Centra works to reduce expenses for travel nursing

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May 22, 2019

View full story in the News & Advance.

An ongoing shortage in nurses nationwide has led Centra to increasingly rely on traveling nurses to supplement its staff.

Centra’s December 2017 end-of-year financials show it spent approximately $17.5 million on contract labor, which includes travel nurses, at the same time it was “engaged in robust nursing recruiting efforts with the intent of eliminating the need for contract nurses by the end of 2018.”

In 2018, Centra’s "continued reliance on travel nurses to meet demands for services drove an increase of $11.7 million" — a full 67% — in contract labor expenses to $29.2 million total over 2017, according to financial disclosure documents.