Thursday, September 29, 2022
HomeHealth InsuranceDemand for US Journey Nurses Plunges – Healthcare Economist

Demand for US Journey Nurses Plunges – Healthcare Economist

Previously months, many hospitals and different well being care suppliers have famous the steep rise in the price of hiring nurses. Many suppliers noticed double digit year-on-year progress of nurse wages. As an illustration, some well being techniques in Louisiana noticed a 16% rise in labor prices between 2021 and 2020. Largely, a lot of the extra value was as a result of rise of travelling nurses.

In current months, nevertheless, demand for nurses–particularly journey nurses–has fallen dramatically. Kaiser Well being Information stories that:

Nationally, demand for registered nurse vacationers dropped by a 3rd within the month main as much as April 10, in accordance with information from staffing company Aya Healthcare, though openings have rebounded barely in current weeks.

Contemplate the case from one well being system in Oregon.

When Oregon’s governor declared the pandemic emergency over April 1, state-level covid aid cash evaporated. Oregon Well being & Science College Hospital in Portland misplaced funding for near 100 journey nurses. That, together with decrease covid charges and extra full-time hires, has led to “a bursting of the bubble,” stated Dr. John Hunter, CEO of OHSU Well being.
The well being system had about 50 contractors of all types earlier than the pandemic, in contrast with 450 at its peak, when sufferers, many in want of shut monitoring, flooded in and turned the hospital’s restoration room into an intensive care unit.
“It has been very costly,” Hunter stated. However issues are turning round, he stated, and in current weeks the hospital has negotiated contract charges with its journey nurse company down as a lot as 50%.

One can see the development in US journey nurse demand from the graph under:



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