As Winter COVID Surge Arrives, Can Hospitals Account for the Labor Crisis?
As Omicron cases start to rise, we can use labor data to anticipate how the variant could impact health systems and continued staffing shortages. Read more!
Hospital Operating Margins Down 15% as Tight Competition for Healthcare Workers Drives Up Hourly Rates, According to Syntellis Performance Trends Report
CHICAGO – December 3, 2021 – The latest monthly report from Syntellis Performance Solutions — a leading provider of innovative enterprise performance management software, data and analytics solutions for healthcare organizations — released today finds that hospital operating margins are down 15% compared to October 2020 as factors such as The Great Resignation, supply chain issues and the long-term impact of the COVID-19 pandemic converge to drive up expenses.
7 Steps to a Successful Healthcare Strategy
If your hospital is seeking to grow but doesn't have a strategic plan in place, it’s time to start doing the valuable work necessary to create one. Read more!