Why Baby Boomers are putting medical labs (from workers to tests) under the microscope – MedCity News

microscope medical lab

I’m a lab guy.

No, I don’t wear a white coat and spend hours in a hospital basement lab running tests. But I do live, breathe and dream in the lab world – a world that, like that of all health systems, is now under intense pressure to keep up with demand while curbing costs and increasing quality and service.

Challenged by the ever changing health care environment and regulations, the lab is being put to the test not only by a rapidly evolving health care delivery model, but also risk shifting from payer to provider (e.g., bundled payments, capitated lives), aging patients adding more tests, and a growing number of lab workers who are nearing retirement.

Yes, I’m talking about the generation of Baby Boomers said to be creating new challenges in the health system and in the economy as a whole. As a large population of Boomers age and hit 65, there is an intense surge in the need for health services we’re not equipped to handle. As they retire, they cause labor shortages across all sectors and in specialized areas of health care, like in the clinical lab.

To help paint the picture, examine some of the headlines over the last decade: “The Baby Boomers’ Massive Impact on Health Care,” “AHA: Healthcare Industry should Prepare Now for Baby Boomers,” “Concerns Grow over Workforce Retirements and Skills Gaps,” and “Baby Boomers Creating ‘Silver Tsunami’ in Workforce.”

Before we take a look at the Boomer epidemic through the lens of the lab, let me first address why it’s so important that we care about the lab and its role in the health system. Though the lab is a small part of hospital spend (3 to 5 percent), the information lab tests provide impact more than 70 percent of medical decisions and comprise upwards of 80 percent of a patient’s EMR. Without lab data, a hospital can’t function, and – without an integrated and high-performing lab – health systems will struggle to achieve levels of peak performance.

Now that I’ve made my case for why labs matter, here are two ways I see that Boomers are challenging labs and how labs can meet these challenges:

  • New payment schemes: As health systems are challenged to improve performance amid shrinking financial resources, labs have become a target. With Boomers getting more than four times the number of lab tests than those under 65 (who get an average of two per year) and bundled payments becoming more prevalent, labs must be equipped to drive increased speed, accuracy, and efficiency.
  • Workforce in the Lab: As thousands of Boomers retire, the lab workforce will feel the impact – probably just as much or even more than other health sectors. According to the American Society for Clinical Pathology, lab professions are seeing an average vacancy rate of five to six percent. The Bureau of Labor Statistics also reports that more than 40,000 lab jobs are currently vacant in the U.S. To compound the issue, experts predict that there will be both a shrinking workforce and many new jobs in medical and clinical technology over the next decade, which will only widen the labor shortage.

As a solution, hospitals and health systems need to look at strategic partnerships that work with the health system to help transform the way current labs perform. This will enable them to be more efficient and able to maximize the resources they do have (such as labor, supplies, blood, etc.), making them high-performing and able to serve and grow with their communities to meet the ever changing needs of their patient population.

Fellow lab guys and gals, listen up, “change is here, and more is coming.” Thankfully, we can change too.

Baby Boomers Influence Health and Wellness Craze

Baby boomers have been influencing markets for years as this massive portion of the population moved from one stage of life to another. Starting with the success of baby food and baby products many years ago to the current market for senior citizen items, this demographic has created huge success for the companies with the right positioning to take advantage of the buying power of the baby boomers.

As the oldest of the baby boomers became senior citizens several years ago, the markets continue to be influenced by them. They are now having a profound impact on the health and wellness industry. This large segment of the population does not want to age in the normal manner. They want to stay young and vibrant. Biological age is not necessarily going to slow them down. They are willing to buy products which are going to help them to maintain the qualities of youthfulness even though the years have passed.

Although the baby boomers are generally more equipped for retirement and becoming senior citizens than generations past, many have seen their savings and retirement funds erode with the bad economy. Their investments and pensions have quite likely taken a big hit so that they are not as prepared as they had expected.

An increasing number of senior citizens are finding that it is necessary to find some way of supplementing their income. Many seniors are now working menial jobs at places like McDonald’s and Walmart to make ends meet. The younger seniors who are baby boomers may be looking for something which pays better. Many are turning to network marketing (MLM or multi-level marketing) as a means to earn extra money.

Since they are interested in health and wellness and a home based business, the nutritional supplement network marketing companies may be a good fit. They are able to buy some products they like at wholesale (albeit for a higher price than similar products would be sold in retail stores) and have the chance to build a residual income. If they like and believe in the product they are selling, they could find a good market for it among their baby boomer friends. They could find success in this new found venture.

During World War II, Americans and immigrants of Japanese descent were forcibly removed from their West Coast homes and placed in what have been called America’s concentration camps. They were incarcerated for the duration of the war. It was hard to be concerned with health and fitness as there was not a lot for the older people to do. Some who were born in the camps may be among the oldest baby boomers.

Many baby boomers are used to success in their lives, and they may have the motivation and determination to succeed in network marketing. If they find a company which has a product they like and a compensation plan to benefit them, they may find their place as successful network marketers.

Retiree Jobs – Baby Boomer Retirement Means Work For Most

Retiree jobs will be important to 72% of all baby boomers. According to a Del Webb, who should know something about retirement, survey of baby boomers… 72% is the percentage of baby boomers that plan to work in retirement.

Why is working in retirement necessary? Over 50% of boomers have saved less than $25,000 for retirement.

Since the average American family has over $8,000 in credit card debt…There is no incentive to save at 1% interest when you pay 18% or more on your credit card balance. Why are so many in debt is another story…it is reality that many boomers are facing.

Since almost half of retirees move when they retire, there is a lot of demand for retiree jobs in Arizona and Florida, where most retirees relocate. There are just so many Wal-Mart greeter jobs to go around. Some choose real estate; there are certainly those jobs available to proven producers.

For those planning to retire overseas for the much lower cost of living…you should not plan on traditional work. The jobs available will be given first to locals…the way it should be.

For most, a part time job will supplement their Social Security…again in the popular retirement states they will be lots of competition for these jobs.

Virtual retirement or retiring online will be sought for those who would like to work at the time and place of their choosing…doing what you want is why you retire in the first place.

Unless you are that rare person who actually knows, as much about computers as the average 12 year old, you will need some help in training for a productive online career. The learning curve is steep…but doable…for us baby boomers.

I found the answer to my knowledge gap in computing and websites after 2 months of floundering. Others are not so lucky…I hope you discover what I did early on. Interested in how I did it?

Baby Boomer super facile sopra bombatura + trucchetto! tutorial Easy Baby Boomer

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Baby boomers – an untapped opportunity until now – AdNews

Starts at 60

Controlling more than half of all consumer spending in the western world, baby boomers are one of the fastest growing demographics in Australia. In Australia alone more than 5.2million boomers enjoy a new era of financial and personal freedom, making up more than 20% of our population.

Perhap’s it’s then no surprise that Seven West Media has firmly placed its intent with this demographic, announcing last week it was entering into the lucrative baby boomers market.

A recent Nielsen report found that baby boomers buy 77% of all prescription drugs, 61% of over-the-counter drugs and 80% of all leisure travel. Yet they have remained untapped by advertisers, despite the thriving potential market.

It’s a potential that ‘Starts at 60’, a new information website and online community for seniors and over 60s in Australia and New Zealand, has harnessed and that Seven West Media is keen to take a slice off, a 33% slice to be exact.

Seven West Media secured a 33% stake in the Starts at 60 website, which targets people over 60 and has 1.5 million unique users and five million page views each month.

The investment opens the door for advertisers to one of Australia’s fastest growing and wealthy online communities, supporting the website’s expansion of content, technology and operations.

Its founder Rebecca Wilson tells AdNews the partnership provides Starts at 60 with greater commercial clout from a media owner that dominates the older demographic market. It also helps Seven West boost ties with that market.

“We’ve been invisible to ad agencies for so long. We’re proud of the space we’ve created and now with Seven we can offer more to the advertisers – they will be able to buy for a demographic that has been pretty much untouched,” Wilson says.

“We saw a generation that is hugely keen to participate and have more time than millennials, so we sought out Seven because they were the best player in the older demographic market.”

Research from 2013 found that 94% of baby boomers disliked the way advertisers communicated with them, and only 10% of advertising spend by Australian companies was targeted at over 55s. Wilson says the demographic has previously been barraged with funeral and insurance ads and advertisers weren’t keen to invest.

While Starts at 60 already has advertising partnerships in place with Australian Super, AAT Kings, Dymocks, Connect Hearing and Hachette, Seven West Media plans to build on Starts at 60 advertising and sell it across multiple platforms.

“We are growing at such a speed we needed to take the opportunity to get it right with the technology and ad tech services that Seven Network could provide. What Seven brings is an ability to reach the right advertisers at the right market and have the right connection,” says Wilson.

“When I started this platform, brands and agencies said to me that older people don’t use the internet and they won’t be interested. But with five million page views, we know they are. We’re now hitting engagement levels at the rate of Pedestrian and Mamamia.”

Seven West Media CEO Tim Worner says Starts at 60 will sit within Pacific Magazines alongside other brands that appeal to this demographic, including BHG and Prevention.

“People aged 60-and-over constitute Australia’s fastest growing age group with huge spending power and influence,” Worner says.

Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at [email protected]

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Two Important End-Of-Life Decisions for Baby Boomers

The baby boomer generation coming to the end of their natural life, need to make a few important decisions regarding their end of life. Decisions such as that would not only affect their own lives, but also the lives of their loved ones. Baby boomers in their 50s, 60s and above at one time or the other must consider about important issues such as Advance Medical Directive and Estate Planning. However owing to mere procrastination, most baby boomers delay unnecessarily and delay important matters such as these.

A good Estate Planning Attorney or a Will Attorney can help you tackle the legal obstacles surrounding the two important end of life issues for you in case you have not already taken practical steps for resolving these important matters. This is how they can help.

Advance Medical Directive

This relates to a health directive which words out your future decisions related to your medical care and other general end of life preferences in case of your incapacitation to take such decisions on your own at that time. This could include your preference of one type of medical care over the other, hospice decisions, and oral health care decisions. You have the option of either making all these decisions on your own now, or appoint some agent by giving him or her the legal power to take all such decisions on your behalf when the time comes. One good piece of advice when going for such important decision-making is to seek some true professional help by hiring a skilled estate planning attorney or a will attorney.

Legal matters are complicated, and need an expert to lead you, get the most benefit out of your advance medical directive.

Estate Planning

Just like the medical directive, estate planning also constitutes to your decisions in advance, about how your assets / estate are dealt with, at the point of time when you are no longer able to take such decisions on your own. An estate plan allows you to set your priorities straight as regards the passing on of your assets to your loved ones ensuring that the maximum of the benefit reaches them.

Here again your estate planning attorney or a will attorney can help you make sure that your assets or estate does not stand vulnerable to the claims of creditors or other claims on your assets at that point of time.

If you are a baby boomer and you have not taken these end of life important decisions now is the time to take the initial step to avoid discomfort and complications for your loved ones in the future.

Millennials are so Entitled? : A message to Baby Boomers

Another common argument you hear thrown around by rich baby boomers. Here are all the links:





Documentary on Rick Ross, “Freeway: A Crack in the System”

Why Baby Boomer Business Owners Fail to Plan Their Business Exits

In working as a consultant to Baby Boomer business owners who want to sell, I often have people say to me, “Heath, I only wish I had started thinking about selling years ago.”

What they are saying essentially is that “Proper planning prevents poor performance.” Nowhere is this cliché truer than in the world of business exit planning.

The fact is: the majority of baby boomer business owners never take the time to plan for the inevitable day when they will want or need to leave their businesses. These successful business owners come up with every imaginable excuse to avoid this strategic imperative.

The net result of neglecting business exit planning, of course, is that when the time comes to leave (and it will come, no matter what you want) sellers are backed up against a wall and forced to make hasty decisions. These decisions seldom result in the most favorable outcome for the seller and create a lot of unnecessary stress and heartache.

Often, the same issues that make it difficult to discuss things such as funeral planning and life insurance creep into discussions of business exit planning. To some people, thinking about exiting a business is akin to thinking about death- the last great taboo in American society.

Boomer owners also fail to plan to exit their businesses due to inaccurate assumptions such as believing that a spouse, significant owner, child or grandchild will automatically take over the business, or that they can sell the business to their employees when the time comes.

Owners also assume that the personal estate planning they have done will factor in the issues related to their business. While the two things are certainly connected, the strategies for achieving success are quite different.

Your estate planning attorney may be exceptionally competent at keeping as much of your estate out of Uncle Sam’s hands as possible but he or she may know little to nothing about how to guide a successful business sale and create a lifetime stream of income in the process. It pays to have an acquisition expert on your team to create a separate and distinct plan for selling your business.

Another reason for procrastination in planning business exits is that the entire procedure seems overwhelmingly complex. Most business owners are experts at running their businesses, but they realize they haven’t a clue about how to successfully sell one.

Often times, owners approaching retirement realize they need to do something, so they read articles, listen to business experts, watch videos and… get very depressed.

An owner quickly concludes that selling a business in today’s economy is extremely complex. They take one look at their disorganized office and messy, incomplete financials, their neglected infrastructure and lack of systems and procedures, and become discouraged, with no clue where to even begin.

I am guessing the feelings are something like those of a housecleaner hired to clean a 50 room mansion that hasn’t been cleaned in 10 years.

Business exit planning doesn’t have to be this way, though. With a little help from some trusted mentors, you can start planning now and avoid most, if not all, of the mistakes other owners make when leaving their businesses.

Imagine, having a blueprint in your hands months, even years before your exit; a map of exactly what you need to do to achieve a transition that is simpler, faster, and more lucrative.

Imagine having a trusted expert’s guidance, someone who does the best job possible for you because he or she does not work on commissions and is totally versed in the procedures for successfully selling a business.

Only around 3% of businesses on the market sell successfully. Wouldn’t it be nice if you had a way to increase your odds of selling dramatically, and decrease the amount of time your business is on the market?

If you could sell your profitable business for more money, in less time, with a lot less stress, and create a stream of income for retirement that you could not outlive, is there any reason you would not want to do so?

There is a way to do all these things and more if you have the right guidance from seasoned professionals who can help you put together a realistic, workable exit plan.

Consultants and acquisitions experts know that you cannot overstate the importance of having a such plan in place before deciding to sell. This is especially true for Baby Boomer owners who are within 2-5 years of retirement, whether or not you plan on leaving the business to a family member.

An even better idea is if you build your company with a view to selling it from the get-go. After all, a business exit blueprint isn’t set in stone, it’s an organic part of your strategic planning process that can be changed and amended as your needs and desires change.

The most important thing is that you need to start.

To help you get started creating the perfect business exit strategy, Delta has produced a comprehensive check list you can use as a guideline. This list will do a lot to help you start putting together the resources you need in order to write your plan.

You can download it at our website or you can call Delta’s office M-F (Central time) to request a copy. (210) 369-4161.

If you have any questions or need help, please reach out to us either through email or by phone.

Baby Boomers And Music – Reasons They Never Forget Rock And Roll

When the music gets too loud there is a problem for baby boomers. Baby boomers were part of a generation in music that defined so much of what is heard now. There are covers done by bands and rappers that borrow hooks from songs from the 60s and 70s. Baby boomers don?t need to cover their ears when they hear the music of today, but embrace what their generation did for modern music.

When baby boomers were growing up, music was an important part of society. Icons were first taking form such as The Beatles or The Rolling Stones. Music was about life and changes. Music had meaning and reached into the heart and soul of the baby boomers. Not much has changed in that respect. Baby boomer musicians are still creating songs about getting older. However, the music still stays the same. Baby boomers can rock out and enjoy the music now just as they did when they were younger.

The rock and roll lifestyle wasn’t always glitz and glam. The 60s saw the demise of several rock icons. Janis Joplin, Jimi Hendrix and Freddie Mercury all succumbed to the lifestyle. There deaths were just as much as a part of the culture as any other thing that happened in that time. They went too far and took the rock and roll culture to a further point. Their music is still celebrated and looked upon as unique, trendy and still remains current to this day.

Baby boomers learned how to move on because it doesn’t pay to wallow in sadness. Musicians from that time are still making music. The Rolling Stones recently went on a tour that was one of the most successful in the country. They made money while young and old rocked out to their music. Music of the baby boomer generation transcends different cultures. Take at look at Aerosmith or Bob Seger. These are all musicians that maintained over the years and continue to rock even into their later years. Just because you?re old doesn’t mean you aren’t allowed to have fun. Baby boomers will argue they deserve it most because they have created a culture that won?t soon be forgotten.

Rock and roll isn’t just about the music though. Rock and roll is about an attitude. It?s a way of life. A life the baby boomers exemplify. They live life to the fullest, doing everything they can and never getting cheated. However, the ones that took this attitude too far are the ones that suffered. If you look at baby boomers and all they have done in life, you see this attitude. They have worked in the best jobs, enjoyed life by going on great vacations and have bought the best things life has to offer.

Rock and roll is about not selling out. That is why rockers have great contempt for anyone they have deemed a sell out. This doesn’t change with age. Baby boomers still aim to have fun even though their lives have gotten busier and they have more responsibilities. The more work they have to do just means a bigger reward in the end.

For baby boomers who have forgotten that lifestyle, there is still time to get it back. Throw on an old record or put on the classic rock station. You can even check out your grandson?s collection. There might be a band that reminds you of your youth. You will be able to listen to the bands and be reminded of the days that once were. Remember rock and roll is here to stay. You can always be a part of it.

Baby Boom! – My Newborn Sister Part 1 – iPad app demo for kids – Ellie

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It’s time! Mommy’s finally ready to give birth to your baby sister and you have to help everyone get to the hospital in time! Pack Mommy’s bags, take Rex (your dog) to Grandpa’s house, and journey to the hospital! Oh no! A flat tire! Overcome crazy obstacles along the way – including a broken down car, messy policeman and unexpected rainstorm! It’s up to you to care for Mommy as she brings your beautiful new baby sister into the world!

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