KPMG’s 2011 U.S. Hospital Nursing Labor Cost Study - AMN Healthcare
November 14, 2012
KPMG’s 2011 U.S. Hospital Nursing Labor Cost Survey
Over the past several years, the economic changes in the United States appear to have significantly impacted hospitals and hospital labor trends. Key questions faced by hospital executives include how to best manage labor costs, and how to best allocate scarce resources and optimize hospital staffing to reduce expenses and improve patient care. As the economy begins to show signs of a recovery, and the pressure returns on nurse wages, attrition, and labor availability, executives are seeking to better understand the total cost of their labor, and how to successfully blend full-time and supplemental labor strategies.
In this survey, KPMG’s 2011 U.S. Hospital Nursing Labor Costs Study, we take a look at the current condition of U.S. hospital labor costs and explore some of the issues that could shape a hospital’s labor strategy in the coming years.
The survey was sent to a list of hospital executives throughout the United States, and we received responses from 120 senior executives, including CEOs, chief administrators, COOs, CFOs, and directors of human resources.
The responses from those at the heart of the industry give valuable insight into current challenges and future opportunities; they provide additional color on current trends in the United States and benchmarks that may be utilized when considering how to optimize your labor strategy; and they serve to better understand the fully loaded cost and productivity of a registered nurse. We’re confident that you will find this a stimulating and thought-provoking read.