Strata Unites Over 2,400 Healthcare Attendees at LIFT22 Users Conference
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
Alleviating Healthcare’s Most Pressing Crisis: Labor Shortages
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.
Strata’s New Financial Forecast Guidance Report Provides Insight into Cost Inflation for Labor, Drugs and Supplies
June 28, 2022
Data from over 300 hospitals reveals contract labor as a percentage of total labor expense is approaching 6%
Moral Injury and Burnout in Healthcare are Becoming Everyone’s Problem
April 4, 2023
By Steve Lefar
Careers in healthcare were once sought after as prestigious, noble and well-paid, but I have witnessed how they have lost their appeal for many in recent years. This emerging workforce crisis is the result of factors like long hours, non-competitive pay, overall burnout and—while traditionally studied in the context of military personnel but now more commonly applied to those practicing medicine—moral injury.
The Current State Of The Healthcare System
How Service Line Alignment Can Improve Cost Savings for Health Systems
August 25, 2022
by Damian Chipriano, Director of Financial Services at Carilion Clinic
Improved Quality of Health Care Does Equate to Lower Costs - 4 - Retheme
November 4, 2016
STANDARD CARE PROTOCOLS WERE OBSERVED TO BE EFFECTIVE IN IMPROVING CARE QUALITY AND REDUCING COST IN A STUDY COMPARING QUALITY AND COST OUTCOMES WITH AND WITHOUT THE USE OF SUCH PROTOCOLS.
Over the past decade, hospitals have been implementing process and quality improvement programs using strategies proven in other industries to solve their complex challenges. A primary focus of these efforts has been to identify standard care protocols that can contribute not only to improved outcomes but also to reduced costs.
Finding the Root Cause of Cost Variation in Care Practices - 4 - Retheme
October 12, 2015
CentraCare’s goal to reduce costs while maintaining quality became a continuous effort, not a one-time initiative.
By uncovering variation in physician care, CentraCare Health has been able to identify millions of dollars in cost savings opportunities and become better equipped to achieve its ultimate goal: continuous cost improvement.