article thumbnail

Projected Healthcare Costs for 2023

Zenefits

Health benefit costs rose 6.3% Simplify benefits administration. Simplify benefits administration. What’s more, hospitals and commercial insurance companies are beginning to work more and more in a consolidated manner. Healthcare benefits will only be half the rate of inflation, which is about 7.7% on average.

article thumbnail

Capital Expenditure Budget Examples In The Healthcare Management Industry

Walk Me

And then your organization must compete for patients against larger neighboring hospitals, often with more significant financial resources. Operational budgets involve the expenses of the day-to-day running of a hospital or clinic. For example, a small hospital may lose revenue to a neighboring hospital with several MRI scanners.

Manager 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

a drama-filled affair, coworker marks most of her emails as “highly important,” and more

Alison Green

While I was hospitalized, my workplace contacted people I haven’t seen in years. I work in a small, close-knit office and was recently hospitalized for a mental health issue. The hospitalization itself was traumatic and unhelpful, and I’m still struggling. and she definitely knew I was going to be in the hospital.

article thumbnail

HR Headaches: How Can I Offer Abortion Travel Reimbursement While Respecting My Employees’ Privacy?

Zenefits

With the recent Supreme Court decision to reverse federal protections for abortion rights, abortion benefits have become more difficult, but not impossible. Outside of the logistics of providing abortion benefits , the impact of this approach on employee privacy is another concern. Balancing privacy with processing travel costs.

Travel 52
article thumbnail

Why Employee Engagement is Important in 2023

15Five

Read on for the four major benefits of employee engagement in 2023. One study found that by implementing engagement strategies, a hospital surgical unit was able to reduce absenteeism among nurses by 27.5%. This is critical in the healthcare field, where patient outcomes rely on a fully-staffed care team.

article thumbnail

How To Write an Effective Recruiter Job Description: The Ultimate Guide

AIHR

And as more employees are keen on exploring new job opportunities or switching careers, recruiters are instrumental in sourcing and attracting top talent to meet the staffing requirements of an organization. With the pace of hiring, quitting, and job creation, openings likely won’t return to normal for some time. What do recruiters do?

article thumbnail

How to Handle a DOL Investigation

Zenefits

Simplify benefits administration. Simplify benefits administration. Driven by recent staffing shortages, some employers, especially in industries such as restaurants and hospitality, are hiring more minors than they did in the past. What’s your biggest 2022 HR challenge that you’d like to resolve.