As US labor costs continue to rise at alarming rates, healthcare CFOs are looking for opportunities to reduce both clinical and non-clinical costs while improving performance, market share and a better patient experience. Unfortunately, achieving all three in today’s post-Covid world is more difficult than ever. And with healthcare worker burnout added to the mix, providers are having to deal with higher attrition rates not seen in years prior.
In listening to today’s workforce, we’re finding that salary, benefits and remote work options are becoming non-negotiables. Employers are having to re-evaluate their budget needs and expectations. Job-seekers have more options that before and are more willing to decline a job offer until the right offer comes along. And leadership is surely facing scrutiny for not doing enough.