Hospices seek creative hiring, retention solutions as labor costs rise
10/15/24 at 03:00 AM
Hospices seek creative hiring, retention solutions as labor costs rise
Hospice News; by Holly Vossel; 10/11/24
Fierce competition for clinical resources amid widespread workforce shortages has hospices taking nimble approaches to their recruitment strategies, including pivoting financial investments and building stronger educational partnerships. Competition in the health care market has been driving up salaries, particularly among nurses, according to Jennifer Lemere, vice president of clinical operations at St. Croix Hospice, a portfolio company of the private equity firm H.I.G. Capital. But rising compensation trends are also occurring across the interdisciplinary spectrum, Lemere added. ...