SHRM Staffing shortages and difficulty finding qualified personnel remain leading challenges for healthcare HR systems, particularly in rural areas where the availability of specialists is few and far between. Looking to the causes of these challenges, SHRM has identified several major contributing factors – including burnout, retirement, and gaps in technological skills. To overcome these persistent problems, healthcare facilities of …
Expansion and Innovation in Medical Waste Containers
Open PR Data and predictions from the Global Medical Waste Containers Market Study identify increasing demand for medical waste containers, citing increased waste generated by the COVID-19 pandemic as well as growing awareness and mitigation of healthcare waste at large. Production of medical waste containers has expanded to meet demand, and is likely to continue to increase over the coming …
Healthcare Finance Trends: Past, Present, and Future
The George Washington University School of Business Understanding past trends is an essential part of working in healthcare finance. As guidance for those pursuing a healthcare-focused MBA, The George Washington University School of Business notes several past and present trends that are likely to continue into the future, including increase drug prices, the aftermath of the COVID-19 pandemic, and the …
Common Healthcare HR Challenges
Bamboo HR Even before the COVID-19 pandemic, healthcare HR has faced ongoing challenges. Across the industry, these issues have persisted through the pandemic as well. Bamboo HR highlighted four major problem areas in a 2019 article, and these concerns remain at the forefront of healthcare human resources in 2022. The most prominent issues are staffing shortages, turnover rates, employee burnout, …
COVID-19 Pushes Hospitals to Rethink Supply Waste
Supply Chain Dive Medical waste has been a major problem for healthcare facilities of all kinds since well before the COVID-19 pandemic, but with increasing demand for PPE and other equipment, concerns about waste have increased as well. The economic and environmental impact of medical waste, along with lessons learned while battling the pandemic, have led facilities across the country …
Hospital and Healthcare Spending in Review
Urban Institute Using detailed financial information, a report from Urban Institute looks at healthcare expenditures across a variety of factors, including state and local spending, federal spending, differences across states, and beyond. Looking primarily at data from 2018 and statistics from previous years, this report provides a powerful tool for comparison in today’s rapidly changing healthcare ecosystem.
Healthcare Systems Face Supply Chain Challenges and Changes
Michigan State University In a comprehensive review of supply chain challenges, changes, and strategies within the American healthcare system, Michigan State University cites a range of studies, expert opinions, and industry data to highlight major concerns. The review notes the unique nature of the healthcare supply chain, as well as the importance of accurate data collection and cost-saving initiatives. This …
California Bill Requires Hospitals to Maintain PPE Supply
Healthcare Finance A bill passed in California requires hospitals to maintain a 45-day supply of PPE, the nation’s first bill of its kind. Passed in late 2020, this law requires that “hospitals, skilled nursing facilities, dialysis clinics and medical practices that are part of an integrated health system” throughout the state stockpile an emergency supply of unexpired, unused PPE, as …
Finance and Reimbursement Initiatives Provides Competitive Edge
The Center for Health Affairs The Center for Health Affairs, an organization based in Northeast Ohio, is providing a variety of initiatives for area healthcare facilities. These initiatives are focused on helping finance and reimbursement professionals perform their duties more effectively, supporting the financial side of hospital operations that allow for better patient care. The initiatives help educate healthcare staff …
Hospitals are Rethinking Supply Waste in the Wake of Pandemic Costs
The Conversation Nearly a quarter of US healthcare spending is related to wasted supplies, a staggering figure estimated between $760 and $935 billion. The persistent COVID-19 pandemic has created increased financial pressure on healthcare facilities across the industry, leading to lower margins, reduced revenue, and even more supply waste. As this troubling information continues to emerge, many healthcare facilities are …
