The healthcare industry has always faced staffing shortages. Further exacerbated by the COVID-19 pandemic, the sector is projected to experience a global shortfall of over 18 million workers by 2030. This staff shortage in healthcare has led to increased workloads, burnout, mistakes, and ultimately, lower quality care. Let’s explore hte causes of the healthcare workforce shortage and its impact on the industry, and how healthcare organizations can free up their existing staff to focus on providing high-quality patient care through healthtech solutions.
The United States alone is expected to face a shortage of up to 124,000 physicians by 2034. This shortage is driven by several factors, including an aging population and increased healthcare utilization. Furthermore, record-high retirement rates among healthcare workers are straining healthcare organizations, and the current supply of healthcare professionals is unable to keep up with the rising demand.
The aging population, in particular, has substantially increased demand for healthcare services. As the elderly population grows, there is a higher need for specialized care for chronic conditions, geriatric care, and long-term care.
Additionally, there is a lack of a pipeline for new healthcare professionals as more and more medical students have started turning away from primary care. One major study found that medical students have pursued other more lucrative specialties due to inadequate compensation, student loan debt, and administrative burden.
With the ongoing healthcare shortage, it’s no wonder that healthcare organizations are increasing employee satisfaction and retention efforts. Many healthcare leaders struggle with inefficient recruitment and retention practices, inadequate training and development programs, and low employee morale. All of these result in high turnover rates. “In the last five years, the average hospital turned over 100.5% of its workforce,” Nursing Solutions, Inc. (NSI) reported.
In the face of the global healthcare staff shortage, organizations are turning to innovative solutions to continuously bridge the workforce gap. Healthtech is emerging as a promising strategy to optimize healthcare operations and address staffing shortages. Here are ways healthtech solutions can help organizations tackle this global healthcare staff shortage:
1. Telehealth and Remote Monitoring
2. Artificial Intelligence and Automation
3. Electronic Health Records (EHR) Systems
4. Remote Workforce Solutions
One way to maximize remote workforce solutions is to partner with a healthcare BPO (Business Process Outsourcing). Healthcare BPOs allow organizations to outsource non-core functions, such as customer service, revenue cycle management, and claims processing. It’s a great way to address the impact of the healthcare staff shortage while ensuring that operations and patient experiences are well-maintained.
The healthcare staff shortage is a critical issue requiring innovative strategies. However, leveraging the healthtech solutions mentioned above may be overwhelming for some organizations accustomed to existing processes. Thus, partnering with a healthcare BPO is an excellent way to access these tools and expertise in a cost-efficient manner.
|Outsourcing providers have the flexibility to quickly scale (up or down) their operations based on the shifting needs of healthcare organizations. Through working with outsourcers, healthcare organizations can efficiently manage their workforce and address staffing shortages without compromising the quality of patient care.|
|It’s important to partner with a BPO that has a proven track record specializing in healthcare. The teams should be equipped with expertise in medical coding and billing, telehealth services, patient scheduling, revenue cycle management, and more. These skills can help healthcare organizations streamline operations and ensure quality patient care.|
|Outsourcing healthcare processes to a BPO provider allows an organization to avoid the high costs of recruiting, hiring, and training in-house staff. It’s one key way to help organizations allocate their resources strategically and invest in other critical areas of their operations.|
Enhanced Technology and Security
|BPO providers typically offer advanced technology and data security measures to ensure the confidentiality of data collection processes. This is even more critical in the healthcare industry, which constantly deals with a mountain of sensitive data. BPO partners can also help healthcare providers comply with regulatory requirements and protect patient information.|
There may be no perfect pill to cure the healthcare staff shortage, but these solutions are more than enough to mitigate the impact. Partnering with a healthcare BPO is also a great way to enhance an organization’s healthcare customer experience.
As a trusted partner of several healthcare clients, TaskUs has delivered Ridiculously Good customer satisfaction results, provided seamless omnichannel healthcare support, and so much more. We understand the many challenges of providers, especially in this healthcare shortage. We’ve partnered with first-time healthcare outsourcers, experienced outsourcers, and even rapid-response organizations that needed swift support.
With a proven track record of providing outsourcing services to healthcare organizations, TaskUs is the perfect partner to outsource non-core functions such as administrative tasks, billing, and back-office operations.
Recognized by the Everest Group as the World's Fastest Business Process (Outsourcing) Service Provider in 2022 and with glowing reviews in Gartner Peer Insights Review, TaskUs continues to help clients succeed even during the most challenging times. Contact TaskUs today to learn how we can help your organization overcome staffing shortages with our future-proofing solutions.