Healthcare, Senior Living, Economics
TGIF! I found this piece on LinkedIn and thought it was quite good and worthy of reposting in its entirety. I know what this is about, personally. I was an administrator, moreover, a senior living and healthcare CEO for many, many years. I ran large organizations primarily but the parallels within this story, don’t change. … Read more
For the vast majority of providers, productivity and retention are ongoing labor hassles. Salaries and benefits are typically, the single largest expense item for health care providers and when analyzed by all of the components, a surprising percentage is allocated for labor related expenses that can and should be, reduced. Expenses such as Worker’s Compensation, recruitment, turnover, … Read more