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Healthcare Employment Faces a Long Recovery After Pandemic

Healthcare job wages have seen an increase since February of 2020. Average weekly wages increased by 10.8 percent from $1,037 before the pandemic to $1,148 in October 2021. Industries that were the quickest to recover from employee drops have seen the slowest wage growth since February 2020, such as physician offices at 5.6 percent. Tagged.

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URL: https://www.revcycleintelligence.com/news/healthcare-employment-faces-a-long-recovery-after-pandemic

The Role of Finance, Revenue Cycle in Advancing Health …

WebWith the help of healthcare finance leaders, health equity strategies can evolve to the next level to make a real impact on organizations and patients. Advancing …

Category: Health Go Health

Exploring Key Components of the Healthcare Revenue Cycle

WebAugust 21, 2017 - The healthcare revenue cycle encompasses “all administrative and clinical functions that contribute to the capture, management, and collection of patient …

Category: Health Go Health

CHI Franciscan, Virginia Mason Complete Healthcare Merger

WebJanuary 07, 2021 - Seattle, Washington-based Virginia Mason and CHI Franciscan based in Tacoma, Washington have announced that a healthcare merger deal is complete. The …

Category: Health Go Health

Breaking Down the Top 5 Healthcare Revenue Cycle KPIs

WebNovember 14, 2023 - Healthcare organizations need to understand financial performance to maintain access to high-quality, cost-efficient care — a level of care that is central to both …

Category: Health Go Health

Exploring the Role of Supply Chain Management in Healthcare

WebDecember 28, 2022 - Cutting healthcare costs has become a mantra for many hospitals and physician practices, especially as payers start to tie claims reimbursement amounts to …

Category: Health Go Health

How Healthcare Mergers, Acquisitions Impact Practice Management

WebMay 06, 2022 - Healthcare mergers and acquisitions further industry consolidation by combining two or more healthcare companies, hospitals, or physician practices. …

Category: Health Go Health

27% of Adults Face At Least One Healthcare Affordability Challenge

WebNovember 07, 2023 - Healthcare affordability is significantly impacting low- and middle-income families, but healthcare financial strain is becoming a more widespread issue for …

Category: Health Go Health

Hospitals Increase Recruitment Strategies Amid Workforce …

WebOctober 18, 2022 - Hospitals and health systems have increased their recruitment and retention strategies as workforce shortages and high expenses continue to be top …

Category: Health Go Health

Reimbursement News

WebReimbursement News and Tips for Healthcare. April 12, 2024 - CMS’ procedures for setting Medicare rates for clinical diagnostic lab tests could improve for …

Category: Health Go Health

Hospital Outpatient Revenue Growth Contributes to Positive Margins

WebOutpatient volumes at the average health system grew by 29.9 percent, from 373,266 per month in January 2022 to 484,857 per month in May 2023. Over the same …

Category: Health Go Health

Understanding the Fundamentals of Accountable Care Organizations

WebAccountable care organizations promote higher care quality at lower costs while shifting risk to providers, making the model a staple of value-based care. Source: …

Category: Health Go Health

How Providence Is Overcoming a Top Value-Based Care Challenge

WebNovember 29, 2021 - Providence St. Joseph Health has been at the forefront of delivering high-quality, affordable care to patients. Value-based care is a vital pillar of the health …

Category: Health Go Health

Financial Risk Sharing in Healthcare Improves Quality, Costs in CA

WebBy Jacqueline LaPointe. April 26, 2019 - Financial risk sharing in healthcare led to total costs of care being 3.5 percent lower in 2017, reveals the third edition of the …

Category: Health Go Health

Key Ways to Improve Claims Management and Reimbursement in …

WebApril 12, 2016 - Reimbursement is changing in healthcare. Even before elements of the Affordable Care Act began to go into effect, a growing focus on value- based care versus …

Category: Health Go Health

25% of Total Healthcare Spending Attributed to Waste, Study Finds

WebResearchers from Humana and the University of Pittsburgh School of Medicine estimated wasteful healthcare spending for each of the six domains: Failure of care …

Category: Medicine Go Health

Private Equity Ownership of Rural Hospitals is Growing, Report Finds

WebBy Victoria Bailey. January 30, 2023 - Private equity firms own at least 130 rural hospitals, raising concerns about care quality, staffing levels, and financial pressures at these …

Category: Health Go Health

News Archive for March 2019

WebSlow Down Cuts to Medicaid DSH Payments, MACPAC Tells Congress. Hospital Profitability Up Despite Volume, Expense Challenges. Costs of Hospital-Associated Sepsis …

Category: Health Go Health

$21M Settlement Resolves Healthcare Fraud Accusations for OH …

WebJuly 09, 2021 - Akron General Health System (AGHS), a hospital system in Ohio owned by the Cleveland Clinic Foundation, reached a civil settlement and agreed to pay $21 million …

Category: Health Go Health

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