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Financial Analysis and Competitive Strategies for NORA

The scientific and technical principles that form the basis of anesthesia practice are transferrable to any location where patients require monitoring, analgesia, and hypnosis. Most growth seen in anesthesia services in the past decade has occurred in non–operating room anesthesia locations. Anesthesiologists are critical for the safe and efficient functioning of these locations. However, with the ever-increasing pressure to reduce total health care delivery costs, anesthesiologists need to understand some of the financial metrics that will be used to measure their contribution to these locations. Moreover, anesthesiologists must be willing to articulate the rationale for their presence in these areas: patient safety, patient comfort, and increased throughput, to name a few.