Chief Healthcare Executive September 11, 2024
The labor market is improving for health systems, but hospitals continue to see vacancies above pre-pandemic levels, according to Fitch Ratings.
After years of struggling to find and keep workers during the worst of the COVID-19 pandemic, hospitals are seeing a brighter picture on the labor front.
Hospitals are seeing fewer job openings, and inflation in wages is easing, according to Fitch Ratings.
Kevin Holloran and Richard Park of Fitch Ratings talked with Chief Healthcare Executive® about the improving labor outlook for hospitals. They noted that hospitals are seeing more success in recruiting and retention and they are starting to see more predictability in labor costs.
“When we speak with hospitals and health systems, they’re doing two main things right...
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