by Kelsey Cabral | Mar 22, 2023 | Provider Compensation
The financial challenges facing the healthcare sector have never been so acute. For many healthcare organizations, revenue has been falling despite the steep increase in costs. As a result, bridging that divide is a top priority for medical groups. One way to move the...
by Kelsey Cabral | Mar 22, 2023 | Contingent Labor
With so many dire issues surrounding the healthcare workforce today – from severe labor shortages to unsustainably high labor costs – there’s never been a more important time for the Healthcare Financial Management Association (HFMA) to bring professionals together...
by Kelsey Cabral | Mar 22, 2023 | Contingent Labor
Due to nurse shortages, many hospitals are making hard decisions about which service lines to keep, pare back, or sunset. We’re seeing increased numbers of hospitals suspend or cut services, consolidate service lines, and/or convert units from one type into another....
by Kelsey Cabral | Mar 22, 2023 | Contingent Labor
Controlling labor spend Hospital labor costs can be staggering. They typically represent 50% or more of annual operating revenue; and at a large health system, that can add up to hundreds of millions of dollars (or more) every year. One powerful tool that many...
by Kelsey Cabral | Mar 22, 2023 | Provider Compensation
Today’s provider compensation process is one that is ever-changing, always challenging, and heavily dependent on great staff following strong processes. Many areas in healthcare have benefited from the tremendous impact of physician compensation technology in meeting...
