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ShiftMed Knowledge Center

Explore the latest healthcare workforce trends and strategies in our Knowledge Center. Each week, we provide actionable insights and expert tips to help industry professionals stay informed and enhance your workforce management with our up-to-date content.

Achieving Operating Budget Stability at Health Systems

The healthcare industry is facing a severe nursing shortage, and the impact of this crisis is being felt across the board. The shortage affects health systems in many ways, but one of the most significant impacts is operating budgets. As health systems struggle to maintain staffing levels, they rely on expensive agency contracts and travel nurses, contributing to budget instability. At the same time, labor costs continue to rise, making it challenging to maintain a balanced budget. 

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