# Retention * **Definition:** The ability of a healthcare organization to keep its staff and maintain their job satisfaction, as well as the process of attracting and keeping healthcare professionals, particularly in challenging environments such as correctional systems. * **Taxonomy:** CTO Topics / Retention ## News * Selected news on the topic of **Retention**, for healthcare technology leaders * 16.3K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/12/2025 | [**Ethical Implementation of AI in Mental Healthcare: A Practical Guide**](https://hitconsultant.net/2025/05/12/ethical-implementation-of-ai-in-mental-healthcare-a-practical-guide/) | [[HIT Consultant]] | | 4/23/2025 | [**ECU Health taps Force Therapeutics for care automation**](https://www.beckershospitalreview.com/care-coordination/ecu-health-taps-force-therapeutics-for-care-automation/) | [[Beckers Hospital Review]] | | 4/22/2025 | [**The Growing Influence of Digital Health in Pharma - LinkedIn**](https://www.linkedin.com/pulse/growing-influence-digital-health-pharma-milan-sojitra-wgdwe) | [[Linkedin]] | | 9/16/2024 | [**CureMD Partners with Stitch to Enhance HR and Payroll Solutions for Healthcare Providers**](https://tech.einnews.com/pr_news/743010798/curemd-partners-with-stitch-to-enhance-hr-and-payroll-solutions-for-healthcare-providers) | tech.einnews.com | | 9/4/2024 | [**Perwyn-backed Isla Delice picks up Takul - PE Hub**](https://www.pehub.com/perwyn-backed-isla-delice-picks-up-takul/) | [[PE Hub]] | | 9/4/2024 | [**Inflexion hires Yuri Mikhalev, Michael Baster as partners - PE Hub**](https://www.pehub.com/inflexion-hires-yuri-mikhalev-michael-baster-as-partners/) | [[PE Hub]] | | 9/4/2024 | [**Energy efficiency firm CLEAResult scores majority investment from Kohlberg - PE Hub**](https://www.pehub.com/energy-efficiency-firm-clearesult-scores-majority-investment-from-kohlberg/) | [[PE Hub]] | | 9/3/2024 | [**One Equity-backed PGW Auto Glass acquires auto glass distributor PH Vitres d'Autos**](https://www.pehub.com/one-equity-backed-pgw-auto-glass-acquires-auto-glass-distributor-ph-vitres-dautos/) | [[PE Hub]] | | 9/3/2024 | [**TA Associates invests in education provider AlephYa - PE Hub**](https://www.pehub.com/ta-associates-invests-in-education-provider-alephya/) | [[PE Hub]] | | 9/3/2024 | [**OEP-backed PGW Auto Glass acquires PH Vitres d'Autos - PE Hub**](https://www.pehub.com/oep-backed-pgw-auto-glass-acquires-ph-vitres-dautos/) | [[PE Hub]] | | 9/3/2024 | [**Invidia founder Jo Natauri bullish on healthcare; Kian scouts next location for PARC Auto add-on**](https://www.pehub.com/invidia-founder-jo-natauri-bullish-on-healthcare-kian-scouts-next-location-for-parc-auto-add-on/) | [[PE Hub]] | | 8/14/2024 | [**Fort Point Capital buys managed tech services firm NewBold - PE Hub**](https://www.pehub.com/fort-point-capital-buys-managed-tech-services-firm-newbold/) | [[PE Hub]] | | 8/14/2024 | [**Healthcare advisor Chartis scores investment from Blackstone - PE Hub**](https://www.pehub.com/healthcare-advisor-chartis-scores-investment-from-blackstone/) | [[PE Hub]] | | 8/14/2024 | [**CPP Investments promotes Gubbels to senior managing director and private equity global head**](https://www.pehub.com/cpp-investments-promotes-gubbels-to-senior-managing-director-and-private-equity-global-head/) | [[PE Hub]] | | 8/14/2024 | [**Insight, Sixth Street Growth join to bet on Kiteworks; Data centers cool down - PE Hub**](https://www.pehub.com/insight-sixth-street-growth-join-to-bet-on-kiteworks-data-centers-cool-down/) | [[PE Hub]] | | 8/13/2024 | [**Healthcare Archives - Page 424 of 424 - PE Hub**](https://www.pehub.com/sectors/healthcare/page/424/) | [[PE Hub]] | | 8/13/2024 | [**Francisco Partners sells health tech firm QGenda to Hearst - PE Hub**](https://www.pehub.com/francisco-partners-sells-health-tech-firm-qgenda-to-hearst/) | [[PE Hub]] | | 8/13/2024 | [**Water Street invests in healthcare logistics firm MedSpeed - PE Hub**](https://www.pehub.com/water-street-invests-in-healthcare-logistics-firm-medspeed/) | [[PE Hub]] | | 8/13/2024 | [**Renovus Capital-backed ToxStrategies snaps up medical consulting firm Suttons Creek**](https://www.pehub.com/renovus-capital-backed-toxstrategies-snaps-up-medical-consulting-firm-suttons-creek/) | [[PE Hub]] | | 8/12/2024 | [**GenNx360-backed Whitsons Culinary Group acquires food service management company Arbor**](https://www.pehub.com/gennx360-backed-whitsons-culinary-group-acquires-food-service-management-company-arbor/) | [[PE Hub]] | | 8/12/2024 | [**Lightyear invests in CuraLinc Healthcare - PE Hub**](https://www.pehub.com/lightyear-invests-in-curalinc-healthcare/) | [[PE Hub]] | | 8/12/2024 | [**Silversmith-backed Proven Optics acquires software firm CloudGenera - PE Hub**](https://www.pehub.com/silversmith-backed-proven-optics-acquires-software-firm-cloudgenera/) | [[PE Hub]] | | 8/12/2024 | [**Lightview exits life sciences event content engagement provider Array - PE Hub**](https://www.pehub.com/lightview-exits-life-sciences-event-content-engagement-provider-array/) | [[PE Hub]] | | 8/12/2024 | [**Russell Investments taps Parra as global head of alternatives - PE Hub**](https://www.pehub.com/russell-investments-taps-parra-as-global-head-of-alternatives/) | [[PE Hub]] | | 10/28/2022 | [**Semen retention is the biggest health scam on TikTok according to a men's health expert**](https://www.businessinsider.com/guides/health/reproductive-health/semen-retention) | [[Business Insider]] | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **ArmorText**: Recognized for secure communications solutions, noted for its strengths in retention, performance, and resilience. - **152 Media LLC**: Processes user data for similar purposes but has a shorter retention period of 90 to 120 days. - **Quest Diagnostics**: Focuses on content management in healthcare, emphasizing the importance of retention policies. - **Tappx**: Processes user data for storing information, personalized advertising, and measuring advertising performance with a retention period of 365 days. - **Ocient**: Launched the Data Retention and Disclosure System to help telecommunications and communications service providers manage growing network metadata stores efficiently. - **Help at Home**: Recognized for its commitment to employee support and work-life balance, contributing to high employee retention rates. - **MetroHealth**: A healthcare organization that improved its patient refill retention rate from 35% to 80% through operational changes. - **Mercy Health-Springfield**: A healthcare provider emphasizing employee retention and quality improvements through various initiatives. - **CENTEGIX**: A company focused on workplace safety in healthcare, advocating for safety investments to improve retention. - **Sentara Health**: Launched a residency program aimed at enhancing nurse retention through specialized training. - **2KDirect, Inc.**: Processes data under legitimate interest, emphasizing storage and access of information. - **BerryDunn**: A consulting firm expanding its services to include retention analyses for local governments to address staffing challenges. - **CareEffects**: Recognized for innovative approaches to nurse retention and burnout prevention. - **Aarki**: A company providing insights and strategies for app retention and user engagement in the mobile app economy. ### Partnerships and Collaborations - **Bergen New Bridge Medical Center**: Implemented competitive compensation, employee wellness programs, and flexible scheduling to enhance workforce retention. - **MetroHealth**: Collaborated with local pharmacies and implemented a mobile app for refill alerts to enhance patient care and retention. - **American Nurses Association (ANA)**: Recognized CareEffects for its commitment to improving nurse retention and addressing burnout. - **Debt-Free Education Programs**: Healthcare organizations are partnering with educational institutions to offer debt-free education to employees, enhancing retention. - **Falfurrias Capital Partners and Jumo Health**: Investment aimed at addressing challenges in clinical trials, including low enrollment and high dropout rates. - **Gould Medical Group**: Partnered with Empathetics to implement empathy training, resulting in a significant increase in employee retention rates. - **Walgreens and Guild**: Collaboration to support pharmacy technicians in pursuing PharmD degrees, addressing workforce retention in healthcare. - **Ushur**: Launched UshurX, an AI-powered solution to improve clinical trial efficiency and participant retention. - **Gordon Food Service**: Partnered with local refugee resettlement agencies to support hiring new Americans, enhancing workforce diversity and retention. - **ECU Health and Force Therapeutics**: A partnership aimed at enhancing care delivery through a patient engagement platform and remote monitoring tools. - **Fortrea**: Launching an AI Innovation Studio to enhance clinical trials and patient safety. - **Inserra Supermarkets**: Opened CareRite Now centers to improve access to care in the community. - **Guusto and UKG**: A partnership aimed at enhancing employee recognition experiences by syncing employee information and optimizing recognition budgets. - **Jumo Health and Community Organizations**: Establishing a network of over 2,000 organizations to promote diversity and inclusion in clinical trial participation. - **Sheba Medical Center and Paradigm Health**: This partnership aims to create a global network to enhance clinical research and make clinical trials more accessible and patient-centered. ### Innovations, Trends, and Initiatives - **Retention-Focused Strategies**: Aarki's report emphasizes the importance of user retention in the mobile app economy, highlighting that a 5% increase in retention can lead to a 95% profit increase. - **Patient Retention Strategies**: Health systems are focusing on improving patient retention due to significant financial losses from patient leakage, which is estimated to cost health systems over $3 billion. - **Data Retention Practices**: Different vendors have varying data retention periods, with Tappx retaining data for 365 days, while 152 Media LLC retains data for 90 to 120 days. - **Retention Strategies for Gen Z**: Hybrid work models and student loan debt repayment programs have been effective in enhancing job satisfaction and retention. - **Data Retention and Disclosure System**: Developed by Ocient to enhance data ingestion, retention, and analysis capabilities for telecommunications providers, improving compliance and reducing costs. - **Nurse Retention Initiatives**: CareEffects' innovative approaches to creating supportive work environments for nurses. - **Data Insight Solutions**: Sinohealth's data insight segment, while currently a bridge to SaaS, shows a 95% retention rate among core clients, highlighting the importance of maintaining client relationships. - **Patient Recruitment and Retention Services Market**: Projected to reach $5.45 billion by 2030, driven by the need for improved clinical trial processes. - **Residency Programs**: Hospitals are investing in comprehensive residency programs as a vital retention strategy for new nurses. - **Short Form Staff Assessment**: A new feature by symplr designed to reduce application completion time and predict employee retention. - **Workplace Safety Initiatives**: Organizations prioritizing workplace safety are seeing improved retention and employee engagement. - **ArmorText's Secure Communications**: ArmorText's platform is designed to fill gaps in secure communications, enhancing retention through effective incident response and threat intelligence sharing. - **Patient Engagement Technologies**: Adoption of EMR systems, telemedicine, and patient portals to improve operational efficiency and patient retention. - **Upskilling Programs**: Healthcare organizations are focusing on upskilling existing employees to fill critical roles, enhancing retention. - **Decentralized Clinical Trials**: Increasing adoption expected to enhance patient recruitment and retention through innovative outreach methods. - **Consent Management**: 1plusX AG employs both consent and legitimate interest for data processing, indicating a trend towards more user-centric data handling practices. - **Financial Wellness Programs**: Employers offering diverse financial wellness benefits are more likely to retain Gen Z and Millennial employees. - **Virtual Care Technologies**: Rapid growth in virtual care solutions addressing chronic diseases and clinician shortages, enhancing patient engagement and outcomes. - **SaaS Growth Potential**: Sinohealth forecasts a 50% increase in SaaS revenue, indicating a shift towards subscription-based models for better retention. - **Physical Therapy Integration**: Implementing effective physical therapy strategies, such as in-home services, can help mitigate reasons patients leave their healthcare networks. ### Challenges and Concerns - **Retention vs. Recruitment**: Organizations are encouraged to prioritize retention strategies over recruitment to reduce turnover costs. - **Data Retention Policies**: Vary significantly among vendors, with some retaining data for longer periods (e.g., Tappx at 365 days) while others have much shorter retention periods (e.g., 152 Media LLC at 90-120 days), raising concerns about data privacy and compliance. - **Data Retention Compliance**: Healthcare organizations must enforce retention policies to maintain compliance with federal and state requirements. - **Data Retention Practices**: Concerns regarding how patient data is processed and retained by various vendors, impacting privacy and compliance. - **Data Privacy**: Concerns regarding how user data is handled and the implications of varying retention periods on user privacy. - **Workplace Flexibility**: Rigid return-to-work policies can lead to retention challenges, highlighting the need for flexible work arrangements. - **Retention Challenges for Gen Z**: Complexities of working with very sick children and high turnover in entry-level roles, particularly in behavioral health care. - **Patient Leakage**: Nearly 60% of patients experience leakage, driven by personal preference, convenience, and limited service availability, leading to significant financial losses for health systems. - **Post-COVID Adaptation**: Health systems must quickly adapt to enhance patient retention strategies in the evolving healthcare landscape. - **Legitimate Interest Processing**: Allows users to object to data processing practices, which can complicate data retention strategies for companies relying on this basis. - **Sinohealth's Vulnerability**: Despite a high retention rate, Sinohealth faces risks due to low switching costs in its data insights segment, which operates on a consultancy model. - **Rehab Referral Leakage**: Health systems face rehab referral leakage rates of 50% to 60%, resulting in over $3.1 billion in revenue loss in 2022. - **Patient Prescription Adherence**: Low prescription refill rates lead to higher readmission rates, indicating a need for better patient engagement strategies. - **Staff Turnover Costs**: The high cost of employee turnover in healthcare emphasizes the need for effective retention strategies. - **Staff Retention Issues**: 84% of supply chain professionals report facing staff retention challenges, emphasizing the need for improved workplace conditions. - **Data Privacy Concerns**: Ongoing issues regarding the security of patient data in cloud-based systems, impacting trust and adoption. - **High Turnover Rates**: The average hospital turnover rate is 21%, with significant costs associated with RN turnover, highlighting the need for effective retention strategies. - **High Dropout Rates**: Significant challenges in medication development due to high dropout rates in clinical trials. - **Workplace Violence**: A significant percentage of nurses are leaving due to workplace violence, indicating a critical area for improvement in retention efforts. - **Market Competition**: The competitive landscape in healthcare technology necessitates continuous innovation and customer engagement strategies to maintain retention.