Supply and demand issues looming for health care
BenefitsPRO August 15, 2022
Shortages are driving up health care costs. What can you do?
Over the last few months, supply shortages have plagued the health care industry. And while these shortages have been drivers of costs in the short term, over the longer term, it may be that a shortage of something else will drive costs up even more — a shortage of labor.
So as you are grappling with shortages of supplies in the present and planning for shortages of labor in the future, here are some thoughts about what you can do to put downward pressure on costs.
Hospital material supply shortages
The first thing to do is to better understand the problem.
At the end of May,...