StrataSphere® Research Report

Healthcare Labor Trend Report

Key findings include: 

  • Labor expenses continue to remain disproportionately high due to turnover and shortages and retention/recruitment strategies.
  • While agency spend continues to trend in a favorable direction, overtime hours remains 30% higher than 2019 in patient care unit.
  • Understanding the breakdown of your labor spend (salaries, benefits, premium) is the first step in identifying target areas for improvement.
Fill out this form to download the report:


StrataSphere®

Leverage the power of your network

Actionable, Trustworthy Data

can be translated and analyzed across health systems, entities, and service lines

Advanced Capabilities

including Benchmarking of Key Performance Indicators (KPIs), Industry Insights and Comparative Analytics, Predictive Modeling, and the Development of Financial Standards

Machine Learning

natural language processing, and predictive analytics are used to normalize, standardize, map and clean data across tens of billions of records

Collaborative Testing

that provide insight to enhance your planning.  Participating organizations receive customized analytics that can be compared to the broader StrataSphere insights