A new report says Texas is among the states most severely hit by the nursing shortage. Moody’s Investors Service says the issue is most prevalent in Florida, Georgia, Texas, and California, where growing and aging populations are combining with low numbers of new nurses entering the workforce.
The report’s overarching finding is that not-for-profit hospitals are seeing “extreme” nursing shortages that could impact expenses and contribute to personnel issues for at least three to four more years. It’s a supply and demand issue, and it’s led hospitals to up pay, add sign-on bonuses, and attach fringe benefits, hence the crunch on overall hospital expenses.
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