Labor Cost Management

Amid the COVID-19 pandemic, research finds hospital organizations looking to capitalize on the benefits of ‘systemness’

In a survey of hospital strategic planners, larger health systems were substantially more likely to report that their volumes had reached or exceeded pre-COVID-19 levels.

Nick Hut April 30, 2021

NFP hospital profitability plummeted in 2020 despite expense mitigation strategies, Moody’s reports

Profits were down in the not-for-profit and public healthcare sector in FY20, but management strategies helped to increase liquidity amid the COVID-19 pandemic.

Nick Hut March 30, 2021

Survey responses provide snapshot of the toll of the COVID-19 pandemic on hospital finances

A government-issued report used survey responses from hospital administrators to examine the impact of the COVID-19 pandemic on hospitals in various aspects, including finances.

Nick Hut March 30, 2021

Health system leaders state their case for prolonging the moratorium on the Medicare payment sequester

Hospitals and health systems urgently need Congress to extend the freeze on the 2% Medicare payment sequester, industry leaders said.

Nick Hut March 25, 2021

Hospital job losses continued in February and were greater in January than previously reported

Hospitals lost positions in February, but the biggest news in the latest batch of jobs data was a negative adjustment to January numbers.

Nick Hut March 8, 2021

January brings a halt to job gains for hospitals and the healthcare industry

January numbers form the U.S. Bureau of Labor Statistics show that hospitals and the healthcare industry lost jobs after several months of gains.

Nick Hut February 17, 2021

Hospitals share lessons learned from AI ‘workers’

Hospital finance leaders have found opportunity and challenge from their growing use of artificial intelligence within their finance operations.

Rich Daly January 22, 2021

How hospitals’ labor cost responses to the COVID-19 pandemic, differed and what the lessons learned mean for the future

The pandemic forced aggressive hospital cost controls to offset a historic revenue collapse. Labor cost control was key to that response and could see long-term implications.

Rich Daly November 23, 2020

Hospital finance leaders expect deteriorating payer mix, HFMA survey finds

Most hospitals expect their payer mix to shift in the next 12 months toward more Medicaid and individually insured patients.

Rich Daly November 2, 2020

Hoping to avoid being overwhelmed, safety-net hospitals urge COVID-19 prevention

Safety-net hospitals are urging the public to take COVID-19-prevention steps to keep from overwhelming the facilities.

Rich Daly October 28, 2020
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