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7 market dynamics rural healthcare recruiting must navigate in 2024

Recruiting of physicians and nurse practitioners may become more challenging as the demand for healthcare continues to grow while the supply of providers shrinks by Intelliworx Most healthcare facilities are acutely aware of the talent acquisition challenges facing healthcare organizations. What they may not have considered is the impact some macro market dynamics have contributed. To that end, an annual report, the 2023 Review of Physician and Advanced Practitioner Recruiting Incentives, by AMN Healthcare (formerly Merritt Hawkins), now in its 30th year, does well to identify seven such dynamics. 1. The U.S. population continues to grow Citing data from the Census Bureau, the report says, “The U.S. population is projected to grow from 332 million people today to 423 million by 2050.” Forecasts like this may vary depending on who is doing the counting, but most projections forecast continued growth and this drives demand for healthcare services. 2. The U.S. […]

21 Statistics that Summarize the Cost of Healthcare Recruiting and Retention

Healthcare organizations spend upwards of $50,000 for a single recruiting search on a physician – but the “cost” of lost revenue from vacancies can be much higher and more challenging for rural facilities by Intelliworx We recently launched a brand-new software solution called Workforce Management. The product was a year in the making and is intended to help rural healthcare facilities streamline the recruiting process for providers and other healthcare workers. While we’ve been in the software business for more than 20 years, launching a new product carries inherent risks in a free market. However, we’ve poured a lot of resources into researching the challenges around recruiting in rural hospital settings. Here’s a sample of some of the secondary research we reviewed, which may provide some insights and benchmarks that are useful to the community. 1. Physician recruiting fees can be up to 35% of annual salary The search consulting […]

7 takeaways from OMB’s 21st Century IDEA guidance [OMB M-23-22]

OMB’s new guidance to Federal agencies for implementing the 21st Century IDEA emphasizes rebuilding trust in government by improving the digital experience of its websites and apps by Intelliworx If you can’t find the information you are looking for on a website it erodes trust. The same is true if the information you do find is outdated or conflicting. That’s a problem the U.S. government is striving to address on its digital properties. Trust in government is at an all-time low, according to the 2023 Edelman Trust Barometer, an annual global survey. It found people trust business and non-governmental organizations more than they trust the government – and it’s been trending in this direction for years. So, the digital experience (DX) – the interactions citizens have with government websites and apps – impacts trust. Fixing the issues isn’t a panacea, but it will go a long way toward rebuilding trust. […]

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