with Joe Vanden Plas
When hospital CEOs look at current reimbursement rates, don’t be surprised if they think, “It’s never going to be better than this.” They have good reason to think this way, as the ramifications of the forthcoming low-reimbursement environment sink in and a wave of health care consolidation intensifies.
Just in case members of Congress wonder why their collective favorability rating is only slightly above that of prickly heat, the U.S. Senate’s reluctance to pass the Working Families Flexibility Act provides a reminder. For the sake of businesses that need quality labor and working moms who need a flexible work schedule, the bill would update the Fair Labor Standards Act to allow employees to swap overtime pay for compensatory time off. The Depression-era FLSA requires workers to take time-and-half pay for any extra hours they work, but the “flex act” lets individuals decide whether they’d prefer compensatory time or overtime pay, and it prohibits employers from pressuring them.