Traveling around through various associations and conferences, I hear the same refrain; “we’re going to eliminate travelers and contract labor”. That sound like music to the CFO’s ears, but is it be realistic? In some cases, a laser like focus on staffing models can have that impact. However, the $63B
As governmental funding for pandemic staffing has wound down, the bottom line for hospitals has taken a serious hit. Organizations with the highest labor costs during 2022 spent an average of $465M1. Large organizations such as Kaiser Permanente and Banner Health1 took a serious hit during that period of explosive
Let’s be honest, future healthcare provider financial projections are not pretty. Drastically reducing the highest top line costs to secure future financial solvency is key, and temporary staffing is ostensibly the item zero in on.