Providers face staffing shortages and continued pressure on margins while payers are challenged by people who continue to put off care, resulting in a member base that is sicker.
The pandemic has had a profound impact on every industry, and almost two years after it began, healthcare organizations are still grappling with some of the same challenges they faced when it started. For providers, staffing challenges are particularly acute with a tightening labor market. Hospitals are facing increasing turnover, widespread burnout and staff members calling in sick. More spending on salaries, bonuses and other incentives to recruit and retain staff are key issues unlikely to abate anytime soon amid a "Great Resignation."
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