Hospital officials: High cost of using travel nurses ‘crippling’ hospital finances
The high cost of using travel nurses is said to be "crippling" hospital finances.
An American hospital association policy briefing used those exact words Thursday, reporting labor costs were 84% higher than in 2019.
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According to the group, hospitals have been forced to use more expensive travel nurses due to staff shortages caused by the pandemic.
The industry group went so far as to send a letter to the Federal Trade Commission to complain about anti-competitive pricing.
Hospital administrators say they are not trying to cap nurses' pay, and they simply want an investigation of the practices of certain staffing agencies.