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The Truth About Hospital Workforce Planning & Labor Costs

The Truth About Hospital Workforce Planning & Labor Costs

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...
Nurse Shortages: How to Minimize Impact in Your Health System

Nurse Shortages: How to Minimize Impact in Your Health System

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....
Is your nursing float pool underperforming? Here’s what to do

Is your nursing float pool underperforming? Here’s what to do

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...
7 Steps to Smarter Physician Compensation Technology

7 Steps to Smarter Physician Compensation Technology

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...
Provider Contracting: Why Standardization Matters

Provider Contracting: Why Standardization Matters

by Kelsey Cabral | Oct 20, 2022 | Provider Compensation

Managing provider relationships is complicated. From initial contract negotiations to ongoing compensation, healthcare organizations must wrangle an array of workflows, data, and regulations that can make everything slow and unwieldy. These roadblocks can make...
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