And four more news items for hospital administrators, health system leaders, practice managers, and other healthcare executives to peruse this week.
- HealthLeaders Media tackles the topic of healthcare ridesharing. The multi-platform media company reveals how health systems are recovering lost patient revenues by eliminating obstacles to treatment access and decreasing operational costs through partnering with a ridesharing service that qualifies as non-emergency medical transportation. One health system states its partnership with Lyft resulted in a 32 percent cost reduction in transportation services, 30 percent shorter wait times for patients, and 80 percent patient satisfaction.
- A recent Healthcare Finance post highlights a Navigant/Healthcare Financial Management Association (HFMA) study of provider executives regarding labor productivity, staffing shortages, and operating expenses. The analysis indicates clinician shortages are challenging hospital leaders to decrease labor costs. Among its findings: 78 percent of the surveyed CFOs and operations executives believe there will be an upsurge in labor budgets over the next year, while 14 percent suggest their labor budgets will decrease.
- Health Data Management explores the ways healthcare IT can help keep rural hospitals alive and thriving. Some of the factors confronting facilities situated outside urban areas are a reduction in reimbursements, higher costs, and competition from alternative care sites. But reinterpreted processes and innovative tools can inspire important preservation strategies, such as developing telehealth partnerships.
- Becker’s Hospital Review invited its readers to disclose the top or most effective way to acknowledge employees. In an August 24 post, the popular resource for hospital leaders shared the responses of 11 healthcare executives. One COO’s recommendation: “The most efficient way to recognize employees is to be specific and sincere. I have found these attributes help clarify the action that was recognized and will more likely be repeated, valued, and appreciated if done with authenticity.”
- HealthTech magazine shares an infographic created by Aruba Networks that reflects the findings of a new report from the Hewlett Packard Enterprise company. The visual diagram illustrates that healthcare organizations are using the Internet of Things (IoT) to improve operations and patient care. By 2019, it is predicted that 87 percent of healthcare organizations will have adopted IoT technology, which will ultimately allow for a 57 percent increase in productivity.
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