The Centers for Disease Control and Prevention (CDC) reported that longer life spans and aging baby boomers will increase the proportion of Americans

The Centers for Disease Control and Prevention (CDC) reported that longer life spans and aging baby boomers will increase the proportion of Americans 65 years or older so that in 2030, 20% of Americans will be in this age group. At the same time, 92 percent of older adults have at least one chronic disease, and 77 percent have at least two. This places a heavy toll on the healthcare system. How will the healthcare industry need to adapt in order to meet the growing and complex needs of the populations served?

As Forbes reports, employee retention is a top concern in many industries, healthcare included, because this eliminates costs of finding new employees and improves an organization’s reputation. Adding a nationally-renowned physician will bring in more patients and increase revenue, but it can be just as important to keep current staff members. This project idea explores the reasons professionals often leave positions as well as what would motivate them to stay. As an incoming health administrator, suggest methods of improving company culture and employee benefits.

Generate novel ideas by applying new findings on medical talent acquisition and retention. Develop a master plan to increase retention by 25%. Use your interview from the course to see how current administrators attract and keep talent while also infusing your new ideas (more pay is not always the answer). Include data

The final project must include the following recommendations:
? Identify Internal/external stakeholders
? Planning
? Coordination (who does what)
? Implementation (include monthly schedule of when target goal will be reached)
? Evaluation (ex: employee satisfaction survey)
? Resources (ex: what incentive will be given to hire top candidates)
? Risk Management (ex: professional liability insurance)
? Marketing (ex: dont just hand out flyers or depend solely on social media)
? Anything else that would need to be managed to be successful (ex: data on benefits employees value most)

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