HR Morning During health plan open enrollment season, HR departments can take valuable steps to help reduce confusion and increase employee engagement according to an article from HR Morning. When automated tools and calculators fall short, providers can educate employees about available plans and options to help them make the best decision for their personal situation. Similarly, real-time responses and …
Preparing for Hospital Supply Shortages
D Magazine With ongoing effects of the COVID-19 pandemic, as well as challenges that exist outside of pandemic-related issues, hospital supply shortages persist across the industry. Providing expert insight from Isikel managing partner Valerie Vickrey, D Magazine looks at ways hospitals can proactively prepare for shortages in the future. Vickrey notes that consistent inventory review, utilizing domestic manufacturers, and determining …
Colorado Price Transparency Law Addresses Federal Shortcoming
Fierce Healthcare Colorado’s recent hospital price transparency law, which requires facility websites to provide detailed pricing breakdowns, also prevents hospitals and their agents from initiating or pursuing debt collection if their are not in compliance. This law goes beyond federal price transparency requirements, and lays the groundwork for other states seeking to enact similar patient protections. The law also provides …
Improving Healthcare Perceptions for Black and Latino Patients
HR Dive In a 2020 Behavioral Health Survey from McKinsey, results show that Black and Latino patients have negative perceptions about the healthcare industry. Some of these perceptions stem from negative personal experience, high costs, and difficulty with access, as well as beliefs that minority groups receive lower quality treatment than their white counterparts. To address these negative perceptions, HR …
A Unique Approach to Supply Chain from Stanford Health Care
HealthLeaders With a focus on communication, resiliency, and optimizing technology, the supply chain system of Stanford Health Care (SHC) is bringing a unique approach to the healthcare industry and providing a blueprint for how other organizations can improve their approach. Serving three hospitals and 96 clinics, the SHC system is led by Chief Supply Chain Officer Amanda Chawla, who sees …
Healthcare Spending Exceeds $3 Trillion
HealthLeaders In a 2022 report examining rising healthcare costs, ValuePenguin by LendingTree found that healthcare spending rose from $2.69 trillion in 2016 to $3.07 trillion in 2019. Stemming from higher premiums, copays, deductibles, and overall costs, much of this financial burden is falling to patients. A review from HealthLeaders identifies a variety of reasons for this increased cost/spending, from an …
