Travel nurse pay varies widely depending on the assignment. Estimates show hourly wages can be at least double if not triple the $39 per hour that the average staff nurse makes. But the price hospitals pay for travel nurses is significantly more than what the nurses themselves are paid, because nurses sign on with staffing agencies that enter contracts with hospitals, negotiating prices based on demand.
The former Halstead Hospital and other attached parcels of land and property are on the auction block. The hospital itself closed in 2002, with numerous attempts to reopen its doors over the years.
After an extensive search and interview process with stakeholders across the organization, ECU Health announced Andrew "Andy" Zukowski, MBA, as the health system's new chief financial officer, effective Nov. 28.
The Negative Outlook reflects post-pandemic inflationary pressures on labor and supplies, partially offset by $6.6 million of final stimulus funds recognized in fiscal 2022. Management expects CTH to generate between $2 million and $3 million in operating profitability in fiscal 2022 with an operating EBITDA margin of 5.3% to 5.6%, and breakeven operations in fiscal 2023, with an operating EBITDA of just under 5%.
Half of the nation’s health care expenditures are spent on care delivered in hospitals and clinics, both markets suffering from the ills of monopoly. In a newly released paper, we lay out pragmatic solutions for tackling hospital monopoly power, with an aim to lower costs for patients.