Staffing Shortages: Responses and Risks at Hospitals and Health Systems

Hospitals and health systems have been dealing with staffing shortages for years, but the pandemic exacerbated the problem as hospital volumes declined and many hospitals experienced significant financial losses. The gap between the unemployment rate and job openings in the health industry by the end of 2021 was at its highest level in 15 years, and the turnover rate in the health care industry increased by 20% over the past five years. Don Briones, Senior Manager, ECG Management Consultants,...