Unemployment Rate below 3.8%

The deadly squeeze that can ruin rural hospitals – unemployment rate below 3.8% – few available employees.

It simply cannot be stated firmly enough how important this education program is. At 3.8% unemployment, retention and growing your own skill sets is the only way to survive. Untrained employees equate to exorbitant denials and lost cash due to not understanding how to collect cash. With the CEO turnover rate so high the Continuity of Leadership (COL)  is so disrupted that local training can get overlooked, thus Department heads have to emphasize the need for current ongoing training especially in compliance, business Office, Revenue Cycle. REMEMBER THAT THERE ARE TYPICALLY 42 INSURANCE COMPUTER PLATFORMS THAT MUST BE OPERATED IN A RURAL HOSPITAL. The fact also that Business Office Turnover is great as well that training is an ongoing demand that must be met. CEO turnover can exacerbate itself due to lack of good business office training and good financial results.

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