The Definitive Healthcare HospitalView product tracks contract labor expenses for more than 3,200 U.S. hospitals. Data is sourced from the Medicare Cost Report, and results in the following analysis are aggregated from the most recent 12-month interval tracked in Definitive Healthcare’s database. The average hospital contract labor expense in the U.S. is $7.6 million based on Definitive Healthcare’s analysis of HospitalView data and makes up about 3.5% of a hospital’s total expenses. California hospitals account for half of the top 20 hospitals and the largest overall contract labor expenses. Ten of the top 20 hospitals are located in the state, and Kaiser Permanente facilities are particularly prominent.
Read the full article: Definitive Healthcare: Hospitals with the Highest Contract Labor Expenses //
Source: https://www.definitivehc.com/resources/healthcare-insights/hospitals-by-highest-contract-labor-expenses