Business

Labor Department’s new salaried overtime rule: What healthcare leaders should know

Alexis Kayser (Email) –  Becker’s Hospital Review Effective July 1, salaried workers making less than $43,888 per year will qualify for 1.5 times pay if they work more than 40 hours per week, up from the current cusp of $35,568. On Jan. 1, the threshold will rise again to include salaried workers making less than […]

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Do nonprofit hospitals sidestep FTC’s noncompete ban?

Alan Condon – Becker’s Hospital Review The Federal Trade Commission voted to implement a sweeping noncompete ban that would have seismic effects on the healthcare industry and the U.S. economy more broadly. But questions remain around which nonprofit hospitals and other providers may be affected by the ban and how far the FTC’s jurisdiction reaches

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How Gen Z bosses lead

Alexis Kayser (Email) – Becker’s Hospital Review Members of Generation Z are rapidly moving into leadership roles, bringing new ideas about what work can and should look like, The Wall Street Journal reported March 10. Gen Zers — those born between 1997 and 2012 — began to enter the workforce during the COVID-19 pandemic, when

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Male vs. female nurses by the numbers 

Mackenzie Bean (Twitter) Becker’s Clinical Leadership Men are increasingly entering the nursing profession and continue to outearn their female peers, federal data suggests. The data comes from the National Sample Survey of Registered Nurses, an annual poll conducted by the Health Resources and Services Administration and U.S. Census Bureau. The latest version of the survey, released in March,

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25 states at most risk of rural hospital closures

Molly Gamble (Twitter) Becker’s Hospital CFO Report Rural hospital closures picked up in 2023 and nearly 700 rural hospitals face continued risk of closing due to serious financial challenges, with some states facing critical conditions in the short term. The finding comes from the Center for Healthcare Quality and Payment Reform’s latest report, “Rural Hospitals

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Mark Cuban’s company ships drugs to CHS

Paige Twenter – Becker’s Hospital Review Community Health Systems’ hospitals in Texas and Pennsylvania now stock epinephrine manufactured by Mark Cuban Cost Plus Drug Co. The deal is part of a partnership announced March 7, which connects Mark Cuban’s drug manufacturing facility in Dallas to nine hospitals owned by Franklin, Tenn.-based Community Health Systems. “This

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