OTM: How to Weather the Impending Nursing Shortage

By: Jeff Johnson   |   November 06, 2017

 

For years we’ve heard about the impending nursing shortage that will rock the healthcare system in our country, but how big is it and what can healthcare employers do to decrease its impact on their operations?

The numbers are startling. From 2014 to 2022, 1.2 million vacancies will emerge throughout the country for Registered Nurses. By 2025, the shortfall is expected to be “more than twice as large as any nurse shortage experienced since the introduction of Medicare and Medicaid in the mid-1960s,” according to a team of leading nursing researchers at Vanderbilt University. To make matters worse, in the next decade almost 700,000 nurses across the country will retire.

So what can healthcare employers do now to decrease the impact of the nursing shortage reality in the future? Here are 3 actions to take now:

  1. Analyze RN Scheduling Models to Maximize Impact – We’ve found that many talented RNs are looking for more flexible schedule options. Often our employer partners who are willing to adjust their scheduling models to meet their nursing staff’s needs are able to attract and retain more RNs.
  2. Offer the Most Robust RN Benefits Package Possible – Benefits and pay are still crucial pieces to attracting and retaining RN staff. In our competitive marketplace, employers can’t afford to scrimp on these elements of the entire package.
  3. Align with a Staffing Partner that Specializes in Recruiting RNs – A healthcare recruiting partner that brings a deep and developed talent pool of RNs can give employers the advantage that they need to reduce the nursing shortage impact.

For more information about how we help healthcare employers find great RNs, get started today.