Hospitals are experiencing a nursing shortage that will continue to weigh on hospital finances for at least the next three to four years, according to a new report by Moody’s Investors Service. “An aging population, increased incidents of chronic disease and alternative employment options, such as nurse staffing and traveler agencies, drive increased demand,” says Moody’s Analyst Safat Hannan. “Although the supply of nurses is expected to improve with the expanded nurse training programs and increase in the number of eligible nurse educators, it will still take three to four years for the supply to meet expected demand.”

Related News Articles

Headline
The House Energy and Commerce Subcommittee on Health today held a hearing to discuss legislative proposals on health care, including two AHA-supported bills…
Headline
The U.S. Department of Health and Human Services July 10 rescinded a policy that extended certain federal public benefits to immigrants lacking permanent legal…
Headline
AHA’s Trustee Services July 8 released a new resource, “Building a Resilient Health Care Workforce,” which discusses how board leadership can shape strategies…
Headline
The AHA July 2 expressed support for the Resident Physician Shortage Reduction Act (H.R. 3890), bipartisan legislation that would add 14,000 Medicare-funded…
Headline
The Centers for Medicare & Medicaid Services June 27 announced the rollout of a 6-year technology-enabled prior authorization program pilot. Through…
Headline
Boston Medical Center’s Jeff Schneider, M.D., associate chief medical officer, designated institutional official and chair of the Graduate Medical Education…