MORE EMPLOYEE SHORTAGES COULD BE ON THE HORIZON
Over half, 58%, of health system executives expect workforce challenges in 2025. This includes talent shortages, retention issues and the need for upskilling to influence organizational strategies, according to Deloitte.
One way to mitigate staffing challenges is to support employees’ wellness needs, Deloitte notes. “Healthcare organizations should offer benefits and programs aimed at improving the overall health and mental well-being of their workforce,” the company explains. “These initiatives can include efforts to improve health literacy, provide access to preventive services, address burnout and support overall well-being.”
What could be surprising for providers is how many physicians are considering making a career change. In fact, 35% of physicians indicate they are likely to leave their current roles within the next five years, according to McKinsey & Company. Of those looking to leave, 60% say they are likely to leave the clinical practice entirely.
“Turnover is likely to continue increasing as physician respondents’ interest in leaving their current positions continues to rise,” McKinsey notes.
Staffing challenges could be significant for other areas too, if predictions hold true. For example:
- A shortage of more than 78,000 full-time registered nurses is expected this year, according to the American Nurses Association.
- A shortage of 12,500 anesthesiologists is predicted by 2033, according to the Association of American Medical Colleges. The shortage could hit rural areas the hardest.
A shortage of critical healthcare roles is expected to continue throughout the next decade. According to projections by the Health Resources & Services Administration Health Workforce, staffing shortages in 2037 could include:
- 6,480 respiratory therapists
- 8,450 anesthesiology physicians
- 8,650 cardiology physicians
- 9,140 physical therapists
- 17,030 pharmacists
- 43,220 family medicine physicians
- 87,150 primary care physicians
- 87,840 mental health counselors
- 113,930 addiction counselors
Non-acute healthcare providers need to start planning now to address future workforce shortages. Investing in staff recruitment, retention and workforce development strategies can help maintain quality care and ensure organizational stability.