The wage increases started to abate this year as many nurses returned to their permanent jobs, easing staffing shortages. In the most recent quarter, wages were up a more moderate 3.8%, points out Scott Fidel, an analyst at Stephens. But the strikes, along with policy decisions at the state and federal levels, could reverse that trend, he says. One such example is a proposed Centers for Medicare and Medicaid Services rule for a national minimum nurse-staffing standard in the long-term-care-facility industry. “The confluence of all these different pro-inflationary policies and labor actions in aggregate could ultimately catalyze a renewed upward trend in wage inflation,” he wrote.
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