01 Aug These trends are driving healthcare staffing demand over the long term

Source: SIA

Healthcare staffing has been in the news with its unprecedented growth during the pandemic and subsequent pullback. Hospitals’ reliance on contingent workers and use of crisis staffing has also made headlines. However, there are other trends in the longer term affecting the industry, according to SIA’s US Healthcare Staffing Market Assessment: 2024 Update report.

Here are some:

Increasing numbers of registered nurses entering the field. The current projected shortage of registered nurses stands at 193,100 openings each year, according to data from the US Bureau of Labor Statistics. On the other hand, the number nurse graduates entering the field rose by 36% in 2023 when compared with 2019. The number totaled 250,078 in 2023. Though there was one caveat: The number of nurses who passed the NCLEX dropped to 69.7% in 2023 from 72.8% in 2019. Still, the continued interest in nursing professions is a positive for the industry in minimizing the effects of the nursing shortage as well as in reducing burnout among overworked nurses and providing higher quality patient care as a result of better nurse to patient ratios. Successful healthcare staffing firms will need to develop a tailored strategy for effectively engaging this surge of new clinical talent.

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