Will 2018 be the year healthcare addresses its turnover problem?
As a new year begins, healthcare providers continue to confront profound unpredictability in their business outlook. Efforts to undermine the Affordable Care Act continue, and the individual mandate has been stripped away. The new tax law may trigger vast, automatic…
Software Helps Predict Employee Retention
Turnover among healthcare and social assistance workers is on the rise, with the rate inching toward one-third annually. Not only is turnover disruptive, it’s also resource-intensive, with providers spending tens of thousands on job searches and new employee training. Every…
Health systems turn to predictive technology to improve retention rates
The American healthcare system faces any number of challenges, from securing medical reimbursements from the government to keeping hackers out of its medical records. But hospitals face another big challenge that is significantly affecting their operations: staff turnover.
Sunrise Slashes Turnover Using Predictive Analytics in Hiring
Sunrise Senior Living has been testing predictive analytics to make smarter hiring decisions, greatly improving retention among participating new workers. The McLean, Virginia-based operator now plans to roll out the system on a larger scale next year.
How hospitals can use AI to make hiring decisions
Hospitals struggle to retain employees in every role, from the C-suite to the front desk. Nearly 37 percent of hospital workers say they plan to leave their current organization within the next two years, forcing hospitals to replace almost half…
America’s future health care will require a workforce trained to use technology
While there is uncertainty over how health care policy will evolve, the rapid erosion of the fee-for-service system is certain. With its massive volume incentives, disjointed care infrastructure, and huge costs, fee-for-service medicine is being replaced by risk-based models and…
Wise Practitioner – Predictive Workforce Analytics Interview Series: Mike Rosenbaum at Arena
In anticipation of his upcoming Predictive Analytics World for Workforce conference presentation, Real World Lessons in Predicting Employee Retention and Engagement, we interviewed Mike Rosenbaum, Founder and CEO at Arena.