Patty Enrado
Before 2008, Southwest General Health Center was exceeding its budget for total labor costs. The private, not-for-profit 354-bed facility implemented Kronos' workforce management and labor analytics tools by the end of 2007 and achieved $10 million annual labor cost savings for 2008.
The Obama administration estimates that making private payers with Medicare Advantage (MA) plans compete for services will generate $177 billion over 10 years – an amount that will help fund healthcare reforms.
Investors focused on healthcare information technology continue to face a bleak scenario of low company valuations, but they’re optimistic about healthcare opportunities in the federal stimulus package.
Healthcare information technology and innovation can drive fundamental changes in the U.S. healthcare system, said David Brailer, MD, former federal healthcare IT chief, at the Health Tech Investment Forum in San Francisco on Tuesday.
According to the latest Wage & Vacancy survey by the American Society for Clinical Pathology, half of all laboratories in the United States have difficulty hiring laboratory personnel.
The economic decline is continuing to pummel hospitals in the form of reduction of reimbursements, rise of uninsured patients and decrease in number of elective procedures for insured patients.
The healthcare industry broadly agrees that payment reform is key to healthcare reform, according to Tuesday's keynote speaker at the National Pay for Performance Summit.
While the nursing shortage has been a glaring problem nationwide for the last few years, the nursing faculty shortage may be an even bigger issue.
LifeMasters and Health Network One are implementing a financial incentive component to their South Florida Medicaid and Medicare demonstration project.
More than two-thirds of health plan executives responding to a CSC survey are worried that rising unemployment will negatively impact their small-group line of business.