Christine Richardson 
How do you measure how robust your business is? One of the key ways is by looking at business financial ratios, which can be grouped into four categories. Business Financial Ratio #1 – Liquidity This is your business’s ability to remain liquid so you can meet your short-term liabilities. How much of a cash cushion … Read more
Table of Contents Introduction Tip 1: Offer Competitive Compensation and Benefits Tip 2: Provide Opportunities for Growth and Development Tip 3: Foster a Positive and Inclusive Workplace Culture Tip 4: Recognize and Reward Hard Work Tip 5: Encourage Work-Life Balance Tip 6: Provide Clear Goals and Expectations for Proper Talent Retention Solutions Tip 7: Promote … Read more
It’s important for businesses to have a clear and consistent pay frequency schedule to ensure fairness and adherence to labor laws and employee expectations. A lack of structure around paychecks could throw off budgeting and financial planning processes or put a business at risk of legal issues for possible violations of labor laws. Pay frequency … Read more
Standardization and following best practices during the credentialing process will help ensure that your healthcare organization remains dedicated to patient safety and also signifies the commitment to providing high-quality medical care. Implementing standardized procedures and adhering to best practices in the credentialing process ensures your healthcare organization remains committed to patient safety and demonstrates a … Read more
Table of Contents Introduction Understanding Employee Motivation Building a Strong Workplace Culture Offering Growth Opportunities The Role of Flexibility and Work-Life Balance Compensation and Benefits Creating an Open Line of Communication How BlueStone Can Help You Improve Employee Retention High employee turnover can take a toll on a business. It’s not just the money spent … Read more
Join Karl Wappaus, BlueStone Services’ Client Relationship Manager and Medical Business Advisor Michele Hayward, MHA, MS, CG(ASCP)CM for a short Q&A about CAP laboratory inspections and the importance of CAP accreditation. In this brief video, you will learn about: Common challenges Tips to prepare for an inspection What BlueStone Services can do to help … Read more
Artificial intelligence isn’t going anywhere. While that is unsettling for some people to hear, others understand that AI is influencing — and will continue to affect — everyday life, and the future of the job market is one of the most anticipated challenges imposed by AI. What does the future of AI look like? According … Read more
Optimizing your operating cash flow really boils down to three basic rules: Get money you are due as fast as possible. Pay money you owe as late as possible. Earn as much as you can on your cash balances. Unless you are in a retail business, most receipts for sales or services performed take place … Read more
Gen Z is a generation like no other, and in order to maintain your business, you’ll need to think about how you can accommodate the up-and-coming workforce. How does Gen Z feel about work? Surveys have found that 54% of Gen Zers are often disengaged at work. Meanwhile, 68% of Gen Z workers feel stressed … Read more
Conducting a thorough exit interview is an essential part of the offboarding process. Exit interviews provide a unique opportunity to receive honest feedback from departing employees. Their fresh perspective can reveal important insights to enhance your organization’s management practices, workplace culture, and employee development programs. By asking thoughtful questions, you can uncover the true reasons … Read more
