How Health Care Providers Can Manage Through the Skilled Nursing Shortage
Skilled Nursing Shortage

How Health Care Providers Can Manage Through the Skilled Nursing Shortage

Nursing is the biggest health care occupation in the United States, with about 4 million RNs in practice here. While it seems like a large number, 4 million isn’t nearly enough. Even before the pandemic, health care providers were struggling with a shortage of skilled nurses. The impact of the COVID-19 pandemic has only made the situation more dire.

Between Baby Boomers aging, an increase in chronic illnesses, nurses being burnt out and completely leaving the profession, and many nurses ready to retire, the demand for skilled nurses has quickly outpaced the supply. Now add in the fact that, because of the pandemic, many nurses are leaving the profession altogether.

The labor market for nursing professionals continues to strengthen with 59% of hospitals reporting they plan to expand their RN staffs, and increase of 14.2% over 2019, according to the 2020 NSI National Health Care Retention and RN Staffing Report. With a clear nursing shortage, this situation has become very problematic. Having skilled nursing directly affects the staffing arm of your CMS Five-Star Rating. Not employing enough nurses to cover the number of patients in your facility is a real predicament.

Many nurses entered the profession specifically because they wanted to be on the frontlines of healthcare. Unfortunately, the horrific impact of the pandemic has made some nurses reevaluate their career choices, making it critical that you retain the ones you already have while also having the ability to quickly hire new staff to replace those who leave.

It can be a real juggling act but having a human capital management (HCM) solution in place can be the tool that can help you recruit, retain, and engage your skilled nurses. The right HCM software can help reduce time-to-fill for your open positions by developing a robust candidate pipeline that enables you to track a candidate’s progress through the hiring process from a single dashboard. It can also offer support with workforce management, such as scheduling and training your nursing staff.

It can cost between $97,000-$104,000 to replace a nurse so it’s important to do everything in your power to help ensure you keep the staff you have. It’s equally important that, when you do hire new nurses, you have the ability to recruit and hire those that are perfect fits for your facility. We can help.


hr tool solution finder

More to Discover

Webinar: Virtual Demo: Workforce Management Solutions - 2/10 @1pm ET

Webinar: Virtual Demo: Workforce Management Solutions - 2/10 @1pm ET

Paycor’s human capital management software modernizes every aspect of people management, from the way you recruit, onboard and develop people, to the way you pay them, retain them and build a company culture. With a single source of truth for all employee data, you’ll never have to switch platforms, log-in to multiple systems, re-key information or open multiple spreadsheets. In this live virtual demo, our product experts will highlight Paycor’s Workforce Management Solutions, including Payroll, Time and Scheduling. Discover how HR Leaders can optimize productivity, track labor costs, confidently pay employees and ensure you have the right coverage when you need it. Speakers: Kim Saldana and Kyle Baker

Getting a Handle on Employee Absenteeism in Manufacturing

Getting a Handle on Employee Absenteeism in Manufacturing

Absent employees represent a significant cost to any business, but it poses a particular problem for manufacturers. In factories, employees fill more specialized and skilled positions that play key roles in the manufacturing process. An absent employee may not only impact his or her immediate function but every other function downstream in the process. Some experts estimate employee absenteeism can cost the U.S. manufacturing industry $3 billion every year in lost productivity.Common Causes of Staff Absenteeism Many factors can have an impact on employee attendance but some of the more common causes include: Illnesses or injuries Stress and depression Low morale, disengagement or general job burnout Caring for a sick child or elderly...

Electronic Visit Verification for Home Health Care

Electronic Visit Verification for Home Health Care

As technology continues to impact and improve our lives, it also changes the way we have traditionally done things. In the healthcare industry, for example, one area of significant growth—COVID crisis—has been the home healthcare market. Even established brick-and-mortar healthcare facilities are exploring home healthcare options. As a result, the government has recognized the importance of establishing guidelines for tracking and monitoring home health care visits. What is Electronic Visit Verification? Electronic visit verification (EVV) is a way to confirm and track home health care services electronically. EVV was established in the 21st Century Cures Act of 2016 to keep better records of home health care services provided and...

Webinar: How to Build the Ideal HR Team (with Limited Time, Budget and Resources) - 2/18 @11AM ET

Webinar: How to Build the Ideal HR Team (with Limited Time, Budget and Resources) - 2/18 @11AM ET

Building the ideal HR team doesn’t happen overnight. But this webinar can give you a head start! Based on 30 years of working with HR and business leaders, along with lots of interviews and research, we’ve developed this webinar that highlights what it takes to build a high-functioning HR team (with limited time, budget and resources). Speaker: Katy Bunn Katy leads the Marketing Communications group at Paycor. She is responsible for overseeing brand, content, public relations, social media and community investments. Katy “grew up” in B2C advertising, leading word of mouth marketing and brand strategy efforts for brands like American Greetings, Shaw Floors, Formica and White Castle. Katy uses her background in B2C marketing to create...