In the healthcare sector, concerning trends have emerged regarding workforce retention. Recent data indicates a significant departure of professionals from the field, with statistics painting a worrying picture:
- Approximately 71,300 physicians, accounting for nearly 7% of the active physician workforce, have left their positions in the last couple of years.
- According to the American Association of Colleges of Nursing (AACN), 23.8% of newly hired registered nurses (RNs) exit within their first year, and this number escalates to 50% within two years.
- A report by Fierce Healthcare in October 2023 highlighted that over 145,200 clinicians resigned from the workforce in 2021 and 2022. Notably, internal medicine and family practice doctors were prominently represented among those departing, as revealed by a Definitive Healthcare report.
These statistics transcend mere staffing challenges, pointing towards a crisis with far-reaching implications for both patients and healthcare providers. The implications of this workforce exodus are profound and must be addressed to ensure the continuity of quality care in the healthcare industry.
(Source: https://lnkd.in/dZvS8VJX)
Director of Implementation @ VisualDx, Clinical Educator and Life Long Learner
2dReading your article reminds me of the early successes of Kaiser Permanente, as pioneers of the managed care model, which stemmed from their systematic follow-up processes with discharged patients, ensuring compliance with treatment plans, medication adherence, and recovery progress. This proactive approach minimized unnecessary readmissions and fostered better outcomes. Similarly, their use of nurse-led triage and accessible medical clinics reduced reliance on fragmented systems involving referrals and scripts, which often suffer from weak follow-through. The concept of providing an "envelope of care" resonates strongly in today's shift toward value-based and digitally enabled healthcare. Your insight on a digital transformation builds on these principles by using tools like remote monitoring, predictive analytics, and virtual consultations to create a continuous and connected care experience. Getting payers to continue to support these initiatives, realizing they will benefit from reduced costs and acuity, will be the key. Do we begin to shift from Fee-for-service to a capitated model of health as an indication of success?