by Kelsey Cabral | Mar 28, 2023 | Contingent Labor
Long-term acute care hospitals (LTACH) provide acute and post-acute care to clinically complex individuals who have multiple acute or chronic conditions and need care for relatively extended periods—more than 25 days, on average. Therefore, they need a total workforce...
by Kelsey Cabral | Mar 27, 2023 | Contingent Labor
In healthcare, workforce scheduling is more complex due the intricate needs of patient care roles. Open roles can include registered nurses, licensed practical nurses and patient care technicians, who provide dialysis treatments to patients is critical and complex for...
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...