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Coding and CDI Professionals Eyeing Retirement in 1 to 5 Years

Survey data highlights need for human capital strategic planning


News provided by

Harmony Healthcare

Nov 03, 2021, 08:20 ET

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TAMPA, Fla., Nov. 3, 2021 /PRNewswire-PRWeb/ -- Over 17% of coding and CDI professionals recently indicated they are within 1 to 5 years of retirement. Harmony Healthcare recently conducted a survey of 1,300 coding and CDI professionals on their perspectives in the wake of the great resignation. Their responses underscore the urgency in building a strong staffing partnership to manage through a growing skills gap.

As a leader in delivering experts within reimbursement, population health, and information technology to providers across all care settings, Harmony Healthcare is on the leading edge of human capital strategies for coding and CDI professionals. These skills are vital to mitigating lost healthcare revenue and maximizing quality clinical outcomes.

There is very real pressure to attract potential career professionals to this industry while also investing in providing continuing education to current employees.

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"I have never seen more demand for coding and CDI candidates, so learning that 17% of current professionals plan on retiring soon was quite remarkable," said Taylor Kolligs, VP, Recruitment Solutions of Harmony Healthcare. "There is very real pressure to attract potential career professionals to this industry while also investing in providing continuing education to current employees."

Harmony Healthcare's experience in solving complex labor challenges comes from a wide perspective, as they are on pace to deploy 1,000 consultants in 2021. Other critical findings from the survey include:

1) 53% of coding and CDI professionals are open to speaking with a recruiter about career their options
2) 34% have strongly considered taking a new job within the last 30 days

"This is a classic supply demand crunch where leaders should plan for rising pay rates and alternate sourcing strategies," said Randy Verdino, CEO of Harmony Healthcare. "The workforce is completely virtual which complicates the issue. Anyone can work for any hospital, anywhere at any time."

To reserve your invitation to Harmony's next coding virtual event, please visit tinyurl.com/CodingEvents. To reserve your invitation to Harmony's next CDI virtual event, please visit tinyurl.com/CDISEvents.

About Harmony Healthcare:
Harmony Healthcare delivers expert level consultants within reimbursement, population health, and information technology to providers on a national basis and across all care settings. The company empowers healthcare organization success, enhances clinical and financial outcomes, and enables the transition to value-based healthcare. For more information, please visit https://harmony.solutions/.

Media Contact

Susan Taylor, Harmony Healthcare, +1 (501) 920-0625, [email protected]

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SOURCE Harmony Healthcare

Related Links

https://harmony.solutions/

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