Meridian Health System is a nonprofit regional hospital network operating three acute care facilities in the mid-Atlantic, with 14 operating rooms across its flagship campus. Despite strong surgical demand and a waitlist for elective procedures, OR (operating room) utilization has averaged just 61% over the past 12 months, well below the 75% peer benchmark. The CFO has noted that each percentage point of lost utilization represents roughly $400K in foregone annual contribution margin. Alvarez and Marsal has been engaged to find out why, and what to do about it.

Meridian Health System is a nonprofit regional hospital network operating three acute care facilities in the mid-Atlantic, with 14 operating rooms across its flagship campus. Despite strong surgical demand and a waitlist for elective procedures, OR (operating room) utilization has averaged just 61% over the past 12 months, well below the 75% peer benchmark. The CFO has noted that each percentage point of lost utilization represents roughly $400K in foregone annual contribution margin. Alvarez and Marsal has been engaged to find out why, and what to do about it.

Meridian Health System is a nonprofit regional hospital network operating three acute care facilities in the mid-Atlantic, with 14 operating rooms across its flagship campus. Despite strong surgical demand and a waitlist for elective procedures, OR (operating room) utilization has averaged just 61% over the past 12 months, well below the 75% peer benchmark. The CFO has noted that each percentage point of lost utilization represents roughly $400K in foregone annual contribution margin. Alvarez and Marsal has been engaged to find out why, and what to do about it.