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 […]