The power healthcare suppliers face to cut back prices is forcing adjustments amongst staffing firms, in line with a brand new document from S&P World Scores.
“Healthcare suppliers are grappling with the ever-rising power to keep watch over prices,” mentioned S&P credit score analyst Sarah Kahn in a information liberate. “Whilst they’ve grew to become to outsourcing staffing, their intense center of attention on charge reducing has put important power on staffing firms to decrease costs, building up the price they upload by way of both specializing or increasing their menu of services and products, or each.”
The company mentioned it expects staffing firms can have fewer shoppers if they do not be offering what hospitals want to achieve their value-based care objectives.
S&P’s outlook at the staffing trade is solid.
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