Data shows expenses continue to outpace revenue for nonprofit hospitals
Fueling the trend are lower reimbursement rates, a shift to outpatient care and growing merger and acquisition activity.
The 5 lowest-value care services and what providers can do about them
Expensive branded drugs, diagnostic testing and imaging prior to low-risk surgery and population-based vitamin D screening, all make the list.
Labor budget increases, staffing shortages loom large for healthcare executives in 2019
Majority of execs said they face increases in their labor budgets and staffing shortages are worse this year than last.
It’s tax fraud season for doctors, again
September is the start of the annual tax fraud sales season. As doctors are aggressively pursued with a variety of tax savings plans that make big promises, knowing what you are buying and who you are dealing with is vital.
Five ways pivot tables improved our bottom line
My favorite analytic tool in Microsoft Excel is called the pivot table. Rather than relying on the confusing and canned reports provided by our practice management system and EHR, I can use pivot tables to see the data I want to see, sort the data how I want to sort it, and produce actionable and meaningful reports.
New Walking-Working Surfaces Rule
The State of Michigan adopted the new federal OSHA standard pertaining to walking-working surfaces earlier this year. MIOSHA’s Part 2. Walking-Working Surfaces applies to all general industry workplaces in the State.
Improving Resident Retention Rates with Social Media
The bottom line for an effective social media presence is simple: the more communication you have with your residents, the better. Your social media channels have the potential to provide renters with the modern and memorable customer service they seek and can go a long way in retaining your current residents! With all your engagement documented and displayed online, taking care of your current renters is also synonymous with generating new leads for your community.
Data Protection Regulation: What It Means for Your Apartment Community’s Privacy Policy
Due to the Internet’s global reach, the GDPR essentially affects everyone, regardless of location. For this reason, American businesses are just as responsible for upholding regulatory practices as their European Union-based contemporaries.
Financial Dilemmas
Better definition is needed for what qualifies as workforce housing—along with expansion of financing options. But growing interest is resulting in some solutions.
Top 5 “Kid Friendly” Amenities for Apartment Communities
This may be a game changer when it comes to “family friendly” communities. One of the most significant issues for families is finding quality child care close to their residence. Having an on-site daycare within your community solves many problems for working parents and could be a tremendous asset to your residents. We see partnering with a local daycare to open in a retail section of your community or underused space. You get a great tenant that genuinely adds value to your community, and your residents get a one-of-a-kind amenity.