Chief Healthcare Executive May 12, 2022
A new Kaufman Hall report says increased labor costs have added to the financial challenges facing American health systems. Healthcare leaders will have to find ways to recruit and retain workers.
Labor expenses at U.S. hospitals have risen by more than a third since the arrival of the COVID-19 pandemic, according to a new report by Kaufman Hall.
Hospitals have been struggling with higher costs for labor and supplies in recent years, and those higher costs have been a drag on their financial performance.
Labor expenses at American hospitals and health systems rose 37% per patient between 2019 and March 2022, according to the report, which was released May 11. Labor costs per adjusted discharge rose from $4,009 to $5,494...