Déjà Vu?
August 28, 2023
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The 21% rise in coronavirus cases and 24% jump in hospitalizations evoke war-like memories.
But this battle will look a little different.
Pro: We're Prepared
The speed and severity of the pandemic caught us off guard. The past months and years stockpiling medical supplies, improving treatments and updating surveillance make it unlikely for health systems to experience a repeat of the strain felt in 2020.
Con: We're Already High Risk
The pandemic exposed weaknesses in health systems and the need to create social safety nets and support systems for businesses and individuals. Increased workloads, extended periods of stress and safety concerns caused a spike in burnout and resignations among our nation's caretakers. These haven't returned to pre-pandemic levels; they've normalized at their post-pandemic equilibrium.
We Can't Afford Another Pandemic
Nearly 50% of American clinicians expect to leave their jobs within the next three years. Paired with increasing staffing costs – the 2023 NSI National Health Care Retention & RN Staffing Report prices each vacancy at $52,350 – administrators have become proactive to ensure mass resignations don't become a recurring phenomenon. HR leaders cannot afford for mass resignations to become a recurring phenomenon.
Investing in Ourselves
Workforce is the #1 Priority for Health Systems across the nation and financial freedom sits atop the employee wishlist. Meaningful benefits, feeling valued at work, and support for personal well-being have proven to retain employees.
We're Here to Help
Plannery is the financial management platform that helps healthcare professionals stay financially secure.
We improve employee retention through better rates on loans, an exclusive credit card and personalized financial management.