Talent recruitment and retention is a growing challenge for healthcare organizations around the world because of lower overall birthrate, leading to fewer potential workers, and Baby Boomers reaching retirement.

According to US Census Bureau projections, the number of Americans who are 65 and older will double to 88.5 million between 2010 and 2050, which means a greater patient load for healthcare workers – as well as an exodus of older employees. The move toward value-based care also has critical implications for the industry as it pressures organizations to produce the best outcomes while simultaneously reducing costs.

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