The Health Management Academy

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Current Board News: Leading Health Systems

Accelerating Workforce Retention: New Strategies for Nurse Executives

Accelerating Workforce Retention: New Strategies for Nurse Executives In the Spring of 2023, Nursing Catalyst researchers examined top-performing med-surg units with low turnover to better define successful retention in 2023 and understand if traditional retention strategies, including Magnet principles, are still impactful. By re-examining nursing’s forces of magnetism, Nursing Catalyst is equipping nurse executives with […]

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Measuring Nurse Manager Workload: A Tool to Guide the Right Unit Investments 

Effective nurse managers have never been more critical to improving frontline retention. Yet, the growing scope of the role makes it difficult for many managers to connect, engage, and grow their teams. This session will outline the first wave of findings from an ongoing Nursing Catalyst series on measuring manager workload in a principled manner. […]

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Consumer-Centricity and How Health Systems Stack Up

Consumer-Centricity and How Health Systems Stack Up The pursuit of consumer-centricity as a means to improve patient loyalty and bolster margins is a strategic imperative for Chief Strategy Officers. In an unprecedented evaluation of the user experience, a parameter directly shaping a health system’s “consumer-centricity,” researchers from The Health Management Academy’s Strategy Catalyst team secret-shopped […]

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Re-Examining Nursing’s Forces of Magnetism

Re-Examining Nursing’s Forces of Magnetism   In the Spring of 2023, Nursing Catalyst researchers wanted to better define successful retention in 2023 and, perhaps more importantly, understand if traditional retention strategies, including Magnet principles, are still impactful today. To answer these questions, the research team conducted 22 in-depth interviews and collected data from top-performing med-surg […]

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An Inside Look at How Health Systems Can Scale Virtual Nursing

In the past five years, hospitals have turned over 101.4% of their RN workforce.  Virtual Nursing (VRN) pilots have become an effective means for staff engagement and retention, improved quality outcomes and overall reduction in nurse burnout. As health systems move beyond the pilot stage and push towards financial ROI on VRN, scaling these programs […]

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From Silos to Synergy: Integrating Community Health into Your Systemwide Strategy

Establishing a sustainable community partnership strategy is top-of-mind for today’s health equity executives. To support solution acceleration, The Health Management Academy’s Health Equity Alliance team serves as a centralized brain trust for identifying, scaling, and assessing the impact of systemwide initiatives. Dr. Deb Salas-Lopez (SVP, Community & Population Health at Northwell Health) and Deb Moran […]

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Strategy Catalyst: Margin Pools

As historical margin pools have shifted across the industry and within health systems, most systems have sought different opportunities for revenue diversification. The Strategy Catalyst team has taken a calculated look at the following and invite you to register for our webinar to learn: Which opportunities seem to be succeeding? How are top health systems thinking […]

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3 Insights from AONL 2023: Takeaways for Nurse Leaders

It’s becoming more common for certain key issues to rise to prominence, impacting every health care executive. Given the nationwide spike in nursing turnover and associated increase in labor costs, stabilizing the nursing workforce is a unifying priority across the C-suite. This strength of purpose was of the many reasons The Health Management Academy asked […]

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Nursing Catalyst: Workforce Retention Strategy

Nurse leaders would agree—we need to rethink how we approach retention because the same old strategies aren’t working. Forty percent of RNs report decreased satisfaction with their jobs, and it costs health systems approximately $52,000 to replace one RN. In a first-of-its-kind study, Nursing Catalyst re-examined the “forces of magnetism” leading to med/surg units experiencing […]

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Strategy Catalyst: Shifting Margin Pools

Projected operating margins for leading health systems are expected to decline from -0.8% to -1.6% in 2023. Historically safe margin pools for leading health systems have become less stable in the past few years. Similarly, the Covid pandemic shifted margin pools across the industry, opening profitable business lines while others contracted. As health systems look […]

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