Oliver Wyman September 15, 2023
It’s time for a paradigm shift in how hospitals leverage and deploy nurses. We need to embrace workflows that encourage team-based care and utilize technology.
Look around the healthcare industry and you’ll find near unanimous agreement that something dramatic needs to change, and soon. US employers anticipate total health benefit cost per employee to rise 5.4% next year. That spike comes after nearly of decade of increases hovering between 3% and 4%. And while margins have stabilized slightly, most hospitals continue to see their bottom lines tighten, largely from rising labor and supply chain costs, as well as a shifting payer landscape. From a provider perspective, the cheers from balconies and fanfare for their heroic work during...