A national study led by Harvard Medical School researchers found that insomnia was associated with a much higher percentage of workplace accidents and errors than any other chronic condition. These errors were also more costly. Researchers estimate that insomnia costs employers $31.1 billion annually. Researchers conducted a cross-sectional survey of commercially insured individuals. Participants were asked about nineteen chronic conditions including diabetes, arthritis, and depression. Researchers looked into medical and pharmaceutical claims to confirm these conditions, and those that reported insomnia were then screened to ensure that their insomnia was not caused by other chronic conditions. Participants were also asked if they caused damage, work disruption, or mistakes that cost their company $500 or more. Those who suffered insomnia were responsible for 7.2 percent of all costly workplace accidents or errors, which is a 40 percent higher risk than workers with any other condition. These mistakes were also associated with higher costs. 23.7 percent of all costs spent on workplace accidents or errors were generated by individuals with insomnia. Insomnia related errors cost on average $32,062, while non-insomnia errors cost $21,914 on average. This difference was even seen when researchers controlled for educational level, age, and other demographic factors. Purchase the full study: The Associations of Insomnia With Costly Workplace Accidents and Errors or read an article about the results in Time to learn more. 5/15/2013
Lead Generation, Marketing Strategy, PowerPoint Presentations, Sales Process
Understand the financial impact and value of a resident who is just two years younger. Learn four systems that must be in place to attract and close a...
5/15/2013
Accountable Care Organizations (ACO), Partnerships, PowerPoint Presentations, Third Party Care Providers
As CMS imposes outcomes-based quality mandates, hospitals are scrutinizing their relationships with post-acute providers more than ever before. Get th...
5/15/2013
Business Planning, Finance, PowerPoint Presentations
To offer health insurance, or to not offer health insurance: That is the question. Due to the Individual Mandate portion of the Affordable Care Act, m...
5/15/2013
Physical Plant, PowerPoint Presentations, Property Management, Space Planning and Design
Recent changes to the International Building Code (IBC) will have an impact on new construction for assisted living. The change will also more closely...
5/15/2013
Brand Strategy, Lead Generation, Marketing Strategy, PowerPoint Presentations, Sales Process
The constant momentum of evolving economic indicators, demographics, communications technology, and access to information will continue to have an eno...
5/15/2013
Business, Facts and Figures, PowerPoint Presentations, Research
Obtain the latest information regarding occupancy, rents, rent growth, and supply and demand for senior housing and care properties. This session will...
5/15/2013
Risk Management
Discuss the practical application of innovative risk management initiatives in this interactive session. Experts from senior living operations and ris...
5/15/2013
Memory Care Best Practices and Research, PowerPoint Presentations, Space Planning and Design
Today, many senior living organizations serve residents living with dementia through specially dedicated environments and/or programs suited to their ...
5/15/2013
Finance, PowerPoint Presentations
All assisted living providers have “tightened their belts” and looked for ways to reduce operating expenses. Few, however, have thought about cost red...
5/15/2013
Green Living, Physical Plant, PowerPoint Presentations
The benefits of adopting environmentally sound business practices are well documented. Greenification is both a tool to improve the quality of life in...
10/16/2012
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