Remove 2019 Remove Labor Costs Remove Offshoring Remove Outsourcing Operations
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Coping With Recession: How Healthcare Providers Can Maintain Financial Stability | Blog

Everest Group

As a result, medical supply prices were up a whopping 46% at the end of 2021, compared to 2019. Furthermore, it is important to note that healthcare provider businesses face a considerable amount of exposure to labor costs. In fact, outsourcing medical coding staff alone can save hospitals 25-30% on administrative costs.