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4 min read
Before we kickoff the final post of our strategic cost management series, let’s take a quick detour. Imagine you are the winner of a DIY contest at your local hardware store. You have just won all of the materials you need to update your bathroom,...
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In healthcare, benchmark studies and productivity reports are the gold standard for leaders looking to make their facilities more efficient, provide patients with better care, and achieve cost savings. However, if you’ve ever spent countless hours...
3 min read
There’s something to be said about an organization that’s stacked with long-term employees, especially in the healthcare sector. Healthcare workers with more than 10 years of employment at the same organization are invaluable, yet becoming more and more...
4 min read
Median hospital operating margins were negative in the first quarter of 2022. Kaufman Hall called it a perfect storm of converging threats: skyrocketing labor costs; decreasing patient volume; lower revenues. Hospital labor costs alone were 37% higher in...
4 min read
In the healthcare IT industry, choosing the right partner for your next hardware rollout is no easy feat. Not only do you want to make sure you’re getting the best deal and stellar customer service, but it’s important that you trust your partner as well....
4 min read
When President Obama was in office, he promised to make quality, affordable health care a right. Healthcare.gov was the access point built for millions of Americans to access this right, at a cost of more than $700M. Yet when Healthcare.gov launched in...
3 min read
Is your IT ‘partner’ acting like a one-night stand? Challenge them to commit to a strategic relationship and be ready to move on if they don’t.
3 min read
Medical carts have become indispensable extensions of healthcare technology. Any cart defect, damage, or malfunction that slows down the caregiving process and keeps clinicians from doing their jobs creates dissatisfaction that can affect caregivers,...