Strange Tony,
Humana CEO Bruce Broussard spoke with CNBC's Jim Cramer yesterday. Broussard said:
"We do have a staffing problem in home health... we can get it, we're getting the help.."
Funny, CFO Susan Diamond said Humana was solving the nursing shortage problem by training more nurses and offering both sign on and retention bonuses.
Training new nurses isn't a short term solution. Sign on bonuses can actually increase turnover as extrinsically motivated nurses chase the next big cash bolus.
Cramer did not ask about hospice which Broussard plans to flip to yet another financial rapscallion. How big with his bonus be for abandoning hospice staff to the next round of greedy owners?
Anonymous
Humana matches 125% up to 6% of your salary towards your 401k plan.
ReplyDeleteKindred at Home/CenterWell Home Health employee said last month "401k match raised to max of 3%"
This is the same guy who put our nurses on salary vs. hourly where they could get overtime pay for excess workloads. He's also the one who cut two holidays and reduced holiday pay 33% when Humana began operating Kindred at Home. Hollow words Mr. Broussard.
ReplyDeleteMissouri Clinician said "Not worth it"
ReplyDeleteHIGH turnover, micro management , poor clinical manager, profit driven not patient driven. Low standard of care—-excuses made rather than changes.