Managing the workforce and containing labor costs has long been an important initiative for hospitals and health systems. With labor accounting for more than half of operating expenses, labor cost containment has always been on the minds of healthcare executives, but it is quickly moving to the top of their priority list. A Becker’s Hospital Review survey of 75 healthcare finance executives showed that nearly three-quarters of respondents said that managing labor costs was the top financial concern keeping them up at night 1 . Managing labor costs Uncertainty around reimbursements Staying competitive in the market What are the top three financial concerns for your organization? What keeps you u

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