Tag: Financial costs

Six low-cost solutions for improving staff retention

Editor's Note Severe staffing shortages paired with high labor costs are among the most significant challenges faced by hospitals today, according to responses from hospital executives in an October 18 KaufmanHall survey, HealthLeaders October 31 reports. The survey, named the 2022 State of Healthcare Improvement Report, shows that nearly half…

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By: Bridget Brown
November 7, 2022
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Report: Hospitals will likely experience the worst financial year in decades

Editor's Note On October 25, Health Affairs reported that healthcare systems continue to face challenges in a post-pandemic environment but are likely to have the worst financial year in decades, according to Becker’s Hospital CFO Report October 26. US hospitals saw fluctuations in operating margins in 2022 but are still…

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By: Bridget Brown
October 27, 2022
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Hospitals seeing worst margins since beginning of pandemic, Cleveland Clinic posts near $1B loss

Editor's Note In this National Hospital Flash Report, published in August 2022 by healthcare consulting company Kaufman, Hall and Associates, LLC, experts say “that 2022 is shaping up to be the worst year financially for US hospitals and health systems since the beginning of the COVID-19 pandemic,” Becker’s Hospital CFO…

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By: Tarsilla Moura
August 31, 2022
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Ramifications of unprofessional behavior on patients, staff

Lynn Webb, PhD, assistant dean of the Vanderbilt School of Medicine, Nashville, Tennessee, shared an anecdote about unprofessional behavior with attendees of the recent OR Business Management Conference in San Antonio, Texas. A nurse reported that a surgeon was performing a transverse colon resection, and at the appropriate point, they…

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By: Brita Belli
July 26, 2022
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