Ken Perez: Healthcare assailed by a labor crisis, with pharmacy technicians particularly affected
The healthcare sector lost more than half a million workers from February 2020 to September 2021, contributing to labor shortages in the sector. An often-overlooked yet important element in this trend is the acute shortage among pharmacy technicians, who play a vital role in the delivery of pharmacy services.
10 Building Blocks of Cost-Effective Health
A report from HFMA's 14th annual Thought Leadership Retreat.
Covenant Health sees a 4.6-fold ROI by automating workflows for philanthropic medical financial aid programs
Read about this solution that combines artificial intelligence (AI) with live, human patient advocates to find philanthropic programs, appropriately match and apply those programs to patients and convert uncompensated care to cash.
Omicron, swelling expenses characterize end of another challenging year for hospitals, physician groups
The nation’s hospitals, health systems and physician groups closed the second year of the COVID-19 pandemic amid ballooning expenses exacerbated by nationwide labor shortages and global supply chain challenges.
Omicron, swelling expenses characterize end of another challenging year for hospitals, physician groups
The nation’s hospitals, health systems and physician groups closed the second year of the COVID-19 pandemic amid ballooning expenses exacerbated by nationwide labor shortages and global supply chain challenges.
Cost-Reduction Strategies Boost, Sustain Recovery
Persistent pandemic conditions are forcing hospitals and health systems to stretch their thinking as they set strategic goals. They are adjusting to managing fluctuating levels of care along with addressing shifts in payer mix, consumers’ demands and increasing cost pressures. These changes, combined with the challenge of inconsistent patient volumes, is putting unprecedented financial pressures…
Newly released financial data show pandemic-related challenges intensifying for hospitals
Issues with expenses and unstable volumes hindered hospital finances and operations as 2021 drew to a close.
Hospitals need federal support to handle the ongoing staffing and financial crunch, industry leaders say
The hospital industry issued its latest plea for additional federal help to mitigate the financial and operational strain of COVID-19, including surging staffing costs.
Healthcare labor update: Employment data and research findings underscore ongoing challenges
As highlighted in new employment data and new studies, the healthcare labor market continues to constrain hospitals.
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.