The Hidden Drivers of Hospital Labor Costs
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The Hidden Drivers of Hospital Labor Costs
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The primary source discusses hidden drivers of hospital labor costs, arguing that executives often overlook underlying issues like high turnover and overreliance on travel nurses in favor of surface-level fixes. It emphasizes that healthcare recruitment marketing and strong employer branding are crucial for building talent pipelines, improving retention, and ultimately controlling expenses while maintaining patient care. The document also highlights the importance of efficient scheduling, a positive culture, and a robust candidate experience to reduce costs associated with burnout and recruitment cycles.
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