Category Archives:

Healthcare Cost Control

Drive Employee Engagement During Difficult Times

It’s no secret that employee engagement is a massively important factor in driving employee performance. In fact, companies with highly engaged employees are 21% more profitable.

Ways to Keep Payroll Running During Emergencies

Manual payroll can severely limit your business during an emergency such as a flood, fire, hurricane, or a situation such as the COVID-19 pandemic. Up to 60% of small businesses never recover from a disaster, according to the Federal Emergency Management Agency (FEMA).1 A great deal of time is spent every month administering payroll as well. Using cloud-based payroll software allows your organization to track employee hours, calculate overtime pay, set rates, and perform other tasks from anywhere.

The Benefits of Storing Files Digitally

To be successful, any business must have an effective means to store data. Paper documents will pile up as your business grows, making storage costly and creating challenges in organizing and locating files when you need them quickly. Digital storage avoids the pitfalls of paper documentation; our cloud-based payroll/HR software avoids having cluttered filing cabinets, losing information, and making costly mistakes.

What Is Payroll-Based Journal Reporting?

One of the critical areas of payroll reporting that healthcare management needs to understand is Payroll Based Journal (PBJ) Reporting. This type of reporting became mandatory under Section 6106 of the Affordable Care Act (ACA).

How the Affordable Care Act Affects Payroll

The Affordable Care Act (ACA) can feel like something of a minefield for payroll administrators and employee benefits policymakers. To ensure payroll compliance according to the ACA, here are some payroll areas affected by the act that you need to know.

Strategies for Managing Labor Costs in Healthcare

Surveys of healthcare financial officers show that year over year staffing shortages in the healthcare industry continue to worsen, as demand for more advanced care grows. Even before the added pressure of the pandemic, 78% of hospital executives predicted increasing labor budgets for their facilities.1 An aging population and concerns about safety due to current events are creating increased pressure from both the supply and demand side of the equation.