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For managers, negotiation comes with the territory. You may have to negotiate with employees to improve performance, with clients about contracts, or with senior management on department goals. Here are four principles for successful negotiations. We all negotiate every day – over everything from million-dollar contracts to where to go for dinner. Some deals involve […]
Read MoreThis is important because most of us work in a hospital and while our department might not be experiencing drug shortages overall if the hospital decreases it’s profits it will affect us. It costs U.S. hospitals $230 million annually just to purchase more expensive generic drugs for shortage drugs Hospitals and health systems try their […]
Read MoreI thought this was interesting so I wanted to share it with our readers. The attorneys general (AGs) of 16 states warn that hospital employment of physicians, which is considered in many quarters to be the inevitable fate of medical practice, is driving up healthcare costs without necessarily improving the quality of care. The AGs […]
Read MoreFailing to effectively communicate with your employees isn’t just bad for business. It also can create a work environment that’s ripe for legal trouble. If you take time to communicate, explain your actions, stay involved and make the workplace seem rational to employees, you will increase your chances of staying out of the courtroom. Below […]
Read MoreAmerica spends a lot of money on the paperwork that makes hospitals run— $218 billion per year, to be exact. That works out to 1.43 percent of the entire American economy is spent on hospitals’ administrative costs. Of every $100 spent in America, that means $1.43 is going toward the billing specialists and schedulers that […]
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