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The pandemic and its complex social and economic effects have dislocated the modern workforce. The problem is especially profound in healthcare, where nearly 1 in 5 workers quit their jobs during the pandemic and one-third of nurses plan to leave their current roles by the end of 2022.
COVID-19 continued to place a heavy financial burden on California’s hospitals through the second year of the pandemic, as they experienced financial losses of nearly $6 billion in 2021, more than triple previous projections.
The first month of 2022 was devastating for hospitals and health systems nationwide as they were hit full force by the Omicron tidal wave. COVID-19 cases and hospitalizations peaked at...
For more than a decade, hospitals, payers, and other healthcare stakeholders have experimented with moving healthcare payment from fee-for-service, volume-based contracts to arrangements that reward providers for the value of the care they provide.
Hospitals and health systems are feeling the full effects of the Great Resignation as labor expenses climb despite lower staffing levels. As a result, hospitals are paying higher wages to compete for qualified personnel. Read the Winter 2022 Kaufman Hall Report for strategies for improving recruitment and retention.
In a new Hospital Finance podcast episode, Kaufman Hall SVP, Erik Swanson, discusses the results of the January 2022 National Hospital Flash Report that looks at the financial performance of hospitals.
Hospitals and health systems nationwide closed the second year of the pandemic caught in a vise of rising volumes and ballooning expenses, as COVID-19 cases climbed to new highs and...
U.S. physician practices ended 2021 with sizeable gains in physician productivity and revenues relative to late 2020 performance, but mounting expenses and high levels of investments/subsidies required to support practice operations continue to be areas of concern.
Hospital Margins Drop for a Second Month as Labor Expenses Climb U.S. hospitals and health systems were hit with a second consecutive month of margin declines in October as mounting...
Physician activity came roaring back in the second and third quarters of this year, with physician productivity and revenues surpassing both 2019 and 2020 performance.
High numbers of high-acuity patients coupled with escalating expenses continued to stress the nation’s hospitals and health systems in September, according to the latest National Hospital Flash Report. Overall hospital performance declined across most metrics for the month.
Rising COVID-19 infections and hospitalizations from the hyper-transmissible Delta variant continued to deepen pressures on the nation’s hospitals and health systems in August, according to the latest issue of Kaufman Hall’s National Hospital Flash Report.