Mariah Muhammad of Becker's Healthcare interviewed 66 executives to learn about their organization's areas of growth. Check out an excerpt of the article below or view the full piece here.
Becker's asked C-suite executives from hospitals and health systems across the U.S. to share their organization's areas of growth for the next few years.
The 66 executives featured in this article are all speaking at the Becker's Healthcare 11th Annual CEO+CFO Roundtable on Nov. 13-16, 2023, at the Hyatt Regency in Chicago.
As part of an ongoing series, Becker's is talking to healthcare leaders who will speak at our conference. The following are answers from our speakers at the event.
Question: Where are your health system's biggest opportunities for growth over the next three years?
Julie DeLoia, PhD. Chief Academic Officer of OpusVi: Two of the largest threats currently facing health systems are dwindling budgets and dwindling staff. In fact, according to the 2023 NSI National Health Care Retention & RN Staffing Report, each percent change in RN turnover will cost or save the average hospital $380,600 per year, and that's only accounting for one position in the workforce.
Learning to successfully attract, retain and upskill top talent through workforce development through continued education is the largest necessity and simultaneously the biggest opportunity for growth. From advanced degrees to population-specific training (such as senior living, social determinants of health and rural healthcare), creating career growth opportunities and upskilling employees benefit the entire organization and health systems that take advantage of this approach will reap the rewards.
To read the full article, click here.
