Hospitals’ forecast for the second half of 2021 is full of uncertainties, thanks to the unvaccinated and the fast spreading Delta variant. The unvaccinated impact stretches across all areas of a hospitals’ balance sheets and will likely hurt margins in the near- and medium-term. The expectation for the year was that vaccines were going to…
The healthcare industry claims it is in favor of price transparency, but in reality, the industry has fought hard any attempts to unlock the black box of prices. The regulation in question, finalized last November, requires plans and companies that are self-insured to make prices and out-of-pocket costs available for 500 items by Jan. 1, 2023. That…
Going after Kaiser Permanente, a company that many view as the gold standard for Medicare Advantage, indicates the problem may touch almost every corner of the industry. The lawsuit alleges Kaiser Permanente knowingly made its Medicare Advantage patients look sicker than they were, to obtain more money from the federal government. These allegations, which come…
Insurers and employers are not able to negotiate lower prices with hospital systems or establish smaller networks they believe deliver greater value when 1 or 2 healthcare systems are the only ones that own nearly all clinics and medical practices. These mergers have raised cost by as much as 50%. A new executive order, that…
What solutions are then available to improve the nursing shortage? (continued) Let us discuss the Group 2 recruitment and retention practices. I will end this series with a discussion on retention. Let us start by stating the obvious, in a market with a large labor shortage there is a high premium on retention. Staff retention…
What solutions are then available to improve the nursing shortage? (continued) Let us continue the discussion of the Group 2 recruitment and retention practices. This next strategy is probably one of the most important ones that I can offer. The nursing shortage requires adding foreign educated nurses (FEIN) into their recruitment pools as a long-term…
US Nursing Shortage (PART VII) What solutions are then available to improve the nursing shortage? (continued) Let us continue the discussion of the Group 2 recruitment and retention practices. If the shortage projections hold, the next decade will leave no choice but to look beyond the traditional employment setup. This means: Continue to tap into…
What solutions are then available to improve the nursing shortage? (continued) Let us discuss the Group 2 recruitment and retention practices. If you want to fill more positions, get better quality candidates, and decrease the time to hire, there is more to it than a great recruitment software. Here are some of the best recruitment…
