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* * * * Search Spotlight View MoreAcute Pain ManagementBetween the Lines: Efficacy and Effectiveness of High-Dose Influenza Vaccine in Older AdultsMalpracticePhysician BootcampPhysician Report Acute Pain ManagementBetween the Lines: Efficacy and Effectiveness of High-Dose Influenza Vaccine in Older AdultsMalpracticePhysician BootcampPhysician Report Clinical CardiovascularChronic ConditionsDiabetesEndocrinologyGastrointestinal DisordersInfluenzaMigraineObesityPatient CareRespiratory HealthRheumatologyType 2 DiabetesVaccines CardiovascularChronic ConditionsDiabetesEndocrinologyGastrointestinal DisordersInfluenzaMigraineObesityPatient CareRespiratory HealthRheumatologyType 2 DiabetesVaccines News All News Careers Legal Money Opinion Physician's Money Digest Physicians Financial News Practice Management Technology All NewsCareersLegalMoneyOpinionPhysician's Money DigestPhysicians Financial NewsPractice ManagementTechnology Media Around the Practice Between The Lines Clinical Consult Expert Interviews Medical Economics Pulse Medical World News Off The Charts Podcasts Physician Report PrimaryView Around the PracticeBetween The LinesClinical ConsultExpert InterviewsMedical Economics PulseMedical World NewsOff The Charts PodcastsPhysician ReportPrimaryView Conferences Conference Coverage Conference Listing Conference CoverageConference Listing Publications Medical Economics Sponsored Content Sponsored Resources Supplements And Featured Publications Medical EconomicsSponsored ContentSponsored ResourcesSupplements And Featured Publications Events Physician Bootcamp Virtual Events Physician BootcampVirtual Events CME/CEJob Board Subscribe eNewsletter Print Subscription eNewsletterPrint Subscription * Advertise * Contact Us * Editorial * Job Board * Terms and Conditions * Privacy Policy * Do Not Sell My Personal Information * © 2022 MJH Life Sciences and Medical Economics. 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Search Advertisement SpotlightSee All > * Acute Pain Management * Between the Lines: Efficacy and Effectiveness of High-Dose Influenza Vaccine in Older Adults * Malpractice * Physician Bootcamp * Physician Report Clinical * Cardiovascular * Chronic Conditions * Diabetes * Endocrinology * Gastrointestinal Disorders * Influenza * Migraine * Obesity * Patient Care * Respiratory Health * Rheumatology * Type 2 Diabetes * Vaccines Stock market news and analysis brought to you by Seeking Alpha CLAIRVEST GAAP EPS OF $2.66 November 15th 2022, 3:07:57 pm CVTGF CVG:CA UIPATH STOCK CLIMBS OVER 16% ON STRONG PRELIMINARY Q3 RESULTS, FURTHER JOB CUTS November 15th 2022, 3:06:45 pm PATH 1847 HOLDINGS LLC REPORTS Q3 RESULTS November 15th 2022, 3:06:24 pm EFSH PROLOGIS UNVEILS TWO MAJOR EV TRUCK CHARGING INSTALLATIONS November 15th 2022, 3:05:05 pm PLD BRI-CHEM GAAP EPS OF $0.03, REVENUE OF $28.99M November 15th 2022, 3:04:54 pm BRYFF BRY:CA REPORTS Q3 RESULTS November 15th 2022, 3:04:48 pm YOSH CATHEDRAL ENERGY SERVICES GAAP EPS OF $0.04, REVENUE OF $0.11M November 15th 2022, 3:03:17 pm CETEF CET:CA LUXURBAN HOTELS GAAP EPS OF -$0.13, REVENUE OF $11.6M November 15th 2022, 3:02:02 pm LUXH KIDOZ REPORTS Q3 RESULTS November 15th 2022, 3:01:28 pm KIDZ:CA KDOZF NU HOLDINGS STOCK JUMPS 13% AS Q3 REVENUE BEATS CONSENSUS, EARNINGS IMPROVE November 15th 2022, 3:00:37 pm NU 4D MOLECULAR, AZENTA TOP HEALTHCARE GAINERS; TWIST BIOSCIENCE, LUMOS AMONG LOSERS November 15th 2022, 3:00:31 pm AZTA LUMO AXDX DRIO CALA TWST FDMT INM TMCI NRSN M-TRON INDUSTRIES GAAP EPS OF $0.19, REVENUE OF $8.5M November 15th 2022, 2:59:44 pm MPTI PRECISION OPTICS GAAP EPS OF $0.00, REVENUE OF $5.09M November 15th 2022, 2:59:15 pm PEYED BILLIONAIRE CHARLIE MUNGER CALLS CRYPTO COMBINATION OF FRAUD AND DELUSION November 15th 2022, 2:58:58 pm BRK.B BRK.A BTC-USD PLANET FITNESS OUTLINES STRATEGIC GROWTH PLANS AT INVESTOR DAY EVENT November 15th 2022, 2:58:36 pm PLNT DUBAI-BASED EV MAKER NWTN STOCK TUMBLES FOR SECOND DAY FOLLOWING SPAC MERGER November 15th 2022, 2:58:04 pm NWTN TROIKA MEDIA REPORTS Q3 RESULTS November 15th 2022, 2:57:42 pm TRKA HOME-SHOPPING NAMES QVC, HSN LAUNCH ON ROKU CHANNEL; QURATE RETAIL JUMPS November 15th 2022, 2:56:25 pm QRTEA ROKU QRTEB QRTEP SAKER AVIATION SERVICES REPORTS Q3 RESULTS November 15th 2022, 2:56:11 pm SKAS LUVU BRANDS GAAP EPS OF $0.01, REVENUE OF $8.1M November 15th 2022, 2:55:32 pm LUVU ENTREPRENEUR UNIVERSE BRIGHT GROUP GAAP EPS OF $0.00, REVENUE OF $0.8M November 15th 2022, 2:54:01 pm EUBG CREATIVE MEDIA & COMMUNITY TRUST GAAP EPS OF -$0.50, REVENUE OF $24.85M November 15th 2022, 2:53:51 pm CMCT HIGH WIRE NETWORKS&NBSP; REPORTS Q3 RESULTS November 15th 2022, 2:53:43 pm HWNI SCIENTIFIC INDUSTRIES GAAP EPS OF -$0.18, REVENUE OF $2.7M November 15th 2022, 2:53:37 pm SCND GLACIER MEDIA GAAP EPS OF -C$0.01, REVENUE OF C$47.9M November 15th 2022, 2:53:26 pm GLMFF GVC:CA CAPITAL SOUTHWEST DIPS AFTER PRICING ~$38.2M STOCK OFFERING November 15th 2022, 2:53:21 pm CSWC THE INX DIGITAL REPORTS Q3 RESULTS November 15th 2022, 2:52:31 pm INXDF ONFOLIO GAAP EPS OF -$0.31, REVENUE OF $0.35M November 15th 2022, 2:51:47 pm ONFO ICOSAVAX GAAP EPS OF -$0.55 November 15th 2022, 2:51:46 pm ICVX THE METALS COMPANY GAAP EPS OF -$0.12 MISSES BY $0.03 November 15th 2022, 2:51:30 pm TMC Advertisement * Advertise * Contact Us * Editorial * Job Board * Terms and Conditions * Privacy Policy * Do Not Sell My Personal Information * * © 2022 MJH Life Sciences™ and Medical Economics. All rights reserved. BEST PRACTICES FOR RECRUITING TALENTED STAFF FOR YOUR PRACTICE November 9, 2022 Amanda Piwonka Medical practices must go beyond simply offering competitive salaries and benefits packages to attract new talent and keep their best clinicians and administrative staff working for them. The healthcare workforce has changed in the past few decades. It used to attract and retain top talent by offering benefits like health insurance, retirement plans, and the promise of a work-life balance. However, today, healthcare workers have more options than ever; they can work for travel nursing agencies, which offer benefits like free housing, or medical spas, which tend to have more consistent hours. In addition, they can work for independent practices, allowing more autonomy than other medical facilities. Considering all the career paths healthcare workers can choose, employers must go beyond simply offering competitive salaries and benefits packages to attract new talent and keep their best clinicians working for them. When recruiting and retaining top talent, employers should consider factors such as employee potential and development, internal processes and how they impact staff workloads, the benefits of working for your practice, and competitive compensation. When you hire great people, they will attract other great people. So as you look to retain your existing workforce and attract new talent, keep these strategies in mind: Evaluate people based on their potential, not their past. It's easier to find a good fit when hiring someone who can grow into the role and become an asset rather than a liability. Graduates of healthcare programs often have difficulty finding employment after graduation, but they are great candidates. Candidates who come straight from graduation are often eager to learn and amenable to the culture and standards you set for your practice. Train and develop employees so they can fulfill their potential at your organization. Provide training opportunities to team members as part of your commitment to personal and professional development. For example, offer education programs like skill-based workshops and informal learning experiences. For some team members, mentorship programs with senior-level colleagues who have valuable skills to provide entry-level team members, like communication, could be worthwhile. If you don't already offer this training program within your practice’s culture, where employees feel comfortable asking questions without worrying about making mistakes or looking bad in front of a patient, then maybe try starting one! Helping everyone to feel included will help retain top talent, even those who might otherwise struggle learning specific skills due to a lack of confidence, etc. Prevent heavy workloads with standard operating procedures Processes are the key to success. If you already have processes in place, start defining standard operating procedures for each essential task or process in your practice. If you still need to get processes in place, this is a great opportunity to start forming them! First, consider which tasks are essential to your practice's operations and what would happen if there was no standard operating procedure to follow. Next, divide workflow by the natural skill sets and identify those with skills. Finally, cross-train employees, so obligations are taken care of if someone is out of the office or needs help with their workload. Proper workflow delegation ensures that work gets done efficiently and effectively. Advertisement Competitive compensation Payroll is the single largest expense for most businesses, accounting for up to 70 percent of all overhead. Understanding how much to pay your employees will help you attract and retain top talent while maintaining profitability. * Starting salary: How do you determine what to pay new hires? Consider their experience level, education, and skills when deciding on a salary range. If there is no difference between salaries with similar titles across similar practices, the middle of that range should be your starting point. You can increase it with time, based on demonstrated ability and effort. If a team member is willing to take on additional responsibilities without being asked, note their initiative. * Raises and bonuses: There are multiple ways to offer bonuses, whether merit-based or seniority-based. Incentivizing team members with production-based bonuses could also benefit your practice. However, be mindful of production-based as the primary compensation method, as it can deter entry-level physicians, physician assistants, or nurse practitioners that still need an established patient base. Prioritize employee recognition Employee recognition is integral to any company culture. The best part about employee recognition programs is that they don’t require much money or effort from employers; simply taking a genuine interest in what employees do daily can go a long way and make your team feel appreciated at work. In addition, perks are a great way to show your practice staff that you care about them. They can be low or no cost, but they can also greatly impact employee morale and retention. Employer rewards, company outings, and other perks are all ways to show appreciation for the hard work of your staff. No matter what specialty you’re in, good talent is essential for practice growth. Building a team that consistently delivers the best results takes a lot of work, but if you take care of your employees as individuals and invest in their future, they will reward you with loyalty and hard work. As Senior Vice President of People for Tebra, a leading cloud-based healthcare technology platform, Amanda Piwonka empowers Tebra’s people and aligns personal achievement to company objectives to drive results, accountability, and growth. Related Content: StaffingPractice Management HLTH 2022: What is the potential of value-based care? Pay flexibility in smaller practices Quick to the middle Related Article >>> -------------------------------------------------------------------------------- Advertisement Stock market news and analysis brought to you by Seeking Alpha CLAIRVEST GAAP EPS OF $2.66 November 15th 2022, 3:07:57 pm CVTGF CVG:CA UIPATH STOCK CLIMBS OVER 16% ON STRONG PRELIMINARY Q3 RESULTS, FURTHER JOB CUTS November 15th 2022, 3:06:45 pm PATH 1847 HOLDINGS LLC REPORTS Q3 RESULTS November 15th 2022, 3:06:24 pm EFSH PROLOGIS UNVEILS TWO MAJOR EV TRUCK CHARGING INSTALLATIONS November 15th 2022, 3:05:05 pm PLD BRI-CHEM GAAP EPS OF $0.03, REVENUE OF $28.99M November 15th 2022, 3:04:54 pm BRYFF BRY:CA REPORTS Q3 RESULTS November 15th 2022, 3:04:48 pm YOSH CATHEDRAL ENERGY SERVICES GAAP EPS OF $0.04, REVENUE OF $0.11M November 15th 2022, 3:03:17 pm CETEF CET:CA LUXURBAN HOTELS GAAP EPS OF -$0.13, REVENUE OF $11.6M November 15th 2022, 3:02:02 pm LUXH KIDOZ REPORTS Q3 RESULTS November 15th 2022, 3:01:28 pm KIDZ:CA KDOZF NU HOLDINGS STOCK JUMPS 13% AS Q3 REVENUE BEATS CONSENSUS, EARNINGS IMPROVE November 15th 2022, 3:00:37 pm NU 4D MOLECULAR, AZENTA TOP HEALTHCARE GAINERS; TWIST BIOSCIENCE, LUMOS AMONG LOSERS November 15th 2022, 3:00:31 pm AZTA LUMO AXDX DRIO CALA TWST FDMT INM TMCI NRSN M-TRON INDUSTRIES GAAP EPS OF $0.19, REVENUE OF $8.5M November 15th 2022, 2:59:44 pm MPTI PRECISION OPTICS GAAP EPS OF $0.00, REVENUE OF $5.09M November 15th 2022, 2:59:15 pm PEYED BILLIONAIRE CHARLIE MUNGER CALLS CRYPTO COMBINATION OF FRAUD AND DELUSION November 15th 2022, 2:58:58 pm BRK.B BRK.A BTC-USD PLANET FITNESS OUTLINES STRATEGIC GROWTH PLANS AT INVESTOR DAY EVENT November 15th 2022, 2:58:36 pm PLNT DUBAI-BASED EV MAKER NWTN STOCK TUMBLES FOR SECOND DAY FOLLOWING SPAC MERGER November 15th 2022, 2:58:04 pm NWTN TROIKA MEDIA REPORTS Q3 RESULTS November 15th 2022, 2:57:42 pm TRKA HOME-SHOPPING NAMES QVC, HSN LAUNCH ON ROKU CHANNEL; QURATE RETAIL JUMPS November 15th 2022, 2:56:25 pm QRTEA ROKU QRTEB QRTEP SAKER AVIATION SERVICES REPORTS Q3 RESULTS November 15th 2022, 2:56:11 pm SKAS LUVU BRANDS GAAP EPS OF $0.01, REVENUE OF $8.1M November 15th 2022, 2:55:32 pm LUVU ENTREPRENEUR UNIVERSE BRIGHT GROUP GAAP EPS OF $0.00, REVENUE OF $0.8M November 15th 2022, 2:54:01 pm EUBG CREATIVE MEDIA & COMMUNITY TRUST GAAP EPS OF -$0.50, REVENUE OF $24.85M November 15th 2022, 2:53:51 pm CMCT HIGH WIRE NETWORKS&NBSP; REPORTS Q3 RESULTS November 15th 2022, 2:53:43 pm HWNI SCIENTIFIC INDUSTRIES GAAP EPS OF -$0.18, REVENUE OF $2.7M November 15th 2022, 2:53:37 pm SCND GLACIER MEDIA GAAP EPS OF -C$0.01, REVENUE OF C$47.9M November 15th 2022, 2:53:26 pm GLMFF GVC:CA CAPITAL SOUTHWEST DIPS AFTER PRICING ~$38.2M STOCK OFFERING November 15th 2022, 2:53:21 pm CSWC THE INX DIGITAL REPORTS Q3 RESULTS November 15th 2022, 2:52:31 pm INXDF ONFOLIO GAAP EPS OF -$0.31, REVENUE OF $0.35M November 15th 2022, 2:51:47 pm ONFO ICOSAVAX GAAP EPS OF -$0.55 November 15th 2022, 2:51:46 pm ICVX THE METALS COMPANY GAAP EPS OF -$0.12 MISSES BY $0.03 November 15th 2022, 2:51:30 pm TMC Advertisement Advertisement x