# Labor Shortages * **Definition:** Labor shortages in healthcare refer to the insufficient number of qualified healthcare professionals available to meet the demand for medical services, often resulting from factors such as an aging population, increased prevalence of chronic diseases, and insufficient training or educational programs for new healthcare workers. * **Taxonomy:** Healthcare Topics / Labor Shortages ## News * Selected news on the topic of **Labor Shortages**, for healthcare technology leaders * 4.2K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/28/2025 | [**Navigating Healthcare Transformation: Leadership Strategies for a Resilient, Tech-Enabled Future**](https://www.beckershospitalreview.com/podcasts/uncategorized/navigating-healthcare-transformation-leadership-strategies-for-a-resilient-tech-enabled-future/) | [[Beckers Hospital Review]] | | 5/28/2025 | [**Navigating Healthcare Transformation: Leadership Strategies for a Resilient, Tech-Enabled Future**](https://www.beckershospitalreview.com/podcasts/podcasts-beckers-hospital-review/navigating-healthcare-transformation-leadership-strategies-for-a-resilient-tech-enabled-future/) | [[Beckers Hospital Review]] | | 5/27/2025 | [**German Bionic Unveils First True Augmented AI Exoskeleton, Exia**](https://hitconsultant.net/2025/05/27/german-bionic-unveils-first-true-augmented-ai-exoskeleton-exia/) | [[HIT Consultant]] | | 5/19/2025 | [**Ascertain Raises $10 Million in Series A Funding to Scale Agentic AI Platform**](https://www.healthcareittoday.com/2025/05/19/ascertain-raises-10-million-in-series-a-funding-to-scale-agentic-ai-platform/) | [[Healthcare IT Today]] | | 5/8/2025 | [**Q1 Earnings Highs And Lows: AdaptHealth (NASDAQ:AHCO) Vs The Rest Of The Senior ...**](https://finance.yahoo.com/news/q1-earnings-highs-lows-adapthealth-033152430.html) | [[Yahoo Finance]] | | 5/8/2025 | [**Post Holdings Reports Results for the Second Quarter of Fiscal Year 2025 - PR Newswire**](https://www.prnewswire.com/news-releases/post-holdings-reports-results-for-the-second-quarter-of-fiscal-year-2025-raises-fiscal-year-2025-outlook-302450567.html) | [[PR Newswire]] | | 5/7/2025 | [**This CFO encourages leaders to 'think outside the box' to combat labor shortages**](https://www.beckershospitalreview.com/finance/this-cfo-encourages-leaders-to-think-outside-the-box-to-combat-labor-shortages/) | [[Beckers Hospital Review]] | | 4/19/2025 | [**Stop sorting your garbage with this new technology - AOL.com**](https://www.aol.com/stop-sorting-garbage-technology-100033336.html) | [[AOL]] | | 4/16/2025 | [**Black Book Expands 2025 RCM KPI Framework to Capture AI, Outsourcing and Financial ...**](https://www.newswire.com/news/black-book-expands-2025-rcm-kpi-framework-to-capture-ai-outsourcing-22514396) | [[Newswire]] | | 4/14/2025 | [**Rapid Expansion of Healthcare Outsourcing Market to Reach $662 Billion by 2028, Driven ...**](https://www.newswire.com/news/rapid-expansion-of-healthcare-outsourcing-market-to-reach-662-billion-22551235) | [[Newswire]] | | 4/14/2025 | [**Rapid Expansion of Healthcare Outsourcing Market to Reach $662 Billion by 2028, Driven ...**](https://finance.yahoo.com/news/rapid-expansion-healthcare-outsourcing-market-120000654.html) | [[Yahoo Finance]] | | 3/21/2025 | [**Healthcare Providers & Services Stocks Q4 Teardown: Cardinal Health (NYSE:CAH) Vs The Rest**](https://finance.yahoo.com/news/healthcare-providers-services-stocks-q4-090136952.html) | [[Yahoo Finance]] | | 3/13/2025 | [**The future of health system operations: C-suite insights on margin pressures, capacity & AI**](https://www.beckershospitalreview.com/strategy/the-future-of-health-system-operations-c-suite-insights-on-margin-pressures-capacity-ai.html) | [[Beckers Hospital Review]] | | 3/12/2025 | [**Senior Health, Home Health & Hospice Stocks Q4 Teardown: AdaptHealth (NASDAQ:AHCO ...**](https://finance.yahoo.com/news/senior-health-home-health-hospice-090235774.html) | [[Yahoo Finance]] | | 2/10/2025 | [**Health systems chase ROI, target efficiency in AI for 2025 - Healthcare IT News**](https://www.healthcareitnews.com/news/health-systems-chase-roi-target-efficiency-ai-2025) | [[Healthcare IT News]] | | 1/31/2025 | [**5 Interesting Startup Deals You May Have Missed In January: AI Fashion, Ammonia Power ...**](https://news.crunchbase.com/venture/interesting-deals-january-ai-robots-energy-fashion/) | [[Crunchbase News]] | | 1/29/2025 | [**Navigating Healthcare Complexities: Leveraging Enterprise Software for Payer and Provider Success**](https://www.beckershospitalreview.com/legal-regulatory-issues/navigating-healthcare-complexities-leveraging-enterprise-software-for-payer-and-provider-success.html) | [[Beckers Hospital Review]] | | 1/29/2025 | [**Vocational Training Strategic Business Analysis Report 2025-2030: Market to Grow by Over ...**](https://finance.yahoo.com/news/vocational-training-strategic-business-analysis-120400195.html) | [[Yahoo Finance]] | | 1/17/2025 | [**Transforming Healthcare Experiences with AI**](https://thehealthcaretechnologyreport.com/transforming-healthcare-experiences-with-ai/) | [[Healthcare Technology Report]] | | 1/11/2025 | [**Weekly Roundup - January 11, 2025 - Healthcare IT Today**](https://www.healthcareittoday.com/2025/01/11/weekly-roundup-january-11-2025/) | [[Healthcare IT Today]] | | 12/31/2024 | [**Targeting Workforce Issues with AI in 2025**](https://www.healthitanswers.net/targeting-workforce-issues-with-ai-in-2025/) | [[Health IT Answers]] | | 12/15/2024 | [**Health Catalyst leaders share 2025 predictions - Modern Healthcare**](https://www.modernhealthcare.com/providers/2025-healthcare-predictions-navigating-ai-cybersecurity-and-care-innovation) | [[Modern Healthcare]] | | 11/21/2024 | [**Providers will need to boost cyber defenses amid AI adoption: Moody's - Healthcare Dive**](https://www.healthcaredive.com/news/providers-boost-cybersecurity-artificial-intelligence-adoption-moodys/733536/) | [[Healthcare Dive]] | | 10/16/2024 | [**Digital Blueprint for Healthcare: A Roadmap for Transformation**](https://hitconsultant.net/2024/10/17/digital-blueprint-for-healthcare-a-roadmap-for-transformation/) | [[HIT Consultant]] | | 6/28/2024 | [**Unleashing the Dynamic Force of AI and Automation to Revolutionize Revenue Cycle Management**](https://hitconsultant.net/2024/06/28/ai-and-automation-to-revolutionize-revenue-cycle-management/) | [[HIT Consultant]] | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **Option Care Health**: A leading provider of home and alternate site infusion services, reported strong revenue growth amid labor shortages. - **AdaptHealth**: A company in the senior health, home health, and hospice industry, facing challenges from rising labor costs and reimbursement rates. - **Plenful**: A startup that launched an AI workflow automation platform to address labor challenges in pharmacy operations. - **AMN Healthcare Services**: A healthcare staffing company experiencing mixed performance amid consistent demand for healthcare services. - **Stepful**: A company offering AI-powered training programs for healthcare roles, addressing the anticipated shortage of healthcare workers. - **HARMAN**: A technology company that launched HARMAN ConnectIQ, an AI-powered solution aimed at enhancing workforce productivity in retail and addressing labor shortages. - **Loyola Medicine**: A healthcare institution focusing on strategic partnerships to address workforce shortages and enhance care coordination. - **Ingenovis Health**: A healthcare staffing company that has partnered with Findd to provide data-driven staffing solutions to address labor shortages. - **Prisma Health**: South Carolina's largest private nonprofit health system, facing significant challenges due to staffing shortages and operational complexities. - **QGenda**: A provider of workforce management solutions, focusing on scheduling and analytics to enhance healthcare efficiency. - **Bergen New Bridge Medical Center**: A healthcare facility focusing on workforce retention and improving access to care amid rising operational costs. - **LeanTaaS, Inc.**: A company recognized for its AI-powered capacity management solutions, serving nearly 200 health systems. - **Philips**: A healthcare technology company that published the Future Health Index 2024 report, highlighting staffing shortages and the impact on healthcare delivery. - **Savista**: A healthcare revenue cycle management company with over 30 years of experience, focusing on adapting to labor shortages and technology integration. - **Texas Health Resources**: A healthcare organization utilizing AI to streamline clinical documentation, saving physicians significant time. - **Findd**: A technology company collaborating with Ingenovis Health to optimize workforce planning and improve patient care outcomes. - **Mayo Clinic**: An institution implementing technology to improve nurse retention and operational efficiency. - **Lunit**: A company that integrated its AI-powered solution into a national cancer screening program, improving early breast cancer detection and alleviating radiologist workloads. - **Thoughtful AI**: A company that has developed specialized AI agents to automate healthcare revenue cycle management processes, enhancing operational efficiency and accuracy. - **Radin Health**: A company specializing in AI-powered, cloud-based radiology workflow solutions, focusing on improving efficiency and productivity in imaging practices. ### Partnerships and Collaborations - **Loyola Medicine and West Cook Coalition**: Collaboration with community organizations to address health disparities and workforce shortages. - **OCHIN and OSIS**: This partnership aims to improve access to electronic health record platforms for community health centers, addressing workforce shortages and operational costs. - **Bergen New Bridge Medical Center and Inserra Supermarkets**: Opened a CareRite Now center to provide essential health services directly within the community. - **NVIDIA and Healthcare Providers**: NVIDIA collaborates with healthcare organizations to implement AI technologies that address labor shortages and improve patient care. - **Ingenovis Health and Findd**: Formed a strategic partnership to provide data-driven staffing solutions aimed at optimizing workforce planning and improving patient care outcomes. - **LeanTaaS Virtual Summit**: Scheduled for December 10-11, 2024, focusing on advancing healthcare operations through AI and predictive analytics. - **Stepful and healthcare providers**: Stepful is expanding partnerships with healthcare providers to enhance training programs for allied health professionals. - **GE HealthCare and Amazon Web Services**: This partnership aims to develop AI tools for analyzing medical data, reflecting a trend towards AI utilization in healthcare. - **Keck School of Medicine and Ryght Research Network**: Collaboration to enhance clinical trial efficiency through AI technology. - **Microsoft and Mass General Brigham**: Partnership to enhance the use of generative AI in medical imaging. - **1m and Banner Health**: 1m raised $10 million in Series A financing led by Banner Health to enhance its risk management platform for healthcare organizations. - **Resmed and Digital Health Initiatives**: Resmed partners with various healthcare entities to enhance healthcare outcomes through digital health technology. ### Innovations, Trends, and Initiatives - **Telehealth Services**: Technological advancements enabling efficient sharing of health records and addressing labor shortages through telehealth. - **Technology Integration**: Healthcare organizations are increasingly adopting technology solutions, including AI and automation, to address labor shortages and improve operational efficiency. - **Outsourcing and Managed Services**: Due to labor shortages, healthcare providers are shifting towards outsourcing and investing in managed revenue cycle management services. - **Healthcare Outsourcing**: Projected to grow significantly due to labor shortages and the shift to virtual services, with key segments like revenue cycle management and IT services. - **AI-Powered Training Programs**: Stepful's innovative training programs aim to increase the number of qualified healthcare workers, addressing the projected shortage. - **AI in Healthcare**: AI technologies are being rapidly adopted to address labor shortages, streamline workflows, and enhance patient care. - **AI in Workforce Management**: The integration of AI-driven workforce solutions is being prioritized to enhance operational efficiencies and improve clinician retention. - **Generative AI Potential**: Generative AI is suggested to alleviate administrative burdens, with clinicians spending nearly 28 hours per week on administrative tasks. - **RPA in Healthcare**: The market for Robotic Process Automation (RPA) is growing, driven by the need for efficient operations and reduced administrative workloads. - **Workforce Management Solutions**: QGenda's ProviderCloud platform is utilized by over 4,500 healthcare organizations to improve workforce efficiency and patient care access. - **AI in Revenue Cycle Management**: Approximately 46% of hospitals are utilizing AI in RCM to enhance operational efficiency and address staffing shortages. - **Automation and AI in Radiology**: Radin Health emphasizes the importance of adopting automation and AI to address challenges in the radiology sector. - **Remote Patient Monitoring**: Seen as a promising solution for enhancing patient experiences and alleviating the burden on healthcare staff. - **Financial ERP Software**: Adoption of financial ERP software by rural healthcare providers to streamline operations and improve financial management. - **Generative AI**: Healthcare leaders are showing growing interest in generative AI to improve operational efficiency and patient care. - **Generative AI in Revenue Cycle Management**: Black Book Research's updated KPI framework incorporates generative AI to help healthcare organizations adapt to economic uncertainties. - **Telehealth Solutions**: VSee Health's development of customizable telehealth systems to improve access and reduce physician burnout. ### Challenges and Concerns - **Labor Shortages**: Healthcare systems are facing significant labor shortages, particularly in nursing and primary care, exacerbated by an aging population and insufficient educational output. - **Employee Burnout**: Labor shortages contribute to increased workloads for existing staff, leading to burnout and further exacerbating the workforce crisis. - **Workforce Shortages**: Ongoing staffing shortages leading to increased burnout and operational inefficiencies in healthcare settings. - **Staff Shortages**: Healthcare systems are facing significant labor shortages, with projections indicating a shortfall of up to 86,000 physicians by 2036, leading to increased burnout and stress among existing staff. - **Staffing Shortages**: The healthcare industry is facing a significant shortage of skilled professionals, with predictions of a potential deficit of up to 124,000 physicians by 2034. - **Operational Inefficiencies**: Labor shortages in revenue cycle management are identified as a major stressor, leading to operational issues and prompting healthcare executives to consider outsourcing. - **Financial Pressures**: Hospitals are experiencing financial strain due to workforce shortages and rising operational costs, with many operating at a loss. - **Administrative Burden**: Clinicians face excessive administrative workloads, contributing to burnout and staffing shortages, with many spending significant time on non-clinical tasks. - **Burnout and Job Losses**: High levels of burnout among nurses and healthcare workers have led to significant job losses, with healthcare employment decreasing by 524,000 since the pandemic. - **Administrative Burdens**: Challenges in revenue cycle management due to staffing shortages and increased claims denial rates. - **Skepticism Towards Automation**: Despite recognizing automation as a potential solution, many healthcare staff express concerns about job security and the effectiveness of these technologies. - **Adoption Barriers**: Healthcare organizations encounter barriers to adopting AI and automation, including financial limitations and a lack of trained personnel. - **Patient Debt and Access to Care**: High levels of medical debt among patients are leading to delayed care and increased mortality rates, particularly in underserved communities. - **Regulatory Uncertainties**: Healthcare organizations are navigating complex reimbursement structures and regulatory changes that impact financial viability. - **Reimbursement Challenges**: Existing payment structures complicate the transition to value-based care, hindering specialists from achieving desired outcomes. ## Related Topics [[Workforce Shortages]]; [[Staff Shortages]]; [[Skill Shortages]]; [[Staffing Shortages]]; [[Skilled Workforce Shortage]]; [[Provider Shortages]]