CNBC March 28, 2023
Key Points
– As hospitals have turned to travel nurses to ease staffing shortages during the pandemic, contract labor expenses have risen more than 250% over the past three years.
– The national average pay for travel nurses was $150 an hour in early 2022, which analysts say tempted more nurses to leave staff jobs, increasing turnover and exacerbating shortages.
– Trinity Health System has used an internal travel nurse program to help control costs, reduce turnover and provide workers with more flexible hours at its hospitals in 26 states.
Cassie Jupin grew up wanting to be a nurse. She set her sights on a job at St. Peter’s Health Partners hospital in Albany, New York, and landed a position...