Many registered nurses, feeling overwhelmed and underpaid during the pandemic, have jumped at the chance to double or triple their salaries as travel nurses. Cash-strapped rural hospitals are having a hard time retaining them. "In a nationwide survey late last year, 99% said they were experiencing staffing shortages," Melissa Phillip reports for the Houston Chronicle.
But some lobbyists and legislators are calling for an investigation in hopes of capping travel nurses' compensation; if successful, that could help stanch the flow of rural nurses to wealthier urban hospitals that can better afford to pay travel nurses' higher salaries.
Two representatives from largely rural districts—Democrat Peter Welch of Vermont and Republican Morgan Griffith of Virginia—"wrote that they have received reports saying staffing agencies have inflated prices by 'two, three or more times pre-pandemic rates' while taking 40 percent or more being charged to hospitals in profit," Carrazana reports. "At least eight private-equity firms have bought at least seven staffing agencies since early 2021, according to a report in STAT News."
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