Workforce
The labor force is the largest cost center in the healthcare industry, and organizations are always looking for ways to manage it more effectively and efficiently.
Hospitals and healthcare systems are increasingly coming up with ways to keep their employees healthy and motivated to stay active with the hope that this message will resonate to their surrounding communities as well.
Kathy Love
Chief Executive Officer
Clark Regional Medical Center
Winchester, KY
In an era where healthcare organizations are expected to implement complex initiatives within the constraints of limited budgets, quantifying the efficiency and effectiveness of every function – including hiring – is essential.
Researchers predict the number of healthcare jobs will grow by 30 percent between 2010 and 2020.
January was a record month for healthcare merger and acquisition activity with 95 deals worth a combined total of $17.2 billion being transacted, according to a recent report from healthcare M&A data publisher Irving Levin Associates.
Near-term demand for healthcare workers is the strongest in San Francisco, Riverside/San Bernardino, Calif., and Denver, says Health Workforce Solutions LLC's Labor Market Pulse Index released today for Q1 2012.
Many U.S. not-for-profit hospitals and health systems will likely face increased pension funding needs in the next several years despite an improvement in funded status in 2011, according to a Standard & Poor's Ratings Services report released Monday.
As the shortage of primary care providers is becoming more of a threat to healthcare organizations, a new national program has been created to help identify primary care sites around the country that are using their workforce creatively in order to increase access, provide good quality care and create value at their institutions.
Primary care is in such a bad state. Only about 5% of graduating residents are choosing primary care mostly because primary care doctors can expect to earn $3.5 million less than a specialist over their lifetimes.