The American Hospital Association (AHA) describes the healthcare workforce as our most precious resource. Prior to the pandemic, job openings in healthcare were already at a record high. Now, however, the lasting impact of the pandemic and its subsequent “great resignation,” have pushed recruiting and retention to the point of becoming a national emergency.
While the increases in labor expenses thus far in 2022 have been primarily driven by employed staff, the AHA predicts that contract labor will continue to pressure hospitals with expenses nearly 500% higher than pre-pandemic levels. The statistics surrounding the shortage of nurses are especially concerning. In the acute care setting, the national hospital turnover rate reported for January through December 2021 was 25.9%—up 6.4% from the previous year. While turnover rates vary across roles within a hospital, nursing are among some of the highest. Learn more about the numbers here.
HealthTrust will offer its members a two-day summit (Feb. 14‒15, 2023) to delve deep into the staffing crisis and explore mitigation strategies surrounding recruitment, retention, mental health, alternative practice models and technology solutions. Join us for this live think-tank experience where you will learn from subject matter experts as well as colleagues from other leading healthcare systems and contribute to solutions for tackling these challenges.
Participants will:
- Interact with subject matter experts
- Learn about leading approaches and practices
- Explore specific response strategies or tactics
- Network with peers from other health systems
- Develop a customized action plan to initiate upon returning home
Contact me for more details or to express your interest in attending the live Summit on Feb. 14 & 15, 2023 in Nashville.
Kim Wright, RN, is the Assistant Vice President for Clinical Services with HealthTrust. With over 20 years’ experience leading successful program performance improvement, she mentors hospital leaders through successful care redesign, care variation reduction, physician engagement, and data-driven decision-making. Wright’s varied nursing leadership background has allowed her to understand the challenges facing hospital leaders and the importance of triad leadership. She attended Wright State University and the RN program through Miami Valley Hospital School of Nursing.
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