Extra Incentives to Increase Your Hospital Staff’s Career Satisfaction
In today’s low unemployment market, hiring and retaining medical staff is a challenging task. For healthcare systems and hospitals, the standard strategies of retaining staff by providing competitive pay and benefits are no longer enough. In such a tight labor market, employers need to get creative to retain staff and provide them with the type of career satisfaction that leads them to stay active and engaged.
Going Out of Business: Healthcare Bankruptcies and Financial Concerns on the Rise and Growing
Last year healthcare bankruptcy filings more than tripled according to data compiled by Bloomberg. The rate of bankruptcies for companies worth more than $1 million in assets also reached a record high. As the healthcare industry suffers more bankruptcies and closures, what is influencing this disturbing trend?