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What’s Causing the Rise in Healthcare Payroll Expenses?

February 27, 2023 By Colton Miller

An article published in Modern Healthcare discussed data compiled by consulting firm SullivanCotter, which addressed a recent rise in healthcare payroll expenses. While a steady increase in the number of healthcare workers is part of the reason, other factors include problems with recruitment, retention, and competition for talent. 

It’s becoming more apparent that provider wage inflation, retention pay and recruiting incentives are taking a toll on many healthcare systems’ margins.

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Filed Under: Trending Stories

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