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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.
A nationwide shortage of healthcare workers made worse by the pandemic, and hospital and health systems’ increased reliance on contract labor, is driving expenses upward and contributing to steep declines in profit margins, according to a Special Workforce Edition of Kaufman Hall’s National Hospital Flash Report.
When it comes to equity, healthcare organizations face three different and very difficult challenges: health disparities among patient populations, income inequality in the healthcare...
Over the course of the last decade, the idea that healthcare providers need to be more consumer-centric has gradually become conventional wisdom.
Listen to rating agency experts discuss the pandemic’s continued financial impact on hospitals including labor challenges and volume trends.
In February, U.S. inflation as measured by the Consumer Price Index grew 7.9% year-over-year, the highest increase in four decades. The factors influencing the current inflationary...
March is National Colorectal Cancer Awareness Month. I didn’t need a calendar reminder to start me thinking about this disease. At this moment, I am recovering from ostomy surgery, the...
With the need for further cost savings to ensure long-term financial viability, university leadership makes difficult decisions on underperforming programs.
Andrew Philippi is a Vice President in Kaufman Hall’s Strategic and Financial Planning practice. His areas of expertise include financial modeling, operations finance, valuation, financial and operational benchmarking, and mergers and acquisitions.
A googol is a 1 followed by 100 zeros. There are bigger numbers, and words for those bigger numbers, but a googol is as large a number as I am likely to need. In fact, the number of...
SVP, Lisa Goldstein, shares what she learned about hospitals, healthcare, and the not-for-profit mission from her breast cancer journey.
Kaufman Hall co-founder and Chair Ken Kaufman and Senior Vice President Lisa Goldstein—formerly a longtime not-for-profit hospital ratings analyst for Moody’s—recently explored the evolving perspectives of healthcare leaders on how to best balance credit ratings with other key strategic imperatives, including the rising importance of health equity