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All posts tagged with “Palliative Care Provider News | Operations News | Staffing.”
Insights on Exposing, Resolving Chronic Underfunding of Nursing Homes
12/07/23 at 03:59 AMInsights on Exposing, Resolving Chronic Underfunding of Nursing HomesSkilled Nursing NewsDecember 5, 2023As nursing homes grapple with a tough economic and labor environment—which has forced closures and created access issues—patient and nursing home advocates underscored the emotional toll of care, calling upon the federal and state governments to do more to address new and emerging generational challenges to care.
Labor challenges slowing nonprofit hospital recovery—Fitch
12/07/23 at 03:24 AMLabor challenges slowing nonprofit hospital recovery—FitchModern HealthcareDecember 5, 2023Nonprofit hospitals and health systems are recovering financially but more slowly than expected, according to a report Fitch Ratings published Tuesday. Much of the sector has broken even in operations on a month-to-month basis in 2023, but it happened later in the year and to a lesser extent than analysts anticipated, the credit ratings agency reported. Labor costs, although softening, remain the top pressure point. Fitch is keeping the nonprofit hospital sector in the “deteriorating” category. Downgrades have outpaced upgrades by about 3-to-1 so far in 2023. Negative rating outlooks grew from 8.9% in 2022 to 10.7% this year. ... In 2024, operational success will largely hinge on how well hospitals recruit and retain employees, Fitch concluded.
After strike, Everett nurses, Providence agree on tentative contract
12/07/23 at 03:20 AMAfter strike, Everett nurses, Providence agree on tentative contractEverett (WA) HeraldDecember 5, 2023Everett, WA—Providence Regional Medical Center Everett reached a tentative contract agreement with more than 1,300 union nurses, the hospital announced Monday. The agreement—reached Friday night—comes after nearly nine months of talks and a five-day strike in November. Nurses walked out Nov. 14 to protest understaffing, the main sticking point between both sides. ... If the new agreement stands, nurses will have a contract that includes most of the terms they have asked for. The nurses’ union, United Food and Commercial Workers 3000, declared victory in a message to nurses Saturday.