As competition and expenses increase, hospital executives must prepare administrators to effectively lead during a time of transformational change in our healthcare system. Here are five challenges they must overcome in order to successfully improve patient care while maintaining fiscal responsibility. Compete for healthcare professionals There is a real shortage of healthcare professionals, and it's hurting the profitability of hospitals as they pay more for every employee they hire.
If you are considering a career in hospital administration, take note of how these three challenges may affect you: In short, the more Medicaid and Medicare clients a hospital sees, the less money they take in.
These financial challenges make it substantively difficult for hospital administrators to provide medical services to an aging populace who rely on Medicare and Medicaid to address their healthcare needs.
In order to grapple with the challenge, hospital administrators are left with the challenge of finding ways to offset the expenses of their patients while simultaneously expanding their healthcare services in order to serve more people in need of medical attention.
Changes in Pay Structure Just as hospital administrators have to grapple with the challenges presented by the prevalence of Medicare and Medicaid, changes in pay structure also present unique problems that healthcare professionals must address.
Although the pay per service model of payment was once prevalent, it has grown outdated. Hospital administrators hope that these additions to the traditional health care setting will justify increased fees as they facilitate the well-being of patients.
Shortage of Healthcare Professionals In this contemporary era, there is a shortage of healthcare professionals. At this point, the healthcare industry is expected to grow more than twice as fast as any other industry each year. In light of these realities, hospital administrators are faced with the task of figuring out how to acquire a sufficient quantity of quality employees.
Moreover, healthcare professionals are now expecting to earn higher salaries in order to pay off their student loans. This means that hospital administrators must also figure out how to pay new hires more. Conclusion If you are interested in pursuing a career as a hospital administrator, you should know that doing so can be very advantageous.
At the same time, however, you should note that becoming a hospital administrator can entail a variety of challenges.
In recognizing what these challenges are, you can determine whether or not hospital administration is the correct career field for you to pursue. Leave a Reply You must be logged in to post a comment.Ensuring that EMRs are effectively implemented within the healthcare organization is a critical role of healthcare administrators.
However, technology is not exclusive to EMRs. It’s clear that health care is undergoing huge changes and growth, and will continue to do so for the foreseeable future.
Nurses are at the forefront of this transformation. Nurse administrators hold much of the responsibility for responding to challenges and integrating new solutions to ensure that patient care is efficient and supports.
Stressful work demands and long hours are challenges that most health care administrators face on a daily or weekly basis. Budget Constraints Health care administrators hire staff, create and maintain budgets, oversee operations, organize office duties and help with fundraising efforts.
Healthcare regulatory challenges Healthcare has taken center stage in the political arena under the Trump administration. Many health care leaders understand that there will be little room in the health care landscape of the next decade for laggards.
Population health management is a proactive application of strategies and interventions to defined cohorts of individuals across the continuum of healthcare delivery in an effort to maintain and/or improve the health of the individuals within the cohort at the lowest necessary cost.