Blade: Hospital tech worker shortage weighs on UTMC’s budget

The University of Toledo Medical Center continues to lead the way in revenue growth for the school, even as costs mount to fill vacant lab tech and other similar job positions using third-party vendors.

Patient service revenues for the former Medical College of Ohio Hospital were more than $26 million higher than expected for fiscal year 2023, which ended June 30, with more than $377.5 million collected compared to roughly $351.1 million budgeted, according to the final budget numbers.

Those revenues are nearly $52 million, or 15.9 percent more, than the more than $325.6 million collected in 2022.

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