Since my last post some time ago, I’ve been working on a piece that I hope will better explain what is happening in the healthcare labor economy and its contrast to what is going on outside healthcare.
Certainly much has changed in the general economy over the past six months, and more recently some exceptionally dramatic and unprecedented changes. I’ve been keeping a keen eye out for any evidence that what I’ve written about in this blog has change, and I’m delightfully pleased that with regard to healthcare, the picture remains good or labor. Still this doesn’t mean that all is well. Health care remains exceptionally inefficient and something needs to happen.
This piece explains in greater detail the nature of the health care labor market over time and in comparison to other labor markets of which we are all familiar. In addition, I tried to provide some insight into what individual health care facilities and organizations can do to improve efficiency, lower costs and improve outcomes.
Now this sounds like a tall order which in aggregate it might be, still in small decisions and actions, it is not.
Capital Investment for Improving Labor Efficiency in Healthcare
[...] Here is more on Capital Investment in Healthcare [...]