{"id":1987,"date":"2018-09-24T15:01:22","date_gmt":"2018-09-24T15:01:22","guid":{"rendered":"https:\/\/buffkinbaker.wpengine.com\/?post_type=news&p=1987"},"modified":"2021-05-12T11:29:38","modified_gmt":"2021-05-12T11:29:38","slug":"healthcare-partner-brenda-doherty-buffkin-baker","status":"publish","type":"post","link":"https:\/\/buffkinbaker.com\/newscat\/healthcare-partner-brenda-doherty-buffkin-baker\/","title":{"rendered":"Brenda Doherty | Comments In Modern Healthcare"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\tA piece on Modern Healthcare discusses employee retention rates and how executives in the C-Suite are supporting programs that help with maintaining employees.\nPartner Brenda Doherty offers her own insights to the topic:\n

“M&A mania<\/strong><\/p>\n

Providers continue to consolidate, which often breeds uncertainty that can ultimately lead to burnout and turnover.\nEmployees don’t know if their job or boss will change, or if they will have a job at all.<\/p>\n

\u201cIt’s a scary time during an acquisition,\u201d said Brenda Doherty, partner at executive search firm Buffkin\/Baker.\n\u201cThat’s why leadership has to get out in front of it and set the tone and direction.\u201d<\/p>\n

Fewer competitors may be a disservice to both health systems and workers, she said.<\/p>\n

\u201cIf there are no other places to go in a certain market, it doesn’t attract the talent that systems really need\nand it keeps competitive wages and benefit structures out of the game,\u201d Doherty said.<\/p>\n

Although executive pay continues to rise, median earnings for all full-time healthcare workers fell on average\nby 2.4%, according to a recent report from the Center for Economic Policy and Research, a left-leaning think tank. “<\/p>\n

“Call the nurse<\/strong><\/p>\n

…Healthcare organizations have a wealth of competing priorities. From hitting financial targets to meeting\ncompliance standards, employee retention traditionally took a back seat. But that is changing, Buffkin\/Baker’s Doherty said.<\/p>\n

There is a direct correlation between turnover and readmission rates, as well as a number of other soft and hard costs, she said.\nAll of these financial implications have elevated employee engagement to the top of the priority list, Doherty said.<\/p>\n

\u201cAn engaged workforce is everything,\u201d she said.”<\/p>\nThe full article by Alex Kacik can be read here:  Tackling Turnover in Labor Shortage<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

A piece on Modern Healthcare discusses employee retention rates and how executives in the C-Suite are supporting programs that help with maintaining employees. Partner Brenda Doherty offers her own insights to the topic: “M&A mania Providers continue to consolidate, which often breeds uncertainty that can ultimately lead to burnout and turnover. Employees don’t know if […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[103],"tags":[109],"class_list":["post-1987","post","type-post","status-publish","format-standard","hentry","category-newscat","tag-news"],"acf":[],"yoast_head":"\nBrenda Doherty offers insights on M&A Mania - Buffkin Baker Website<\/title>\n<meta name=\"description\" content=\"A piece on Modern Healthcare discusses employee retention rates and how executives in the C-Suite are supporting programs that help with maintaining employees.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/buffkinbaker.com\/newscat\/healthcare-partner-brenda-doherty-buffkin-baker\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brenda Doherty offers insights on M&A Mania - 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