Sign Up
Stories
Medical Groups Grapple with Labor Cost Challenges
Share
AI's Impact on Healthcare
AMN Healthcare's Workplace Diversity Rec...
Benefit Trends in 2023
Chaotic Healthcare Demands Innovation
Doctors Reject Pay Deal in England
Efficient Cost Cutting in Clinics
Overview
API
Medical groups face significant financial challenges due to labor costs, with a median loss of over $249,000 per physician in 2023. Staffing shortages and rising labor costs are exacerbating the issue, prompting medical group executives to focus on staffing needs and implement strategies like telehealth and automation to enhance operating efficiencies.
Ask a question
How might the increasing use of telehealth impact the efficiency and effectiveness of medical services?
In what ways could the focus on staffing needs and automation influence the future of medical group operations?
What are the potential implications of rising labor costs on the overall healthcare industry?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Sep 2023
Oct 2023
Nov 2023
Coverage