Purchasing and supply chain management is undergoing significant transformation.
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Doctors and nurses may be on the front line of the healthcare industry, but standing right behind them are the medical and health services managers who keep the healthcare facilities running smoothly. In addition to overseeing budgets, planning departmental activities and establishing revenue and medical care goals for their facilities, these professionals implement and manage ...
Individuals looking for a business career in an industry with growth potential may want to consider the field of healthcare. U.S. expenditures on healthcare totaled $4.1 trillion in 2020 and are projected to grow to $6.2 trillion by 2028, according to the U.S. Centers for Medicare & Medicaid Services.
No matter if it’s a small business, a Fortune 500 company or a government agency, every organization has to work within a budget. However, budgeting is more than watching finances and making sure not to go into the red — it includes actively monitoring the evolving business landscape to see where spending isn’t needed.
The demands of the modern healthcare system have created the need for teams of dedicated hospital administrators. These staff members focus on establishing efficient operations, which allows care professionals to focus on providing quality care to their patients.
Nearly 1 in 5 (19%) bachelor’s degree recipients had a business-focused major in 2019-2020, according to 2022 data from the National Center for Education Statistics (NCES). These graduates can pursue the nearly 715,000 business and finance jobs that the U.S. Bureau of Labor Statistics (BLS) projects will be available between 2021 and 2031.
Small businesses bore the brunt of the economic damage caused by the COVID-19 pandemic. According to data collected by the U.S. Census Bureau in the last week of May 2021, 26.2% of U.S. small business owners report that the pandemic had a large negative effect on their company, and an additional 42.7% state that the ...
The good news for people planning to attend college is that tuition fees are expected to hold steady in the coming year, as Forbes reports. The not-so-good news is that the average cost of tuition at a public four-year university in the U.S. for the 2021-2022 school year is $10,740 for in-state students and $27,560 ...