Healthcare providers face exodus of staff
It should come as no surprise, then, that healthcare has been among the top three industries impacted by the Great Resignation, with many healthcare professionals quitting their positions to find improved work-life balance . And for healthcare organizations facing increased turnover, the worst may be yet to come. According to a new study by the American Medical Association, one in five physicians and two in five nurses intend to leave their current practice within the next two years .
As a result, staff shortages are now the number one concern keeping American hospital executives up at night . Other countries around the world – from the UK and Germany to Singapore and Australia – are seeing a similar exodus of healthcare professionals, fueling fears about the potential impact on quality of care [7,8,9,10].