Mathematica and NASHP prepared a labor cost data brief using the NASHP Hospital Cost Tool (HCT). The brief examines the national trends of hospital revenue, profit, and labor cost from 2011 to 2022, which highlight the impact of federal and state COVID-19 relief funds and more. State officials interested in specific hospital direct care labor cost trends and profit margins can check out the visual dashboards within the HCT and even use the downloadable data set.