Employee engagement remains a challenge for many companies and across many industries. Plenty of businesses know to pay close attention to the opinions and behaviors of their customers, yet don’t extend the same listening ear to their staff. Studies repeatedly show that employees who feel heard, valued, and involved in decision making are more engaged, more productive, and over the …
Medical Waste and the Rising Healthcare Costs
Minnesota Nurses Association Medical waste in hospitals, nursing homes, and beyond is a contributing factor to the record high costs of healthcare in the United States. Hospital spending accounts for approximately 32% of overall costs, and increasing evidence identifies wasted supplies as a driver of expenses that are passed on to patients. These issues go well beyond just hospital waste, …
Healthcare Finance Leaders Seek Automation
A survey conducted by Alpha Health found that roughly 92% of respondents think automation tools would greatly improve their ability to manage revenue cycles. Administrative costs are a driving factor of this opinion, as are the standardize, repetitive tasks that occupy a significant portion of staff working hours. Many leaders find themselves using a cobbled together set of technological solutions, …
Calculating Employee Turnover
Understanding employee turnover is an important metric for any business. Average rates vary across industries, and there are myriad factors at play, but having a way to calculate the rate at which staff leaves can shed light on potential issues – and help businesses of all kinds plan for the future. A particularly high rate, especially compare to others within …
