Hospitals Losing Workers as Healthcare Jobs Grow
Knybel agrees and gives credit to hospitals with Magnet recognition for their successful nurse retention levels. "If the hospital wants to be successful at keeping employees engaged, but also improve a key metric of improving the quality and value of the reimbursements you're getting, why not talk to the stakeholders who are providing the patient care?"
"Be able to listen," says Knybel. "It's important to actually listen to the feedback and make changes."
The industry is recognizing this need. According to PwC Saratoga, hospitals have increased their investment in HR in 2011 from $701 per employee to $806 per employee in 2011, although this figure still stands far below the $1,610 PwC noted that the rest of the industries spend.
Chelsea Rice is an associate editor for HealthLeaders Media.
- Resisting the Healthcare Consolidation Frenzy
- Give Nurses in Wheelchairs a Chance
- MGMA Urges 'End-to-End' ICD-10 Testing
- New G-Codes to Pay Doctors for Broad Array of Non-Face-to-Face Care
- Scary Financial Challenges for 2014
- HL20: George Halvorson—Expectations for Success
- 3 Better Ways to Market Bariatric Surgery
- 1 in 5 CT Screenings for Lung Cancer Results in Overdiagnosis
- MU Compliance Announcement Sparks Concern, Confusion
- Top 3 Health Plan Game Changers of 2013