April was brutal for the nation’s hospitals as they felt the cascading effects of the first full month of COVID-19’s impacts. Steep volume and revenue declines drove record-poor margin performance for hospitals nationwide, with median Operating Margin and Operating EBITDA Margin, as represented by Kaufman Hall’s indices, falling to –29% and –19%, respectively for … [More]

U.S. employees may be reexamining their relationship with the office after COVID-19, according to a survey of more than 1,000 office-based employees. The survey  found that many workers (those who worked in an office and/or remotely prior to COVID-19) still view the office as a critical place to meaningfully connect with colleagues, yet they value the flexibility that comes … [More]

As millions of businesses across the U.S. prepare to re-open to both employees and the public, workplace cleanliness and disinfection is top-of-mind among corporate leaders, according to a recent survey conducted by OpenWorks. The survey revealed that 83% of business leaders indicated that it was “likely” or “very likely” that they would increase the cleaning frequency of … [More]

As applications for Paycheck Protection Program (PPP) loans slow, the nation’s leading small-business association today released the results of a comprehensive survey of its members about how these loans are being used, the effect they’re having, and challenges owners face in maximizing loan forgiveness. “With 1 out of 4 small businesses being ‘severely negatively impacted’ … [More]

Now that the pandemic changed how small-business owners borrow money, they continue to be a major target for predatory lending practices. Small-business owners who are borrowing for the first time need to be equipped with all the right information and access to all the support they can get, to know they got the best deal. As the economic crisis continues to reveal more needs … [More]