A McKinsey report found labor shortages and labor costs will be main drivers of the anticipated $370B increase in healthcare spending by 2027. Staffing shortages among nurses, primary care physicians, mental health providers, and rising labor costs will continue to fuel the healthcare affordability problem in 2023 and beyond.

Labor & Workforce Shortages was a healthcare industry trend in our 2023 March Healthcare Classic. Explore this year’s interactive bracket to see the most impactful healthcare trends face off.