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2016 Medical Hire Surge Boosted Staffing Companies

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By Phil Cohen

*This blog post has outdated content. We’ve kept it for informational purposes only. Please refer to our updated blog for new content.

A Bright 2016 Ahead For Healthcare Staffing Agencies

Staffing companies can expect to have a good year this coming 2016. According to Staffing Industry Analysis, the United States has already added 144,000 jobs to the healthcare industry since 2014, providing a reliable source of qualified professionals. Advanced practitioners play a crucial role in connecting healthcare organizations with these clinicians. The healthcare staffing revenue will reach $12.7 billion by December, with a 17% increase from last year. Healthcare staffing numbers have raised in travel nursing, per diem nursing, locum tenens and allied health. There are no projected numbers yet for 2016, but another jump up is expected.

The increase in staffing can largely be accredited to the number of newly insured patients as a result of the Affordable Care Act. The act has increased the demand for healthcare personnel. It is estimated that six million more people will be ensured in 2016.

Healthcare Staffing Industry Overview

The healthcare staffing industry plays a vital role in connecting healthcare professionals with facilities in need of their expertise. This dynamic industry is essential in ensuring that healthcare facilities operate at optimal capacity, providing quality patient care. With the demands in the healthcare field continually evolving, the industry strives to meet these changes head-on. The healthcare staffing industry in Georgia is particularly thriving, bolstering efficient healthcare delivery and improving patient care quality.

Times are Changing in the Healthcare Industry

Another rising factor in employment is a result of the ICD-10 change. The new medical coding system has changed as of October and there is no looking back. New hires are needed for training on the new systems and putting them into effect, highlighting the need for specialized staffing services. The new code system has a 300% increase in the number of codes which is resulting in a lower coder productivity. The rise of tele-medicine is also calling for more staff. The flexibility and lost cost nature of the programs leaves companies looking for more physicians and nurses. Areas that are scarce in the health industry are the ER, school and primary care, and worker’s compensation.

Hospitals and nurse practitioners offices currently hold the most new hires but there is a shift coming. Lower cost facilities are beginning to see a rise in hires in places like urgent care clinics. Workforce solutions are becoming essential to address these changes and ensure a productive and engaged workforce.

A “Scribe” is a new job occupation that is hitting hospitals and will be another position that needs to be filled. The scribe will accompany the doctor and performs logins and patient record updates. This will help the doctor to increase the amount of patients they have to see.

Benefits of Healthcare Staffing for Facilities

Healthcare staffing agencies offer numerous benefits to facilities, including access to a vast network of pre-screened, qualified candidates. These agencies specialize in finding talent from local communities, reducing dependence on traveling staff. By partnering with a healthcare staffing agency, facilities can streamline their hiring process, improve job satisfaction, and increase retention rates. Additionally, staffing agencies can provide flexible staffing solutions, including contract, contract-to-hire, or direct placement options, to meet the unique needs of each facility.

Technology and Innovation in Healthcare Staffing

Technology and innovation are transforming the healthcare staffing industry, enabling agencies to provide more efficient and effective staffing solutions. Online platforms, such as the LT Online Experience, offer clinicians one-stop visibility into locum tenens work, while vendor-neutral portals like LocumSmart streamline the locums process. Furthermore, staffing agencies are leveraging leading technologies to develop platforms that enable healthcare professionals to learn about job opportunities in leading healthcare facilities. These innovations are revolutionizing the way healthcare staffing agencies operate, improving the overall quality of patient care.

Where to Turn for Financial Support for Healthcare Facilities

Without having the proper funds, your healthcare staffing company can run into some issues with all the new hiring demands. Staffing factoring can get your business where it needs to be and give you the freedom to take on more clients and grow. PRN Funding understands that slow paying clients are tough to handle when you are trying to pay bills. We even offer payroll and back office support services to lighten the load of your day to day tasks. Let us be the tool to help you reach your goals this year.

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Phil Cohen

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