Hospital costs are essential to understanding value-based care and are even more critical when analyzing cost-saving interventions during surgery. Past reports have found that 1 minute in the OR ranges in cost from $7 to over $100 per minute, depending on the location and surgeon.
Out of all hospital operations, operating rooms are one of the most costly areas. However, it is extremely difficult to pinpoint the true cost of OR operations. According to research from Stanford University School of Medicine, hospital administrators often ballpark $15-$20 per minute for a basic surgical procedure.