For years, labor dominated the hospital expense conversation. Staffing shortages, travel nurse premiums and wage competition consumed the attention of CFOs and operations leaders across the country.

Rising labor costs are set to reshape the plastics manufacturing industry in 2026, driven by minimum wage increases, wage compression, and escalating benefit expenses. As manufacturers face cooling ...

According to new data from the National Restaurant Association, increases have impacted the entire P&L, from food and labor ...

Operating expenses are essential for day-to-day business functions, like customer service. Capex refers to long-term investment costs, contrasting with yearly-deducted operating costs. Evaluating a ...

Drug costs becoming hospitals' fastest-growing expense, rising faster than labor and nonlabor costs, challenges hospital financial management in 2024.

The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

Reducing labor expenses remains a point of emphasis for hospital leaders. UPMC is laying off around 1,000 employees, or approximately 1% of its workforce, as the Pittsburgh-based health system aims to ...

Heightened labor costs are still hitting health systems’ bottom lines, even as their finances have held relatively stable over the past year, according to two reports by consultancy Kaufman Hall.