HWL Insights

Sourcing talent in the healthcare industry has proven to be a tricky endeavor for facilities big and small. Between talent shortages, an aging baby boomer generation increasing demand for health services, and a large portion of the workforce reaching retirement age, recruiters have had their work cut out for them for quite some time. In fact, an estimated 900,000 registered nurses intend to leave their positions by 2027 due to burnout, stress, and retirement.

The Pandemic swept the nation and revealed the extreme pressures placed on our country's healthcare delivery system. Healthcare provider organizations face a highly competitive market due to chronic labor shortages and burnt-out medical workers. Additionally, inflation and unsustainable market rates that have yet to stabilize are making for the perfect storm. As a result, hospitals are being forced to find solutions that are both progressive and innovative to combat this clinical staffing dynamic. Healthcare organizations must address labor shortages with more creativity and business intelligence than before the Pandemic to operate in the black.