These 5 Mistakes Will Sink Your Healthcare Business in 2024
Ongoing staffing problems, reduced patient volumes, and rising inflation—these were the main contributing factors to the financial difficulties US healthcare companies faced in 2023. According to S&P Global Market Intelligence, the healthcare sector had the most bankruptcy filings in the U.S. in August of 2023 alone. With the rise of Artificial Intelligence, the industry has been […]
Staffing Shortages Rank as a Top Concern for Healthcare Executives
A 2022 study from PwC concluded that executives in the healthcare industry view staffing shortages as a primary concern, along with the affordability of care. Experts argue that 2023 will be a pivotal year for the industry. Organizations will need to retool their traditional business models to survive, including reconsidering how they staff their administrative […]