January 05, 2021 – As people sweep up the confetti and put long-stemmed glasses back in the cabinet after New Year’s Eve, many emergency department providers are coming home after a busy night.

The hours between the end of one year and the start of another are notoriously high-volume times for hospitals and health systems. Put that on top of already existing challenges created by the ongoing COVID-19 pandemic, and providers are finding themselves stretched thin this new year.

April 27, 2020

U.S. hospital spending on management consultants has been creeping steadily upward for decades. In the last three years alone, hospitals increased their investment in consultants from $45 billion annually in 2017 to an estimated $63 billion in 2019, according to Consultants.us. Typical engagements for a mid-sized hospital run in the neighborhood of $1 million a month – a hefty cost for organizations struggling to maintain already slim margins.

December 21, 2022

Finance departments have tended to view information system departments as budget breakers. But information system departments are contributors to other departments in an organization that drive profits.

October 15, 2020

October 13, 2022

Finance and IT experts shared trends, ideas and tactics at virtual event as Strata released new report on the state of the U.S. healthcare system

September 24, 2021

October 23, 2019

January 30, 2023

By Steve Lefar

It’s undeniable that the Covid-19 pandemic has changed the face of healthcare over the last few years. In addition to affecting patients and health systems everywhere, it has left a lasting mark on the day-to-day experience of hospital staff. As a result, labor shortages and rapid turnover have compounded to form one of healthcare’s most pressing crises – one that we can do more to understand and change.

February 29, 2016

June 28, 2022

Data from over 300 hospitals reveals contract labor as a percentage of total labor expense is approaching 6%