Benefits Pro Staff shortages remain an ongoing problem for hospitals across the healthcare industry, but some facilities are increasing retention by including child care as a component of employee benefits, particularly through hospital owned and operated child care centers. While accessibility and capacity create additional challenges, the increasing availability of these programs will likely help mitigate the rising trend of …
Hospitals Tackle Supply Chain and Staffing Shortages
U.S. News Hospitals and other healthcare facilities are facing ongoing financial and operational pressures stemming from a variety of factors. In the wake of this instability, U.S. News recently reported the myriad ways hospitals are addressing these issues. Noting technological solutions, policy changes, focus on staff wellbeing, and other strategies, the article acknowledges the complexity of the problems and the …
How Healthcare is Affected by the Inflation Reduction Act
Healthcare Finance Passed in August of 2022, the Inflation Reduction Act stands to impact several key areas of the healthcare industry. Outlined in a report from Healthcare Finance, these benefits include an extension of the Affordable Care Act, caps on medication out-of-pocket drug expenses for Medicare beneficiaries, and the ability for Medicare to negotiate drug prices. While some of these …
Healthcare Enterprise Integration Requires Leadership
Becker’s Healthcare Review In the continually modernizing healthcare environment, integrating technological solutions and platforms is both a necessity and an ongoing challenge. In a recent article looking at the systems commonly used and factors that lead to failed integration, Becker’s Hospital Review has noted key strategies that operations leaders can (and should) use to move their organizations toward transformative enterprise-wide …
California Insurance Access Impeded by Human Error and Computer Glitches
Healthcare IT News As many Californians seek health insurance through the state’s expansion of the Affordable Care Act, small errors continue to cause major setbacks for people in need. Small fluctuations in income can affect eligibility, but entry errors and computer glitches can cause major issues for individuals and families that should be eligible for coverage. Healthcare IT News reports …
AHA Reports that Hospital Acuity Contributes to Rising Costs
Healthcare Finance Consistent increases in hospital acuity over the past several years, in conjunction with inflation and staffing shortages, is a major contributing factor to rising costs of labor, drugs, and supplies, according to the AHA. Noting that both COVID and non-COVID hospital stays have increased in length by an average of 10%, including marked increases in stay length for …
