These 5 Mistakes Will Sink Your Healthcare Business in 2024
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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
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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 […]