Tag: Labor Costs

Health systems slash jobs amid mounting financial pressures

Editor's Note A recent report in Becker’s Hospital Review outlines six recent examples of hospitals and health systems laying off workers in response to deepening financial strain. In a separate report, the outlet listed 11 hospitals and health systems that received credit rating downgrades from Fitch Ratings or Moody’s Investors…

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By: Matt Danford
July 1, 2025
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Survey: Drug shortages impact hospital labor costs

Editor's Note Hospitals spent nearly $900 million in labor last year managing drug shortages, dedicating over 20 million hours to activities such as sourcing alternatives, updating systems, and communicating with care teams, according to a new Vizient survey published June 17. Conducted in late 2023 and detailed in Vizient’s June…

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By: Matt Danford
June 24, 2025
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Oncology hospital boosts efficiency with real-time 4-hour staffing tool

Editor's Note An adult oncology specialty hospital has significantly improved staffing precision and fiscal accountability by replacing traditional 12-hour staffing assessments with a dynamic 4-hour model, according to a May 16 article in Oncology Nurse Advisor. The tool allows nurse leaders to match resources to fluctuating patient needs in near…

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By: Matt Danford
May 28, 2025
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Scrubs to startups: Nurse entrepreneur turns Navy-taught leadership into consulting mastery

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The kind of Navy-taught leadership Brian Dawson, MSN, RN-BC, CNOR, CSSM, taps into is straightforward. “If you’re going to lead 3,500 people to move to the left when you need them to, you better know how to get them to see your goals as their goals,” he says during a…

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By: Tarsilla Moura
May 21, 2025
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Hospital support staff cuts raise risk of infection, delays in care

Editor's Note Although health system layoffs so far involve mostly non-clinical staff, the cuts nonetheless threaten both hospital operations and patient safety, according to a May 21 article in Modern Healthcare. As detailed in the article, thousands of nonclinical workers—such as those working in nutrition, janitorial, and sterile processing—have been…

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By: Matt Danford
May 21, 2025
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ASCA 2025: How accounting becomes an ASC revenue generator

Editor's Note Terry A. Bohlke, MSHA, CPA, CMA, CASC, emphasized that Rocky Mountain High Surgery Center is a pseudonym “to protect the innocent,” but the numbers he presented at the 2025 Ambulatory Surgery Center Association (ASCA) Conference & Expo in Denver last week were real enough. Based on actual scenarios…

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By: Matt Danford
May 6, 2025
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Tenet, HCA post strong Q1 results, but caution looms over policy uncertainty, outpatient trends

Editor's Note Tenet Healthcare and HCA Healthcare delivered robust first-quarter (Q1) earnings, bolstered by steady inpatient demand and operational discipline—but both hospital giants are treading carefully amid policy and market uncertainties, according to earnings reports covered by Healthcare Dive on April 28 and Trading View on April 29. Tenet reported…

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By: Tarsilla Moura
April 29, 2025
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Report: Health system margins shrink as hospital revenue grows

Editor's Note Operating margins for health systems declined across the US in early 2025 even as hospitals reported steady revenue growth, according to a February 27 report from Strata Decision Technology. The median operating margin for U.S. health systems dropped to 1.0% in January, down from 2.1% in December, marking…

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By: Matt Danford
March 4, 2025
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Healthcare CFOs prioritize cost control, data-driven decisions

Editor's Note Survey results reveal healthcare finance leaders expect limited financial gains in 2025 and are shifting their focus to operational improvements and cost management rather than margin growth. DotMed reported the news February 24. The article is based on a new report on a survey of over 100 healthcare…

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By: Matt Danford
February 27, 2025
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Providence Health strike ends with wage increases, staffing changes

Editor's Note Nearly 5,000 healthcare workers at Providence Health in Oregon secured substantial wage increases and improved staffing plans, ending a historic six-week strike that began January 10, according to a February 25 article in MedPage Today. According to the article, the strike involved eight RN bargaining units and marked…

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By: Matt Danford
February 26, 2025
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