Tag: Finance and Business Strategy

Various data highlight the ongoing labor challenges facing hospitals and other healthcare providers

The healthcare labor picture may be stabilizing in some respects, but hospitals and other providers continue to feel the squeeze. The industry added 58,200 jobs in January, including 10,900 at hospitals and health systems, according to preliminary seasonally adjusted data from the U.S. Bureau of Labor Statistics. That jump follows an average monthly increase of…

Nick Hut February 7, 2023

Norton Healthcare commits time, money to improving health equity

In June 2020, Norton Healthcare, the largest health system in Louisville, announced five imperatives to address health inequities, four of them being:   Start a health equity institute   Improve diversity in its leadership ranks  Educate its staff to advocate for health policy issues  Invest more money to address health needs in underserved areas  The remaining item…

Lola Butcher January 30, 2023

CVS Health pushes forward with efforts to reshape segments of the healthcare industry

About two decades after adding the first three MinuteClinics to its stores, in 2005, CVS Health continues to grow as one of the biggest disruptors in healthcare. The company has embarked on a series of strategic transactions that make it a major player across an increasingly large swath of the industry, as described this month…

Nick Hut January 27, 2023

Labor costs and other concerns dampen the outlook for not-for-profit hospitals this year

Insights from a leading credit-rating agency illustrate the scope of the financial challenges facing not-for-profit hospitals in 2023.

Nick Hut January 10, 2023

Reeling hospital industry shouldn’t anticipate a turnaround anytime soon

Amid persistent financial and operational turbulence for hospitals, it appears unrealistic to expect significant improvement in the near future.

Nick Hut November 1, 2022

Finance and Business Strategy

HFMA June 16, 2022

Hospital margins increased in November, but labor expenses remained a drag on finances

A skewed labor market continued to affect hospital finances in November even as operating margins improved from October.

Nick Hut January 7, 2022

Market disruption: How 4 healthcare leaders are dealing with it in their own organizations

This roundtable reviews disruptors and how some healthcare leaders deal with new entrants to the market, telehealth and the trend of care shifting to a nonhospital environment.

HFMA November 4, 2021

Research highlights ways to save more than $250 billion per year through healthcare administrative simplification

Savings can be generated at the organizational and healthcare industry levels through steps to reduce wasteful administrative processes, study authors wrote.

Nick Hut October 22, 2021

Study finds little correlation between market concentration and high healthcare prices

The findings have implications as policymakers consider ways to curb healthcare prices.

Nick Hut September 21, 2021
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