New Report Highlights Damaging Shift In Healthcare Labor Expenses
Sarasota, FL (WorkersCompensation.com) – Last year, 30 percent of hospitals were expected to report financial losses, with a total loss of $54 billion. To add insult to injury, a new report from Kaufman Hall shows that hospital labor expenses have also increased 37 percent over what they were prior to the pandemic.
According to a Morning Consult report from last fall, during the pandemic around 12 percent of job vacancies in healthcare were due to layoffs, and 18 percent were due to ...
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