Health systems aim to standardize their operations to ensure quality and efficiency. While standardization is effective in areas like accounting, a one-size-fits-all approach can create operational ...

When it comes to robust business operations, Standard Operating Procedures (SOPs) serve as the backbone of efficiency and success. Beyond acting as guidelines, SOPs power seamless operations and boost ...

The book Lean Six Sigma for Hospitals: Simple Steps to Fast, Affordable, Flawless Healthcare (McGraw-Hill; 2011) describes how hospitals can increase quality and cost efficiency. The following excerpt ...

Paycom Software has dropped over 70% from its 2021 peak but remains profitable in a large, growing HR software market. PAYC trades at compressed valuations at 9.7x EV/EBITDA and 16x forward earnings.

Discover how gross profit and operating income differ and why both are crucial in assessing a company’s financial health. Get ...

Lenovo continues to outperform peers, driven by strong growth in PCs, servers, and services, with AI initiatives providing meaningful tailwinds. Management is adept at leveraging operational ...

Climate change is already affecting the U.S. and its economy. The majority of U.S. states have begun implementing major greenhouse gas mitigation-related measures. For example, the New York State ...

Morgan Stanley MS intends to cut roughly 2,000 jobs later this month to mitigate costs. This was reported by Bloomberg, citing people familiar with the matter. Morgan Stanley aims to reduce 2-3% of ...