May 16, 2022
Compared to pre-pandemic levels, hospital labor expenses have increased by more than a third, according to a new Kaufman Hall special report.
The special edition of the analyst’s National Hospital Flash Report focuses on the “perfect storm of expense, volume, and revenue pressures” that are challenging the nation’s hospitals, contributing to steep margin declines during 2022.
“The pandemic made longstanding labor challenges in the health care sector much worse, making it far more expensive to care for hospitalized patients over the past two years,” said Erik Swanson, senior vice president of data and analytics at Kaufman Hall.
Here’s what you need to know:
This special edition of the National Hospital Flash Report evaluated data from more than 900 hospitals and includes a representative sample of all U.S. hospitals.
HAP continues to advocate for the necessary resources to ensure Pennsylvania’s hospitals can continue to deliver outstanding care in the communities they serve. The report is available to review online.
Tags: Workforce | Public Health | COVID-19
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