With increasing life spans and no commensurate bump to the average retirement age of healthcare workers, the numbers simply can’t add up. America’s healthcare system is headed for a historic reckoning.
WOBURN, Mass. (PRWEB) June 04, 2019
HealthcareSource®, the leading provider of talent management solutions for the healthcare industry, has released a new resource, “Aging America: Healthcare Talent in Crisis.” This new white paper details the challenges healthcare organizations face in caring for a rapidly growing aging population. This valuable report provides insights, strategies, and specific steps any healthcare provider can undertake for more effective recruiting in this challenging environment.
With the U.S. population of people age 85 and up expected to double from 6.3 million in 2015 to almost 13 million by 2035, overall healthcare demand will grow significantly due to increases in three key factors related to aging: care complexity due to comorbidities, the number of required interventions, and the required level of intervention (acuity). Meanwhile, nearly 75 percent of nurses age 54 or older plan to retire in the next three years. As a result, healthcare providers will need to source even more talent, compounded with a need to find candidates who will be able to care for more elderly patients and their unique healthcare challenges.
“With increasing life spans and no commensurate bump to the average retirement age of healthcare workers, the numbers simply can’t add up,” said David Wilkins, Chief Strategy Officer, HealthcareSource. “America’s healthcare system is headed for a historic reckoning. The hospitals, nursing homes, senior living operators, and home care providers that successfully recruit the right mix of clinical talent and behavioral competencies for the coming decade will not only be in the best position for financial success, but they will also be meeting the physical health needs of tens of millions of elderly people.”
This resource from HealthcareSource provides new insights on the crisis facing healthcare providers now and into the future, including details on the aging of the U.S. population, the issues causing post-acute settings to care for elderly with more acute conditions, the comorbidities complicating senior care, and the additional significant challenges of an aging healthcare workforce. It also outlines the critical elements of building talent pipelines to address these issues, establishing effective retention plans to minimize turnover, and developing a strong employer brand.
HealthcareSource® is the only comprehensive talent management suite designed specifically to support the healthcare talent ecosystem. Our software, services, content, and analytics enable more than 3,500 healthcare organizations, senior care providers, and staffing agencies, spanning over 6,000 locations, to ensure quality patient and client care by recruiting, retaining, and developing quality talent. HealthcareSource and its award-winning healthcare talent management solutions have been recognized by industry analysts and trade groups.