Here are important healthcare trends as you plan your successful recruiting efforts.
- How Fast Are Jobs In Healthcare Growing?
- What Is The Outlook For Registered Nurses?
- How Plentiful Are Therapy Jobs?
- The Shocking Nursing Shortage Statistic
- What Is AI And How Is It Being Used?
- The Physician Shortage Is Real
- Why The Telemedicine Market Will Thrive
Schedule a free strategy session today to discuss industry trends and staffing challenges.
According to the Bureau of Labor Statistics, healthcare is projected to grow 18 percent from 2016 to 2026 which translates to 2.4 million new jobs. This is a much faster rate of growth than the average for all occupations.
The market for qualified RNs is only going to get more competitive. According to the U.S. Department of Labor Job Outlook Projections, the average growth rate for RNs is 16%. Much faster than the 7% average growth rate for all occupations. By 2022 it is projected that there will be 1 million RN jobs available.
Just take a quick look at therapy job titles on Indeed.com, and you get a sense of how many options there are for employment for qualified therapists. We recently found 494,910 occupational therapy jobs listed, and 478,940 physical therapy job openings. The competition for qualified therapists is fierce.
By 2025 the nursing shortage will be TWICE THE SIZE of any nurse shortage since the introduction of Medicare and Medicaid in the mid-1960s, according to a Vanderbilt University Research Study. Employers are going to have to expand their recruiting efforts to achieve the results they need.
Artificial Intelligence (AI) is intelligence (e.g., decision making) demonstrated by a machine or software program. Healthcare employees will see this area grow as AI assists with administrative tasks, solving a variety of challenges for patients, offering “virtual nurses” via our smartphones, etc.
Physician hiring is projected to increase by 15% over the next decade, according to the American Academy of Family Physicians. This will create a severe shortage. Understanding what is important to qualified physicians when deciding on a career move is critical—things like flexibility, allowing them more of a voice, having a commitment to quality, etc.
Virtual care involves the remote diagnosis and treatment of patients by medical experts who are miles away. One report claims that, globally, telemedicine will be a $36.2 billion industry by 2020, up from $14.3 billion in 2014. The benefits are many, including convenience, the ability to more easily monitor (and manage) chronic conditions, the ability to more quickly treat urgent symptoms, and better access for those located far from a city/medical care.