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Deep cuts are on the way for 2025
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FRIDAY, MARCH 1, 2024

3.5 minute read

HUDDLE

Hey-O Nursing Beat Friends!

This week we’ve moved trivia to Friday so you’ve had a few extra days to get those thinking caps ready. I think all nurses, at least those that drink coffee, might already know the answer to this one.Β 


β˜• True or False: Drinking a cup of coffee can decrease depressive feelings.


Think you know the answer? Click here to see if you’re right!

Today's Top Beats

💲 Cap It OffΒ 

🤔 Kawasaki MysteryΒ 

🍲 Foodie FridayΒ 

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Memento vivere,
Kelly McClure
Managing Editor

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Photo by Toni Cuenca

HANDOFF

Cap It Off

A new Iowa bill aiming to limit hospitals’ and nursing homes’ payouts to contract care staff has passed the Iowa House. It mandates a β€œstatewide maximum allowable charges schedule” that caps the amount paid to temp nurses at 150% of the statewide average wage for various nursing roles. Staffing agencies must register with the state and will face penalties for noncompliance. Supporters argue it levels the playing field for healthcare workers, while critics suggest the cap might be too low to cover overhead costs adequately.

Kawasaki Mystery

Kawasaki disease is one of the most common heart diseases affecting children worldwide, but nobody knows what causes it. Dr. Jane Burns has spent the last four decades trying to solve the mystery and is now leading a diverse cross-discipline team to investigate how climate variability, such as wind patterns, could influence the disease. Amidst rising cases, particularly in Japan and the US, her efforts offer hope for timely diagnosis and prevention, underscoring the urgency to unravel this medical mystery.

Deep Cuts Coming

A study funded by a payer lobbying group suggests that proposed Medicare Advantage rates for 2025 could significantly impact health plans' payments. It warns of a potential 1% drop per beneficiary, contrasting with the government's expected 0.16% decrease. Insurers argue the changes could reduce MA benefits for seniors, while regulators believe insurers will still receive billions more due to coding practices, even with a lower benchmark rate.

TODAY'S TOP VITAL

31%

The percentage of hospital nurse leaders who plan to change jobs in the next year.

PRN

FINANCE FRIDAY WITH NETWORTH NURSE

Getting Nurses Out of Debt STAT

American households are accumulating more debt than ever, and nurses are no exception. Would you like to pay off your debts as soon as possible? If so, getting rid of debt STAT can be accomplished with two different approaches. The debt snowball or the debt avalanche.Β 


  • Snowball Method: list the total for each debt owed and then pay them off from smallest to largest.

  • Avalanche Method: list all your debts from largest to smallest interest rate, then pay them off in order - starting with the largest.


It's important not to get hung up on the idea that there is a right or wrong way you should be paying off debt. Ultimately, your chosen method is a matter of perspective and circumstance, and what works for you may not work for others.


Download our free financial wellness report card to get personalized recommendations for paying off your debt.

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Savannah Arroyo, MSN, RN is the founder of Networth Nurse and InvestHealth. Connect with her here.

Did you miss yesterday's newsletter? Click here.

TODAY IN THE CHART

What Financial Experts Need You to Know About Nursing Student Loan Forgiveness

Here’s what nurses need to know about student loans and nursing student loan forgiveness, with tips backed by financial experts.

BULLETIN BOARD

Nurses in Media Day

March 6, 2024 | Virtual

Join ANA\California for a transformative virtual conference where self-made nurses in media explore the intersection of policy and our culture's impact on nursing in the media landscape. TNB's CEO, Tamara AL-Yassin is speaking! Register here.

SUPPLY ROOM

The Tape Wrangler

This tape holder loops onto your badge or scrubs and comes in 13 different colors!

BREAK ROOM

Happy Foodie Friday!

If you’re on a time crunch, check out this meal prep recipe that you can cook in under 20 minutes! This β€œone pan marry me orzo” dish from @kalejunkie is both nutritious and flavorful!

DISCHARGE INSTRUCTIONS

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