Three Ways Hospitals Can Address The Nursing Shortage

Commentary by: Todd Perman, CCIM, Vice Chairman Global Healthcare Services

The nursing labor shortage remains an issue for the healthcare industry. Turnover within hospitals and health systems is at an all-time high, with many nurses leaving the profession altogether. Staffing issues and ongoing financial constraints, in the wake of the pandemic, are causing major operational challenges. According to a recent article from Healthcare Finance, health system leaders should seek flexible opportunities to re-engage and retain staff, such as:

  • For real estate and space planning purposes, a newly favored option is to include a rejuvenation room for staff to relax and recharge.

  • Operationally, potential solutions include alternative care models with licensed-assisted personnel, in addition to Registered Nurses, and adaptable 8-hour shifts, versus the traditional 12-hour shifts, with flexible hours.

  • To retain staff, one opportunity to consider is a partnership with an academic institution to onboard students and facilitate the transition to a full-time nurse.

Our team heard from hospital leaders directly at the 2022 BOMA MOB Conference in early May, solving the staffing shortage is a top priority. In the months ahead, expect creative solutions from executive leadership to alleviate the fallout from labor shortages.

Read the full Healthcare Finance article here.

Hospitals can change their models of care to meet the worsening nursing shortage.” (2022, May 12). Healthcare Finance.

All information contained in this publication is derived from sources that are deemed to be reliable. However, Newmark has not verified any such information, and the same constitutes the statements and representations only of the source thereof, and not of Newmark. Any recipient of this publication should independently verify such information and all other information that may be material to any decision that recipient may make in response to this publication, and should consult with professionals of the recipient's choice with regard to all aspects of that decision, including its legal, financial, and tax aspects and implications. Any recipient of this publication may not, without the prior written approval of Newmark, distribute, disseminate, publish, transmit, copy, broadcast, upload, download, or in any other way reproduce this publication or any of the information it contains. This document is intended for informational purposes only and none of the content is intended to advise or otherwise recommend a specific strategy. It is not to be relied upon in any way to predict market movement, investment in securities, transactions, investment strategies or any other matter.

Download Our

Sign Up for Our Newsletter