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Although health care organizations are using innovative strategies to recruit and retain nurses and federal, state, and local government agencies are providing financial support to help alleviate shortages, the national nursing shortage will continue to be one of the greatest challenges to the health care industry for many years, according to a report issued by Fitch Ratings, an international credit rating agency based in New York City.

Reports From the Field: No quick end to nursing shortage, new report says

September 1, 2003

Reports From the Field

No quick end to nursing shortage, new report says

Although health care organizations are using innovative strategies to recruit and retain nurses and federal, state, and local government agencies are providing financial support to help alleviate shortages, the national nursing shortage will continue to be one of the greatest challenges to the health care industry for many years, according to a report issued by Fitch Ratings, an international credit rating agency based in New York City.

Because health care providers will continue to experience salary inflation and increasing benefit expenses, these costs will offset any savings from increased operational efficiency in other areas.

The "Nursing Shortage Update" report can be found at www.fitchratings.com. Click on "U.S. Public Finance," then "Special Reports."