Excelforce Human resource managers in the healthcare industry face persistent challenges across numerous aspects of the industry. Based on multiple studies conducted in 2017 and beyond, Excelforce identified five key areas of difficulty in the healthcare space. Issues including high turnover, ACA compliance, medical staffing, labor and payroll costs, and difficulty with training and certification continue to cause disruptions in …
Supply Chain Management Issues Cost Hospitals Billions
Healthcare Dive According to a 2018 study of over 2000 hospitals, wasteful spending and supply chain mismanagement are responsible for billions in losses across the American healthcare system, with year-over-year percentages getting dramatically worse. Navigant reported that in 2018, hospitals spent $25.7 billion on unnecessary supplies and associated operations, an 11.8% increase over the previous year, while also missing critical …
Americans Tend to Lack Healthcare Finance Literacy
Forbes A recent survey conducted by Polygenius has yielded some disappointing results about American understanding of healthcare finance, their own insurance policies, the broader context of how the U.S. system works, and even the ability to identify basic portions of the Affordable Care Act. Despite a global pandemic and an election season that included healthcare related talking points, the survey found …
