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What's Really Driving Nurse Retention

Posted by HealthTrust Workforce Solutions on Jun 21, 2018 10:01:44 AM

 

According to the recent Nurse Insights Study by HealthTrust Workforce Solutions, 55% of registered nurses are content to stay with their current employer, but 23% plan to leave and 22% are undecided. That’s a 45% risk of nurse turnover, which can not only disrupt patient care but also carries a high financial price — to the tune of $78 million in potential replacement and training costs.

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Topics: Healthcare, Nursing, Thought Leadership, Healthcare Recruitment

Nurse Insights: The New Realities of Talent Attraction and Retention

Posted by HealthTrust Workforce Solutions on Jan 19, 2018 10:01:23 AM

nurse-insights-image.pngDespite an economic downturn some thought might slow demand for healthcare, the nursing shortage persists. Job openings for nurses between 2014 and 2024 are expected to increase 16%, making the profession one of the fastest growing occupations in the country. However, supply continues to significantly lag demand — with current nurse vacancies at nearly 1 million. 

Competition for nurse talent isn’t the only thing growing. The desire for transparency into healthcare employers and what it’s really like to work for an organization is growing too — creating a whole new dynamic in nurse attraction that is essentially turning recruitment strategies inside out. 

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Topics: Healthcare, Nursing, Thought Leadership, Nursing Shortage, Healthcare Recruitment, Nursing Leadership

Getting Strategic about Contingent Workforce Management

Posted by Jim Davis on Jul 20, 2017 10:12:53 AM

The single overriding mission of every health care provider is to ensure the best possible patient care. Achieving this mission requires finding the right people for the right place at the right time to provide this care. Today, this can be a challenge, given the high rate of health care job growth and the scarcity of specialty skills—especially in nursing. Many chief nursing officers (CNOs) are struggling just to fill core vacancies.

To improve care quality, more and more CNOs are retaining a managed services provider (MSP) to ensure adequate labor resources. As a CNO, how do you establish a true partnership with your MSP that ensures you get highly qualified, appropriately credentialed professionals?

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Topics: Healthcare, Thought Leadership

Case Study: How to Build a Better Positioned Workforce

Posted by HealthTrust Workforce Solutions on Jul 6, 2017 10:14:37 AM

St. Luke’s University Health Network, a 972-bed nonprofit health system in Pennsylvania, faced two increasingly persistent challenges. One was economic, as the health system faced continuing pressure on margins because of rising costs and diminishing payments and reimbursements. The other was meeting its staffing goals in an increasingly tight healthcare labor market.

Together, both challenges provided the impetus to look at whether St. Luke’s was deploying staff in the most optimal way for the health of the organization and its patients.

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Topics: Healthcare, HealthTrust, Thought Leadership

Smart Workforce Management Strategies to Maximize Productivity

Posted by HealthTrust Workforce Solutions on Feb 10, 2017 10:17:41 AM

In an era when cost seems to trump care, hospitals are challenged to find new ways to extract value from operations already burdened by the need to balance census levels, mandated value-based purchasing and reduced Medicare and Medicaid reimbursements. With labor typically as a hospital’s single largest cost, there is opportunity to unlock value through workforce strategies designed to address pressing needs for greater productivity, while supporting improved outcomes and patient satisfaction.

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Topics: Healthcare, HealthTrust, Thought Leadership

Getting Strategic about Contingent Workforce Management

Posted by Jim Davis on Dec 2, 2016 9:31:11 AM

The single overriding mission of every health care provider is to ensure the best possible patient care. Achieving this mission requires finding the right people for the right place at the right time to provide this care. Today, this can be a challenge, given the high rate of health care job growth and the scarcity of specialty skills—especially in nursing. Many chief nursing officers (CNOs) are struggling just to fill core vacancies.

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Topics: Healthcare, Thought Leadership

How to Build a Better Positioned Workforce

Posted by Parallon Workforce Solutions on Aug 22, 2016 12:28:16 PM

St. Luke’s University Health Network, a 972-bed nonprofit health system in Pennsylvania, faced two increasingly persistent challenges. One was economic, as the health system faced continuing pressure on margins because of rising costs and diminishing payments and reimbursements. The other was meeting its staffing goals in an increasingly tight healthcare labor market.

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Topics: Healthcare, Thought Leadership

Getting a Grip on the U.S. Nursing Shortage

Posted by Parallon Workforce Solutions on Jun 8, 2016 9:30:00 AM

Nurse Competency recently shared an article about getting a grip on the U.S. nursing shortage. The post outlined a combination of three smart recruitment and retention solutions that will help to address this ongoing challenge.

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Topics: Nursing, Nursing Perspectives, Thought Leadership, Nursing Shortage, Nursing Leadership

Healthcare Job Growth Remains Strong Despite Weak Overall May 2016 Employment Report

Posted by Parallon Workforce Solutions on Jun 7, 2016 10:34:59 AM

In a month which fell short of expectations, a total of 38,000 jobs were added to the US economy in May, according to data released last Friday by the U.S. Bureau of Labor Statistics. 

However, the Healthcare & Social Assistance (+55,400) and Professional Services (excluding temporary help; +31,000) sectors exhibited strong growth last month.

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Topics: Healthcare, Thought Leadership

Scrubs Mag: 6 Advantages of Becoming a Nurse Practitioner (Infographic)

Posted by Parallon Workforce Solutions on May 24, 2016 10:52:38 AM

According to the Bureau of Labor Statistics (BLS), employment of nurse anesthetists, nurse midwives, and nurse practitioners is projected to grow 31 percent from 2014 to 2024, much faster than the average for all occupations.

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Topics: Nurse Practitioner, Nursing Perspectives, Thought Leadership, Advanced Practice

  

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