Intelliworx News and Announcements
Find the latest news and announcements from Intelliworx, plus insights and analysis as we blog on the B2B topics that matter to the federal government community, healthcare facilities, and the private sector.
The top recruiting challenges facing rural hospitals [and ideas for overcoming them]
Survey research finds the lower cost of living, greater autonomy and a higher sense of fulfillment are attractive characteristics rural healthcare facilities should pitch to prospective provider candidates by Intelliworx Rural healthcare facilities are under financial pressure. At the end of 2022, the American Hospital Association (AHA) reported 136 rural hospitals closed between 2010 and 2021. The trend hasn’t slowed down either. As we turned the corner on the New Year, another 88 hospitals, many of which are rural, shuttered or cut back on the healthcare services offered. There are many reasons why this is happening. One significant factor is that rural facilities struggle to attract talent, such as physicians, physician assistants (PAs) and nurse practitioners (NPs). A periodic survey – Rural Physician Recruitment and Staffing Survey Results – by Jackson Physician Search does well to quantify some of the challenges and propose some ideas for overcoming them. Below are […]
5 benchmarks for financial incentives in healthcare recruiting
Family practice physicians average $255,000 in salary, while NPs and PAs average $151,000; the vast majority of healthcare employers compensate providers for continuing education and offer educational loan forgiveness by Intelliworx As far as benchmarking goes in healthcare recruiting, the AMN Healthcare (formerly Merritt Hawkins) annual report on recruiting incentives is very credible. The organization has been producing the report based on talent searches it has conducted for the last 30 years. This year, the report is based on 2,676 permanent positions the organization has filled for physicians and advanced providers, such as nurse practitioners (NPs) and physician assistants (PAs). We’ve previously covered some of the takeaways we gleaned from the report on market dynamics and the competition for talent. This post will summarize some of the key benchmarks for financial incentives in healthcare. 1. Provider salary ranges and averages AMN says it conducted more searches for NPs than any […]
Recruiting: 5 emerging sources of healthcare are adding new competition for talent
Demand for healthcare has grown as the supply of providers has fallen; this is creating new competition for credentialed talent by Intelliworx The shortage of healthcare providers has led to longer wait times for appointments. New patients experience an average wait time that’s 8% longer than it was in 2019. Further, these wait times have grown 24% since 2004. That’s according to a report titled, 2023 Review of Physician and Advanced Practitioner Recruiting Incentives, by AMN Healthcare (formerly Merritt Hawkins). This has resulted in several new business models, all of which aim to ease access to healthcare but also create new competition for credentialed healthcare talent. The report identified five new or emerging competitors. 1. Retail pharmacy chains opening up clinics Pharmacy chains like CVS and Walgreens are investing in clinics run out of their retail locations. Collectively, these clinics experienced patient growth while primary care facilities have seen a […]
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 […]
Intelliworx Launches New Workforce Management Software for Rural Hospitals
FOR IMMEDIATE RELEASE Workflow and Process Automation Platform Aims to Streamline and Reduce the Cost of Recruiting, Hiring and Onboarding of Providers for Underserved Healthcare Facilities Sterling, VA – November 14, 2023 – Intelliworx, a provider of workflow and process automation software, has rolled out a new product called Workforce Management to modernize and improve the process of talent acquisition for rural hospitals. The solution will help smaller healthcare facilities reduce the cost of recruiting, shorten the time it takes to fill open positions and improve the overall experience for hospitals and prospective candidates. “Anyone that works in healthcare knows there’s a shortage of qualified staff, but the problem is more acute among rural hospitals,” said Intelliworx CEO Rob Hankey. “Compensation tends to be lower, and the workload is larger, so they really need to have their processes for attracting, screening and onboarding new hires polished to attract and retain […]
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. […]
HRworx Announces Rebrand, Changes Name to Intelliworx | Press Release
HRworx Announces Rebrand, Changes Name to Intelliworx HRworx Announces Rebrand, Changes Name to Intelliworx Intelliworx unveils new name, and logo as part of rebranding. STERLING (VA, USA) JANUARY 4, 2017 Intelliworx, developer of SaaS process management solutions, has completed a rebranding effort along with revised corporate vision. At the center of this rebranding is the change of the company name to Intelliworx from HRworx, and an update to the corporate logo. “HRworx has a brand new look, feel, and NAME. We remain the same great company that we’ve been over the last 15 years, but have expanded our platform to support any workflow you can imagine. Many fields of business, not just HR, can benefit from our technology. Welcome to Intelliworx.” Over the course of the company’s history, Intelliworx (formerly HRworx) has cemented its status as a market innovator and champion of digital transformation, empowering clients to seamlessly transition their […]