06-27-2023, 06:21 AM
While the pharmacy is often figuratively and literally separated from the rest of the hospital, it’s still susceptible to the same economic pressures.
Kaufman Hall recently reported that hospitals faced significant declines in their margins in 2022, attributed to rising labor costs. In order to mitigate losses, many hospitals have started cutting staff.
While layoffs may be unavoidable, hospital leadership ought to prioritize addressing the overall functionality of medication management systems if they want to avoid the longtail costs associated with an increased workload for their remaining pharmacy staff.
More here.
Kaufman Hall recently reported that hospitals faced significant declines in their margins in 2022, attributed to rising labor costs. In order to mitigate losses, many hospitals have started cutting staff.
While layoffs may be unavoidable, hospital leadership ought to prioritize addressing the overall functionality of medication management systems if they want to avoid the longtail costs associated with an increased workload for their remaining pharmacy staff.
More here.