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Trends in hospitals' use of contract labor
Paul Shoemaker1, Thomas M Schuhmann
1Cost Report Data Resources, LLC, Louisville, KY, USA.
Abstract:
During the period of 1997-2005, total personnel expense for the nation's short-term hospitals averaged about 51.1 percent of total operating revenue. Contract labor expense as a percentage of total personnel expense increased from 1.3 percent to more than 3 percent during this period. By making more judicious use of contract labor, short-term acute care hospitals nationwide could reduce their staffing costs by as much as $3.5 billion.
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