• Containing Hospital Labor Costs ThumbnailCOVID-19 has put added pressure on hospitals to reexamine their operations and budgets and determine ways in which they can limit cost.

    Labor is the highest expense for most hospitals and healthcare systems and therefore a logical place to look for cost containment opportunities. COVID-19 makes this an even greater priority, as treating virus patients requires the addition of more clinicians and support personnel.

    However, it is important to consider that labor is not just a cost, but a source of direct and indirect revenue for hospitals. Healthcare professionals put patients in hospitals and/or create the outcomes, quality of care and patient satisfaction for which hospitals will increasingly be paid.

    Download our white paper to learn methods hospitals can use to control labor costs while continuing to ensure high levels of quality care and access for patients in their communities.

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