With COVID-19 hospitalizations still extremely elevated due to the spread of the highly contagious omicron variant, the need for nurses has never been higher.
Already facing a major nursing shortage caused by high levels of stress and burnout from the pandemic, hospitals have increasingly turned to third-party agencies to find traveling nurses to fill their staffing needs.
The travel model is more lucrative for health care workers. The Dallas Morning News reports that traveling nurses in Texas make about $40,000 more per year — not including overtime — than nurses who work full time for a single hospital. "We have received reports that the nurse staffing agencies are vastly inflating price, by two, three or more times pre-pandemic rates, and then taking 40% or more of the amount being charged to the hospitals for themselves in profits," the letter, dated Jan. 24, reads.
NPR reports that some states, like Massachusetts, could install rate caps for traveling nurses. While such caps would likely lower health care costs for patients, some nurses fear that they could drive down wages and send more workers away from the industry.
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