As the nation’s labor market improves, hospitals that saw demand for nurses erode their margins last fall, are now aggressively hiring and targeting turnover in a bid to stem further financial strain.
Executives gathered in San Francisco this week for an annual healthcare conference had a mixed view of the labor market for nurses and other healthcare professionals. Some perceive greater demand and others said the market remains unchanged. Those conflicting opinions might reflect how labor markets vary across the U.S., and depend on the strength of local economies and the number of competitors vying for talent, executives said.
