It’s 2018, and the regulatory hell-hounds are chomping at the bit. Are fund accountants the answer?  Thanks to the growing complexity of financial reporting rules, even the Big Four accounting firms are rethinking previously laissez-faire attitudes about turnover. No one can blame them. According to the Bureau of Labor Statistics, there will be a 10% rise in demand for accountants…

It’s everywhere. Turn on the news, and you’ll hear news pundits discussing it at length. So, what’s the excitement about? The historically low unemployment rate. The National Conference of State Legislatures (NCLS) reports that about 223,000 jobs were created in May 2018. The unemployment rate is now pegged at 3.8%. But, don’t celebrate yet. For employers, the…

According to CNN, the shortage of skilled healthcare professionals is slated to reach a crisis level by 2025. An unprecedented rise in the aging population is the main driving force behind the crisis. Medical innovations are keeping us alive for far longer, but at what cost? As a healthcare organization, you know what you’re up against….

On April 16, 2015, President Obama signed MACRA (the Medicare Access and Chip Reauthorization Act) into law without much fanfare. Yet, this patient-centered approach to healthcare is quietly changing the face of medicine in America. The new legislation effectively repeals the Sustainable Growth Rate (SGR) formula for determining Medicare Part B payments. In place of the SGR, we…

Clinical trials have certainly been the subject of morbid fascination in recent years. Who can forget the infamous 2006 Elephant Man Phase 1 case in the UK? After taking their TGN1412 dosages at London’s Northwick Park Hospital, six male participants suffered multiple organ failures and extreme head swelling. The resultant fight for their lives was…

Does your job give you a sense of purpose? If not, you may want to rethink your career path. Having a fulfilling job isn’t just important to your happiness–according to recent research, having a sense of purpose is also impacts your physical and mental health. Since Americans currently work an average of 1,811.16 hours per…

Your new job looked like it was just the ticket when you landed it. But now you wake up every day hating the idea of going to that job. You wonder whether it’s already time to start job hunting again. When that voice inside your head screams “get me outta here,” it may be time…

Will the Upcoming Tax Changes Help or Hurt My Business? The impending tax reform will help you if you’re a corporation by reducing your tax from 35 percent to 21 percent. Most individuals and small businesses won’t see a benefit. In fact, the tax reform could damage them financially. A Few Tax Reform Myths and Facts Myth: The…

According to a 2017 IBM-sponsored study on cybersecurity, the healthcare industry incurs higher data breach costs than four other industries: financial services, research, media, and the public sector. The same study also reports that the healthcare industry has higher per capita data breach costs than average. In 2017, the US healthcare industry spent $380 per compromised record,…

According to the HRSA (Health Resources and Services Administration), the demand for primary care physicians will increase by 14% through 2020. The demand for nurses will increase by 28% through 2030. In the Northeast, the states of New Jersey, New York, and Pennsylvania will see the greatest demand for nurses from 2017 through 2030. Meanwhile, the accounting industry will see its…

Here at Vitalis Consulting, we’ve seen it all and heard it all. All the mistakes people make when searching for new job. Many job candidates unwittingly shoot themselves in the foot. Pay close attention and you can avoid these mistakes. These are red flags that have hiring managers skipping past your resume before you even…

Trust is fundamental to a successful partnership of any kind. The strongest partnerships involve mutual respect and collaboration. A business relationship should include loyalty, honesty, and integrity. This is just as true for your relationship with a staffing agency.  Here is how sticking with one staffing agency can build long-term trust: Finding the Right Candidate Takes Time…

  As the economy recovers, the task of attracting and retaining top-quality staff is becoming increasingly important to all organizations. The challenges are particularly important in the financial sector, where the supply of strong candidates for accounting and financial positions rarely meets the demand, especially in clustered urban markets where firms and their clients are…

In January 2017, the U.S. Department of Health and Human Services and 15 other federal agencies published its final revision of the Common Rule to protect the rights of clinical research patient volunteers. The Common Rule is also known as the Federal Policy for the Protection of Human Subjects. It was published in 1991 and…

  In speeches on the campaign trail in 2016, Trump promised to dismantle much of the Dodd-Frank Wall Street Reform and Consumer Protection Act. On February 3, 2017, President Trump signed an executive order directing the Treasury Department to make legislative recommendations for reform within 120 days. The order also delays implementation of the fiduciary…

It’s a miracle, but busy season is over! It’s high time you handed in your resignation and looked for greener pastures. Ok, that was a bit corny, wasn’t it? But, wait–before you roll your eyes, there’s one thing we’d like to ask you. If we told you that a particular consulting company wants to pay CPAs from one of the Big…

In Part 3: Recruiting Quality Patient Volunteers For Medical Research, we’re going to discuss marketing strategies that work. Leveraging Social Media To Recruit Volunteers. It has been reported that researchers spend nearly a third of their time on recruitment and enrollment. Yet, studies show that more than 70% of all nationwide trials fail to recruit enough volunteers for their projects….

In Part 2: Recruiting Quality Patient Volunteers For Medical Research, we’re going to discuss the topic of payments and its relevance to the recruitment effort. FDA Policy On Payments. The FDA is committed to the welfare of subject volunteers in clinical trials. As has already been stated, many participants are willing to expose themselves to great risk in…

For the past few decades, there has been a fairly consistent flow of books, movies, articles, editorials, blog posts, cartoons and more showing a bleak future for just about every profession. They all say the same thing: computers are going to take over. They can do things better and faster. And that last bit is…

Subject recruitment is an often overlooked element of a successful research study. Failure to recruit sufficient participants can be very disruptive to the study timeline, and in some cases, can be the reason for ending the trial. Recruiting quality volunteers is not easy, because some stereotypes are true for a reason. Patients who tend to…