PeopleX @Healthcare Industry
a people experience platform curated for businesses and organizations, in the provision of medical goods and services, research and development of new treatments, therapies, and technologies.
explore how we engage, enable and empower talent, learning, and performance
challenges in modern healthcare industry
Healthcare industry is ever-evolving. Based on the current trends, and issues in the healthcare industry, some of the key factors influencing enterprise strategy that are considered as challenges by the industry leaders include:
The demographic shift towards an aging population is a significant challenge for the healthcare industry. With a higher proportion of elderly people in the population mix, there is an increased demand for healthcare services and a need for specialized care.
The healthcare industry is undergoing a digital transformation, with the adoption of technologies such as telemedicine, electronic health records, and wearable devices. However, the adoption of these technologies can be challenging for healthcare providers, as the upgrade requires significant investment and training.
Access to healthcare
In many countries, access to primary as well as advanced healthcare remains a challenge, especially in rural and remote areas. Improving access to healthcare services and ensuring universal coverage remains a significant challenge for the industry.
Healthcare costs continue to rise in many countries, driven by factors such as the increasing demand for healthcare services, the rising cost of medical technology, and the cost of skilled labor. Healthcare providers will need to find ways to control costs while maintaining the quality of care.
Healthcare regulations can be complex and vary significantly across different countries. Healthcare providers must ensure that they comply with all relevant regulations while providing high-quality care to patients.
These challenges in the healthcare industry can to be addressed by enhancing impact employee capability, commitment and contribution.
entomo’s customized employee performance and talent transformation solutions for the healthcare industry
enhancing 360° employee experience for healthcare enterprises of tomorrow
current people imperatives in the healthcare industry
entomo collaborates with leading organizations in the healthcare sector and we see an emergent need for technology that reflects the needs of people, resonates to the asks from leaders and is relevant to enterprise strategy.
Working with stewards of people experience in the industry, we hear the ask for systems of experience to result in:
Improved talent retention
The turn-over rates of health care staff has been increasing at an alarming rate in most countries. A study conducted by the National Healthcare Retention and Nursing Staffing Report found that the average turnover rate for bedside nurses in hospitals averages around 17%. By improving employee engagement and creating a supportive culture, healthcare organizations can reduce turnover rates and retain top talent.
Enhanced employee wellness
Wellness challenges in the health care sector continues to be an issue even post pandemic. A survey conducted by the American Nurses Association found that 74% of nurses reported being overweight or obese, and 67% reported not getting enough exercise. By prioritizing employee wellness and providing resources and support, healthcare organizations can improve employee health and reduce absenteeism.
Improved DEI initiatives
A report by the Institute for Diversity and Health Equity found that the representation of people of color and other segments in the healthcare workforce lags behind the general population. In the USA, only 16% of hospital board members and 11% of executive leadership positions held by people of color.
According to a survey by HIMSS Analytics, 89% of healthcare organizations have already implemented or plan to implement a digital health strategy.By providing digital training programs and adopting digital-friendly people management approaches, healthcare organizations can prepare their workforce for the digital future of healthcare.
Increased patient satisfaction
A study conducted by the University of Warwick found that healthcare employees who were happier at work were more likely to provide better patient care and have higher patient satisfaction scores. By improving people experience and employee engagement, healthcare organizations can ultimately improve patient outcomes and satisfaction.
Overall, improving people experience in the healthcare industry can lead to a variety of positive outcomes as the healthcare sector is going through a constant transformation.
conquering people challenges in the healthcare industry with entomo solutions
entomo - engaging, enabling, and empowering healthcare workforce
- drive continuous and real-time performance management for healthcare employees with goal alignment, behavioral-science based nudges, and actionable insights
- deconstructing projects into achievable and manageable tasks to be delegated as per individual skill architecture for greater success
- engage people with rewards and recognition, pulse surveys, and 360-degree feedback
- drive talent development with market-intelligence-based skill gap analysis, skill and learning recommendations, and more
- support personalized learning and development opportunities curated to each professional and aligned to their skill architecture
seamless people experience platform integration powered by entomo