The Future of Healthcare Staffing: Trends and Insights from Recruitment Agencies
Insight Partner’s most recent study, “Healthcare Staffing Market Size Report & Share Forecast to 2028 – COVID-19 Impact and Global Analysis – by Service Type and End User,” predicts that the market will grow from $34.76 billion in 2021 to $51.58 billion by 2028, with a CAGR of 5.8% during that time. The hospitals and clinics category held the greatest share of the market in 2021, however, the client segment is predicted to exhibit the highest CAGR of 6.2% in the market between 2021 and 2028.
In this article, we will have a deep understanding of the trends and insights the healthcare industry is facing. The demand for healthcare workers has escalated, resulting in solid partnerships with reliable staffing companies. To address the patient’s needs it has become paramount to meet the demand and supply of workforce for healthcare organizations.
5 Key Trends Shaping Recruitment Agencies
In 2023, recruitment agencies are experiencing a paradigm shift in healthcare staffing. Five pivotal trends are reshaping the industry. These key trends are discussed further in the following points:
1. Increase in Demand for Locum Tenes
Locum Tenes refers to professionals substituting the positions until a permanent provider is made available. This has been creating substantial growth opportunities in the global healthcare staffing market. Many hospitals are turning locum tenes professionals to fill different roles like surgical, consultation, ER staffing, etc.,
To address the patient volume, the need for both in-person and telehealth counsellors has increased. This approach addresses uninterrupted patient care. In addition to this, hiring tenes locum professionals is reducing the cost associated with onboarding and training new hires.
2. Technology-driven healthcare Staffing Approach
To improve the efficiency and effectiveness of the staffing approach, the use of new and innovative technology needs to be incorporated. This has improved in automating tasks, improving the professional’s experience, and use of data & analytics to make better decisions.
Different forms of technology have been used including Artificial intelligence (AI), Video interviewing platforms, Applicant tracking systems (ATS), and Data Analysis. All of them play a pivotal role in reaching a wider pool of candidates and employers.
A technology-driven healthcare staffing approach can benefit both healthcare organizations and candidates. For healthcare organizations, this approach can lead to time and cost savings in the hiring process, elevate the caliber of hires, and diminish turnover rates. Candidates, in turn, experience a more streamlined and transparent job search process.
Overall, a technology-driven healthcare staffing approach is a win-win for both healthcare organizations and candidates. It can help to improve the efficiency and effectiveness of the hiring process, resulting in better hires and improved patient care.
3. Emergence of New hiring Models
New hiring models, particularly virtual and remote options, are gaining traction in healthcare for non-clinical and medical administrative roles. This shift is driven by several factors. Firstly, these roles often require flexibility in terms of work hours and location, making virtual and remote models appealing for attracting and retaining top talent. Additionally, these models offer cost savings, including reduced expenses on office space and travel. Moreover, they enable healthcare organizations to tap into a broader talent pool, regardless of geographical constraints, which is especially advantageous for regions facing worker shortages.
Examples of such models include outsourcing to specialized agencies, hiring freelancers for specific projects, and creating remote contractual positions. Beyond these advantages, virtual and remote arrangements lead to higher employee satisfaction and engagement, lower absenteeism and turnover rates, and increased productivity. For healthcare organizations, adopting these models can offer a range of benefits, ultimately enhancing workforce flexibility, reducing costs, broadening access to talent, and improving overall job satisfaction and productivity.
4. Global Trends
Global medical staffing is on the rise due to factors like an aging population and a shortage of healthcare workers, especially in specialized fields. Healthcare institutions are increasingly looking to hire internationally, which offers benefits like accessing a broader talent pool, cost savings, and promoting diversity. While language barriers and immigration compliance are challenges, careful planning can overcome them. To succeed in international hiring, healthcare organizations should partner with reputable staffing agencies, define clear requirements, offer competitive compensation, and provide support for settling in. Overall, international hiring presents a valuable opportunity to source top-quality medical talent, provided challenges are addressed with diligence and preparation.
5. The Tech- Revolution
The surge in medical technology-based roles stems from an aging population, rising chronic diseases, and globalization of healthcare. These positions encompass medical device engineers, medical software engineers, medical data analysts, medical imaging technicians, and radiation therapists. As healthcare leans more on technology, demand for these roles is expected to increase. Perks include making a positive impact on patient’s lives, working on cutting-edge tech, and enjoying competitive compensation.
Some Insights from Healthcare Recruitment Agencies
Healthcare recruitment agencies serve as critical intermediaries in the healthcare industry, bridging the gap between healthcare organizations and qualified professionals. Their frontline position provides them with unique insights into the challenges and opportunities facing the sector. Here are some key takeaways based on their perspectives:
1. Rapid Growth in Demand for Healthcare Workers
The increase in demand for skilled professionals is rising day by day. The increase in ageing population, chronic disorders, and the evolving complexity of healthcare services contribute to this trend. The trend is influenced by factors like a maturing population, a surge in chronic conditions, and the advancing intricacy of healthcare services. Consequently, healthcare organizations are in a perpetual search for skilled personnel to meet the escalating demands of patients.
2. Widening Skills Gap in Healthcare
The demand for healthcare workers is outpacing the supply of qualified professionals. Nowhere is this more evident than in specialized fields like nursing and anesthesia. The skills gap presents a significant challenge for healthcare organizations in ensuring they have the right personnel with the necessary expertise.
3. Integration of Technology in Staffing Processes
Technology is playing an increasingly pivotal role in healthcare staffing. Recruitment agencies are leveraging automation to streamline tasks like resume screening, candidate-job matching, and even conducting initial interviews. This technological infusion enhances the efficiency and effectiveness of their operations.
4. Emphasis on Flexibility and Work-Life Balance for Candidates
Healthcare professionals are seeking roles that offer greater flexibility and improved work-life balance. This shift in preferences has led to the popularity of alternative work arrangements like travel nursing and locum tenens staffing. Recruitment agencies are instrumental in connecting candidates with opportunities that align with their lifestyle choices.
5. Diversity and Inclusion in Workforce Planning
Healthcare organizations are recognizing the importance of diversity and inclusion in delivering optimal patient care. Recruitment agencies contribute significantly to this initiative by presenting a broader array of qualified candidates from various backgrounds. A diverse workforce ensures that healthcare services cater to the diverse needs of patients.
Healthcare Recruitment Agencies Looking After Critical Needs
These agencies serve as the linchpin, bridging the gap between medical institutions and the specialized expertise required to deliver optimal care. Through their expansive networks and in-depth industry insights, they tackle staffing shortfalls in key areas like nursing and anesthesia, ensuring uninterrupted and high-quality patient care.
1. Mitigating Staffing Gaps in Specialized Areas
By leveraging extensive networks and industry knowledge, recruitment agencies assist hospitals in filling crucial gaps in specialized areas such as nursing and anesthesia. This ensures that patients receive the necessary care without delays.
2. Enabling Clinic Expansion and Service Enhancement
Recruitment agencies play a pivotal role in helping clinics grow their services. By providing access to a larger pool of qualified candidates, they empower clinics to expand their offerings and meet the increasing demands of their communities.
3. Fostering Diversity and Inclusion
Recruitment agencies facilitate the creation of diverse and inclusive workforces within healthcare organizations. Through their extensive candidate databases, they connect organizations with professionals from various backgrounds, enabling a more inclusive approach to patient care.
Aarohan Healthcare Services stands at the forefront of healthcare recruitment agencies, playing a pivotal role in shaping the future of healthcare staffing. Aarohan is instrumental in bridging the gap between healthcare organizations and skilled professionals, offering unique insights into the ever-evolving challenges and opportunities in the sector. Their commitment to diversity, integration of cutting-edge technology, and adeptness at addressing the widening skills gap are key factors that contribute to their effectiveness.
In a healthcare industry where demand for workers outpaces supply, Aarohan’s contributions are invaluable in ensuring patients receive the highest standard of care. By partnering with Aarohan, healthcare organizations can access a wider pool of qualified candidates, streamline their hiring processes, and cultivate a more inclusive workforce, ultimately enhancing the quality of patient care.