Hospitals and health systems felt the repercussions of nationwide labor shortages throughout 2022, as they grappled with higher labor costs, filling staffing gaps, and downstream effects on transitioning patients along the continuum of care.
The latest Hospital Vitals report — published in partnership with the American Hospital Association (AHA) — shares year-end 2022 data from 1,300+ hospitals and health systems. Key findings comparing hospitals’ 2022 performance to 2019 include:
Total Contract Labor Expense skyrocketed 257.9%
Contract Labor FTEs jumped 138.5%
Median Contract Wage Rate paid to staffing firms rose 56.8%
Emergency Overtime Hours per ED Visit increased 22%
Download the full report for more data on the state of healthcare in 2022.