Hospitals paying $24 billion more for labor during the COVID-19 pandemic

Elvera Bartels

Photo: ER Productions Minimal/Getty Visuals

As the delta variant pushes COVID-19 caseloads to all-time highs, hospitals and wellbeing techniques throughout the country are shelling out $24 billion more for every 12 months for capable scientific labor than they did pre-pandemic, according to a new PINC AI analysis from Leading.

Medical labor costs are up by an common of 8% for every affected individual working day when in comparison to a pre-pandemic baseline interval in 2019. For the common 500-bed facility, this interprets to $17 million in further yearly labor charges because the starting of the public wellbeing emergency.

The facts also shows that time beyond regulation hours are up 52% as of September. At the identical time, the use of agency and short term labor is up 132% for whole-time and 131% for aspect-time workers. The use of contingency labor — positions created to comprehensive a short term venture or

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