by Kelsey Cabral | Mar 22, 2023 | Contingent Labor
Hospital operating margins are far too low right now. Most have steadily declined since the pandemic began, and the American Hospital Association projects 2022 margins will be 37% below pre-pandemic levels. More than half of all hospitals (53%) are expected to have...
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 | Feb 23, 2023 | Contingent Labor
Nurse staffing experts explain how a robust, tech-enabled internal agency model drives stronger employment engagement, satisfaction, and commitment to quality. HAUPPAUGE, N.Y. (Feb. 23, 2023) – As a growing number of nurses leave full-time hospital employment for more...
by Kelsey Cabral | Nov 17, 2022 | Contingent Labor
The Einstein II VMS platform delivers the industry’s most advanced features and automation for more efficient, effective, and strategic healthcare staffing. HAUPPAUGE, N.Y. (November 17, 2022) – Hallmark Health Care Solutions (HHCS), a leader in healthcare technology...
