Workforce Trends Shaping Healthcare | Seite 2

“For healthcare systems, this conversation often zeroes in on nurses, but choosing to let other areas slide in terms of retention can be equally detrimental to costs, as well as patient care and satisfaction.” Fluid Dynamics: Evolving Healthcare Landscape Requires Innovative Approach to Multiple Workforce Issues Healthcare as an industry continues to evolve in dramatic fashion, and 2018 will be no different. Everything from reacting to legislative changes to the Affordable Care Act to difficulties in staff recruitment and retention, not to mention technological advances that also bring challenges, is forcing administrators to be more flexible than ever. Across the country, in systems both large and small, healthcare leaders are stepping up. Customized, unique approaches to expand and improve core operational issues are being crafted and rolled out, with the result being systems that can adapt more quickly than ever to their own specific circumstances. Take a look at some major trends facing healthcare today, and how solutions are being implemented. Employee Turnover: Problem or Choice? An online search for healthcare jobs will yield pages of advertisements and recruiter postings. Obviously, the jobs are there. But what’s being done to keep people in those positions once they are hired? High turnover is bad for business, in healthcare or any other industry sector, because of the time and expense surrounding the onboarding and training of new employees. For healthcare systems, this conversation often zeroes in on nurses, but choosing to let other areas slide in terms of retention can be equally detrimental to costs, as well as patient care and satisfaction. According to the Robert Wood Johnson Foundation, replacement healthcare costs for non-nurse and non-physical healthcare jobs can cost as much as 20 percent of annual pay (Long, 2017). The problem is multifaceted, and so is the solution. Clear changes, such as better and more quickly obtained benefits, are becoming more commonplace. Mentorship and residency programs are also gaining importance alongside leadership training. All this is being done with an eye toward heading off problems— workload seen as too heavy, lack of growth opportunities—before employees leave. Where to begin? It seems a good starting point is to analyze what areas of staff have the highest turnover, dig into the reasons why those people are leaving and plan corrective action (Bean, 2016). Millennials as Caregivers: Weighing the Pros and Cons Other than Baby Boomers, it’s unlikely that any generation in the last century has gotten quite as much attention as Millennials, and much of that has been negative. Entitled, the “participation trophy” generation… the reviews are often unflattering. Be that as it may, they are now the largest segment of the workforce (Diesing, 2016), and these men and women born between 1979 and 1994 are the face of healthcare today and going into the future. Despite the bad rap they get, or maybe because of it, Millennials are not shy about the positives they bring to the workforce. They are self-confident and firmly believe in the value they provide. These employees are change agents, often to the chagrin of more senior leadership, and are unafraid to ask “Why?” What this creates is an employee who is more than willing to engage and learn new tasks, but also one who prioritizes the work-life balance that older healthcare workers were willing to forego. Savvy employers will play to Millennials’ strengths, building team-based HealthStream.com/contact • 800.521.0574 •