Healthcare Costs, Concerns, and Current Situation

Challenges for Healthcare Managers,Healthcare Data,Healthcare Policies

It is no surprise that the healthcare industry is about to adjust healthcare costs for insurance. The concern is if the increase will become too much for people to cope with. According to the Peterson-KFF Health System Tracker, people expect around a ten percent increase in insurance costs based on several reasons that stem from inflation and utilization changes, COVID-19, Monkeypox, policy changes, and many other factors like vaccine ingredients, etc. The issue is that for healthcare facilities and hospitals, dealing with these changes will become a challenge, burden, and high-cost expense to adjust to the upcoming changes. There is already a staffing shortage, and these added issues only add to the load.  

What are the Current Solutions to Healthcare Facility Costs?

Fortunately for hospitals and healthcare facilities, there are several solutions, all with their benefits and problems. For instance, revenue cycle management (RCM) involves the financial process of tracking patient care episodes from registration and appointment scheduling to the time of final payment. It is performed using medical billing software to ensure patients receive the care they need. The problem with using RCMs is the high hospital or healthcare facility costs. There are also hiring agencies, but the issue with this method is a number of them are currently being sued. You can read more on the cases going on in the US here. The leading case talks about 7.2 million in unpaid overtime wages. The nurses are fighting back and trying to take the staffing agencies to court. Then there is an application, Nursa, that can be directly downloaded onto any cell phone, easy-to-use, cost-effective, and streamlined. To schedule a half-hour session to get to know the Nursa application better, schedule here. By the time the half-hour presentation is over, a hospital or healthcare facility will be able to understand the application, schedule their first PRN shift, and, most importantly, help Nursa better understand what are the immediate needs of the facility so that Nursa can help the healthcare facility fulfill their full schedule, all needed urgently and desired staffing shortage positions.

Saving Money in Healthcare and Its Many Solutions

Firstly the main issue with the costs of healthcare is the staffing shortages. These issues stem from schools, online courses, and admissions in general for nursing schools. This issue is being looked into, and many tools are coming out to address this issue. Schools are starting to lower tuition costs, have more flexible admissions times, dual nursing degrees simultaneously, and many other solutions. The best way to find highly qualified healthcare workers, from nurses to allied workers for PRN solutions, Nursa, is there with the application that creates profiles of only the highest qualified healthcare staff. To attract a larger group of prospective nurses, the schools are offering fast-track training and testing. Nursing positions will be more accessible and easier to obtain if nurses can get into the field more quickly. Funding for faculty incentive programs is another innovative way the schools to attract nurses. New nurses cannot learn from qualified nurses due to reduced numbers. States are recognizing these discrepancies, and efforts are being made to provide funding to help keep nursing teachers in place to teach the younger generation of nurses.

Outlook on Medical Expenses

The outlook on medical expenses will only increase in almost every category, including; insurance, employee costs, empty bed costs, etc. With the rise of medical expenses coming from every side, it is best to find cost-saving solutions like Nursa that are cost-effective, easy to use, and easy to learn for the whole team at any facility that hires PRN staffing.  

Best Application for Facility Staffing Shortage Solutions

Nursa once downloaded from any phone application store for free. Nurses can start filling out profiles and looking at hospitals, healthcare facilities, and staffing PRN shifts. Facilities can download the application and start filling PRN shifts, managing the shifts needed by urgency, and even having Nursa help with filling shifts. Usually, Nursa can have the most urgent shifts filled within 24 to 72 hours. Most staffing needs can be filled within one week - saving hospitals much-needed costs from overtime, empty shifts and beds, and burnout on human resources looking to fill the much-needed PRN staffing shortage. Nursa is an all-in-one staffing solution for hospitals, healthcare facilities, and other healthcare places like nursing homes, hospices, and long-term care facilities.

Blog published on:
January 3, 2023

Miranda is a Registered Nurse, Medical Fact Checker, and Publishing Editor at Nursa. Her work has been featured in publications including the American Nurses Association (ANA), Healthcare IT Outcomes, International Living, and more.

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