Business Wire December 3, 2021
Analysis of more than 1,000 hospitals and 135,000 physicians shows pay increases aimed at worker retention plus escalating medical supply costs are further stressing healthcare systems
CHICAGO–(BUSINESS WIRE)–The latest monthly report from Syntellis Performance Solutions — a leading provider of innovative enterprise performance management software, data and analytics solutions for healthcare organizations — released today finds that hospital operating margins are down 15% compared to October 2020 as factors such as The Great Resignation, supply chain issues and the long-term impact of the COVID-19 pandemic converge to drive up expenses.
“Healthcare organizations need to put an emphasis on rewarding and recognizing top performers in ways that are meaningful, including creating a safe environment....
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