Becker’s Hospital Review The ongoing COVID-19 pandemic has made healthcare finance an ever-evolving challenge. As 2021 unfolds and vaccine distribution continues, hospital finance professionals are preparing for a range of scenarios, including revenue loss related to recovering patient volumes and vaccine progress. Other noteworthy factors to consider for the future of healthcare finance as a whole stem from the vulnerability …
COVID-19 Leads to New Healthcare HR Approaches
HR Exchange Network Healthcare HR departments have been facing staffing challenges for years, but the ongoing COVID-19 pandemic is causing even more difficulty finding and retaining qualified personnel – as well as suffering morale for those working in the field. To combat these issues, HR departments across the healthcare industry are working to reframe recruitment, help current workers deal with …
Millions in Unused Operating Room Supplies Documented by Johns Hopkins Study
Johns Hopkins Medicine A 2014 study released by Johns Hopkins found that major U.S. hospitals discard a collective $15 million in unused operating supplies each year, and that such supplies could be better utilized to fill shortages, improve quality of care in other countries, and reduce healthcare costs. The study noted 19 specific supplies that most frequently went to waste, …
Hospital Finances Impacted by Widespread Unemployment
Healthcare Finance Healthcare facilities of all kinds, particularly hospitals, are struggling financially in the wake of the COVID19 pandemic. While broader economic trends don’t usually have too much of an effect on the healthcare industry, the current state of the nation is taking a heavy toll on hospital bottom lines. The driving factors stem from the mass unemployment created by …
Pandemic Leads to Healthcare HR Outsourcing
PR Newswire As mass digitization of healthcare systems continues due to the COVID-19, HR departments across the industry are leaning on outsourcing and cloud-based solutions to keep up with demand, and finding that pandemic-related disruption is causing them to rethink their relationship with both outsourcing and its pursuant technology. Nearly all surveyed respondents (96%) noted the importance of restructuring human …
