In the past few months I’d been hearing from HR professionals across the country who said they believed that many of their staff were feeling confident enough to consider to retiring. After the stock market blood-letting of late last week, is that is still the case?
And finally, how will the prospect of a double-dip recession impact provider operations. In the most-recent recession, providers complained they were being required to make huge increases in the amount of charity care they provided, as the newly unemployed sought essential healthcare services. Will that happen again?
And, given this uncertainty about the economy, will that dampen any enthusiasm for capital improvement projects like new hospitals, or expansions, or delay employment of new staff?
Throughout the last recession, the healthcare sector showed that while it wasn’t recession proof, it was recession resistant. People need healthcare in good economic times, and bad. If we are double-dipping into another recession, we may soon find out how much that resistance was been worn down.