Noncompete ban may squeeze rural hospitals, report shows

Noncompete ban may squeeze rural hospitals, report shows 
Modern Healthcare; by Alex Kacik; 5/2/24 
The federal noncompete ban may squeeze rural nonprofit hospitals that continue to see labor costs rise, a new report shows. Last week, the Federal Trade Commission voted to finalize a rule preventing most employers from enforcing or issuing contracts that restrict employees from working for a competitor. ... Larger hospitals are more likely to have the financial flexibility to offer clinicians and staff higher wages, likely at the expense of smaller, rural hospitals, Fitch Senior Director Kevin Holloran said.