The Job Openings and Labor Turnover survey released by the government last week underscored continued tightness in the health care labor market through June. Health care organizations added 60,000 employees, after accounting for employee departures. Total job openings across the ecosystem increased by 10,000. Since 2014, total job openings in health care ... READ MORE >
Matt Wolf
When addressing nursing shortage, look to your own ranks first
The market for skilled workers, administrators and support staff remains tight in U.S. health care as providers struggle to fill jobs, particularly critical roles such as nurses. The numbers have not appreciably improved since the last time I wrote about this topic: Total health care job openings have remained around 1.1 million to 1.2 million since December ... READ MORE >
IMF cuts global growth outlook to lowest since 2009
The International Monetary Fund recently revised downward its forecast for global growth to 3.3 percent from 3.5 percent, the lowest level since 2009. Business executives, advisors, and other leaders must understand the fundamental changes that informed the revision and how those changes may impact their organizations. Before we dig in to the report ... READ MORE >
Biotech needs cash in hesitant market
Life science companies require a cash infusion at least twice as big as that of 2018 to fund research and development at a time when investors remain skittish, according to a Bloomberg analysis. The analysis suggests that over 100 biotech companies, including makers of oncology therapies and treatments for other life-threatening conditions, need to raise ... READ MORE >
Apple Heart Study should not dampen industry view of health tech
On March 16, Stanford researchers released results from the Apple Heart Study; this significant research project relied on data gleaned from some 420,000 adult Americans who agreed to wear an Apple Watch that monitored their cardiac rhythms to identify irregularities. The study, which used an iPhone app to enroll participants, left observers questioning ... READ MORE >