More than half of the state’s hospitals could be out of cash by the end of 2023. The high cost of contract labor is driving up the state’s hospital expenses. Last winter and spring, some hospitals were paying contract nurses up to $250 per hour.
At a Bellevue Chamber of Commerce event, Washington hospital executives warned that the healthcare industry is on a path toward more service cut-backs and longer emergency department wait times.
“The aftermath of the hurricane is worse than the hurricane itself,” Washington State Hospital Association President and CEO Cassie Sauer said at the event.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
