news from BourseWatch

    © Boursewatch. Designed by Asad Rizvi

    • Privacy Policy
    • Terms
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.