As the delta variant pushes COVID-19 caseloads to all-time highs, hospitals and health systems across the country are paying $24B more per year for qualified clinical labor than they did pre-pandemic, according to a new PINC AI analysis. The analysis found that clinical labor costs are up by an average of 8% per patient day when compared to a pre-pandemic baseline period in 2019. For the average 500 bed facility, it translates to $17M in additional annual labor expenses since the pandemic began.
Additional information can be obtained at PINC AI Data Shows Hospitals Paying $24B More for Labor Amid COVID-19… | Premier (premierinc.com).