Hospital Operating Margins Down 15% as Tight Competition for Healthcare Workers Drives Up Hourly Rates, According to Syntellis Performance Trends Report
CHICAGO – December 3, 2021 – The latest monthly report from Syntellis Performance Solutions — a leading provider of innovative enterprise performance management software, data and analytics solutions for healthcare organizations — released today finds that hospital operating margins are down 15% compared to October 2020 as factors such as The Great Resignation, supply chain issues and the long-term impact of the COVID-19 pandemic converge to drive up expenses.
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