Healthcare DIVE November 13, 2024
Medical groups’ median investment in each employed physician surpassed $300,000 for the first time ever in the third quarter, according to Kaufman Hall.
Dive Brief:
- Heightened labor costs are still hitting health systems’ bottom lines, even as their finances have held relatively stable over the past year, according to two reports by consultancy Kaufman Hall.
- Pricey contract labor costs have decreased, but the rest of the labor market is still tight, the consultancy said.
- Medical groups’ median investment per employed physician reached $304,312 in the third quarter, the first time the metric has risen above $300,000. The increase suggests current models of physician employment aren’t sustainable, Matthew Bates, managing director and physician enterprise service line leader at Kaufman...
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