February 07, 2022
To close out 2021, U.S. hospitals were in a “vise of rising volumes and ballooning expenses,” while facing continued labor shortages and supply chain challenges, according to the latest Kaufman Hall National Hospital Flash Report.
The report, released last week, indicated that hospitals ended 2021 in a better position than a year prior, but still lagged behind their pre-pandemic performance.
"As we enter the third year of the pandemic, hospital and health system leaders face worsening labor shortages that are driving up costs across health care,” Erik Swanson, senior vice president of data and analytics with Kaufman Hall, said in a statement.
Here are five key takeaways from the report:
“Organizations are having to pay high salaries to attract the workforce they need, while also paying more for drugs and other supplies,” Swanson said. “Managing through these challenges will require organizations to build new levels of agility and efficiencies.”
HAP continues to advocate for resources and support to ensure Pennsylvania’s hospitals and their outstanding teams can provide high-quality care in the communities they serve.
Kaufman Hall’s monthly snapshot draws on data from more than 900 hospitals and is available online.
Tags: Workforce | Public Health | COVID-19
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