Thank you for Subscribing to Healthcare Business Review Weekly Brief
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Healthcare Business Review
Thank you for Subscribing to Healthcare Business Review Weekly Brief
By
Healthcare Business Review | Monday, January 22, 2024
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Adapting to healthcare staffing changes involves addressing persistent provider shortages, leveraging AI technology, and exploring innovative solutions from staffing agencies. Success lies in strategic workforce planning and embracing transformation.
FREMONT, CA: The healthcare staffing industry is confronted with dynamic changes that shape how healthcare professionals are recruited, deployed, and retained. As demographics, technology, and regulatory landscapes transform, healthcare organisations navigate uncharted waters. Persistent challenges such as provider shortages, coupled with the infusion of artificial intelligence and the influence of legislative changes, demand a strategic approach to workforce planning.
Navigating the Healthcare Employment Rollercoaster: There has been a rise of 58,400 new jobs in healthcare employment. Notably, there will likely be more rivalry for elite talent, which will especially impact allied health and travel nurses. Stronger roles can be achieved by emphasising differentiators in job descriptions, investing in initiatives that improve the whole work experience, and enhancing hiring practices. Working with employment firms to find and draw in the best candidates is advised.
Surge in Physician Burnout: Over the last five years, there has been a noticeable increase in physician burnout, rising from 42 per cent in 2018 to a significant 53 per cent. In light of this alarming trend, it is accepted that healthcare executives should review wellness initiatives and mental health services. To avoid overwork and reduce stress, it is crucial to implement efficient measures to support permanent clinicians and consider locum tenens reinforcements.
Navigating the Realities of Recruitment Challenges: Employers are having trouble filling vacancies, particularly in the medical field, demonstrating the realities of the hiring issue. About 80,000 physician vacancies were posted in the past 12 months, yet only one in five were filled. It is recommended that healthcare leaders engage in strategic planning to reduce losses resulting from vacant positions, maintain service delivery continuity, and maintain patient happiness.
Addressing the Surge in Chronic Diseases: Six out of ten people have at least one chronic illness, indicating a rising incidence of these conditions. Leaders must take proactive steps to find doctors and advanced practice providers specialising in treating and preventing chronic illnesses. To meet this expanding need for healthcare, there is a need for specialist professionals such as cardiologists, oncologists, and endocrinologists.
Rise of Telehealth: Options for telehealth are becoming more popular, and patient interest is rising significantly. About 60 per cent of telemedicine participants said they had made at least three virtual visits in the previous year.