According to the latest nonfarm payroll jobs report published by the Bureau of Labor Statistics, health care added 44,700 jobs, which exceeded our estimate of 40,000. The overall economy added 263,000 jobs last month, a slight increase over October’s 261,000. These results also exceeded the consensus ... READ MORE >
Along with community benefits, ESG efforts could reduce capital costs for health care providers
Health care executives and treasury departments may meaningfully engage in environmental, social and governance finance this year as we see ESG bonds and loans helping hospitals and health systems reduce capital costs in exchange for providers improving the health of their local communities—something they ... READ MORE >
Persistent labor shortages will challenge most health care providers: Spring 2022 outlook
The health care ecosystem continues to struggle with a depressed labor supply, a situation unlikely to abate in the near term. Health care organizations will be forced to explore new technology solutions to fill the human labor gap. Technologies like robotic process automation and descriptive ... READ MORE >
Labor challenges in health care are here for the long term
Labor costs and availability continue to vex hospitals and health systems. Even the large, publicly traded systems (HCA Healthcare, Tenet Healthcare, Universal Health Services and Community Health Systems) are not immune. Everyone is paying more for labor, if they can find it. By the numbers Last week ... READ MORE >
As startups in health care look to new revenue models, questions remain
After years of struggling with rising costs among health care providers, investors are looking to primary care providers as a way to reduce expenses, improve outcomes and enhance patient experiences, the so-called triple aim. This model isn’t new to health care, but the amount of cash being invested in ... READ MORE >
Anthem and Kroger to launch Medicare Advantage plan marking further shifts in health care delivery
Anthem Blue Cross and Blue Shield and Kroger Health are teaming up to offer a Medicare Advantage plan next year. Anthem is seeking to gain market share in the Medicare Advantage space, which is dominated by United Healthcare. Kroger undoubtedly wants to create more reasons for people to walk into one of ... READ MORE >
To solve shortage of nurses, first understand why they leave
As nurses’ critical role in health care rapidly evolves, they are becoming harder to find. A 2018 study published in the American Journal of Medical Quality estimated a shortage of 510,394 registered nurses by 2030. This shortage is driven by both supply and demand factors. On the supply side, the nursing ... READ MORE >
CHART OF THE DAY: Broadband expansion is the bridge to better health
Today is World Health Day. The World Health Organization's theme this year, “a fairer, healthier world,” could not be more timely for the United States. President Biden recently released a $2.2 trillion infrastructure plan, which includes a number of initiatives directly or indirectly related to health ... READ MORE >
Pandemic recovery signals new ways health care can serve and grow
Health care services are poised to lead the services recovery for the next two years, according to analysis from the UCLA Anderson School of Management. Not only will providers benefit from the return of pre-pandemic volumes, but the increasing likelihood of an endemic virus may present new ways for ... READ MORE >
CHART OF THE DAY: State disparity in mental health preparedness
We may be dealing with the mental health after-effects of the pandemic long after we’ve reached herd immunity. According to the United States Census Bureau’s Household Pulse Survey, the average share of adults reporting symptoms of anxiety or depression increased to 41.1% in January. That is a nearly ... READ MORE >