Hospital profitability declined for the first time this year during the month of June. Operating margins were down 1.88%, according to a new flash report from Kaufman Hall. Analysts blamed the decline on the inability of many hospitals to rapidly cut expenses to match a decrease in patient volumes.
Many managers have little faith in their employees’ ability to survive the twists and turns of a rapidly evolving economy. “The majority of people in disappearing jobs do not realize what is coming,” the head of strategy at a top German bank recently told us.
Flexible work schedules have been around for decades, at least since the U.S. Bureau of Labor Statistics began tracking data for them in 1985. However, 2018 may be the year that the topic of workplace flexibility finally crosses into mainstream awareness.
In today’s rapidly changing business environment, companies that rely solely on full-time employees are finding they have neither the skills nor the agility to sustain success.
Float pools were developed by Health Care Facilities out of necessity, addressing fluctuations in unit census and shortages in staffing whether caused by absences, vacancies or high acuity levels.
A recent report puts some hard numbers to the pressures skilled nursing facilities face — and offered a prediction of its own about the much-anticipated “silver tsunami.”
Hospitals will continue to feel financial pain stemming from the ongoing nursing shortage for the next three to four years, according to a new report.
Research shows that many more employees would opt for flexible work models if the offerings better met their needs and if they saw visible success stories.
Hospitals facing financial uncertainty have sought to reduce nurse staffing as a way to increase profitability.