Cost-cutting ideas, lean operations, and forecasting tips Recession fears are in the air again. Whether or not a full economic downturn takes shape in 2025, medical office managers can’t afford to ignore the possibility. Hiring has slowed in many industries, inflation remains a concern, and both patients and payers are watching their wallets more closely. Even if your office … [Read more...] about Economy Watch: How to Financially Prepare Your Medical Office for Uncertainty
Recession
Job Security Is Dead; Reset Your Workplace with Radical Transparency
By Lynne Curry Job security is dead for four out of every five U.S. employees. U.S. According to a December 2024 survey of 1,115 U.S. employees: 92% fear a recession in 2025. 81% worry about losing their jobs. 76% expect layoffs to rise. 63% foresee more business closures than in 2024. 57% think finding a job will be harder. 52% anticipate worsening … [Read more...] about Job Security Is Dead; Reset Your Workplace with Radical Transparency
Recession fears: Here’s how to avoid being laid off & what to do if you are
By Lynne Curry After months of talent wars triggered by the great resignation, the job market has again shifted, with business growth slowing and recession fears looming. Despite low unemployment rates, 3.5% nationally,1 over 60 percent of the 750 CEOs surveyed by the business research firm Conference Board expect a recession in the next 12 to 18 months1. Another 15 percent of … [Read more...] about Recession fears: Here’s how to avoid being laid off & what to do if you are
Is it a recession or not? The answer may surprise you
By Lynne Curry My in-box filled with questions after I posted a Recession Fears Loom blog. Readers asked how I made sense of the different views voiced by economists and politicians. As a medical office manager with responsibilities around staffing and profitability, you are probably watching to see which way the economy goes. Here’s the background, and my answer to “are we … [Read more...] about Is it a recession or not? The answer may surprise you
Recession: Get ready for new employer-employee reality
By Lynne Curry The talent war seemed like it would last forever. Employers desperate to fill vacancies but unable to find solid job candidates; applicants receiving multiple job offers; employees expecting more from their employers and using their newfound leverage. Both employees and employers gained as a result. Employers developed compelling value propositions to attract … [Read more...] about Recession: Get ready for new employer-employee reality