Competitive Labor Market Lights a Fire Under Hospice Employers

Posted Saturday, March 19, 2022

Hospices are used to fighting for market share, but now they also are fighting just as hard for new hires.  To that end, hospices are streamlining onboarding procedures and enhancing their retention strategies.

“If we get the demand that seems to be there, if we get more nurses, we should be out of the woods,” Nick Westfall, CEO of VITAS Healthcare, a subsidiary of Chemed (NYSE: CHEM), said at the virtual Oppenheimer 32nd Annual Healthcare Conference.

“It’s workforce, workforce, workforce,” Westfall continued. “We’ll manage the market dynamics as they continue to subside from patients accessing the benefit. Those that have the clinical workforce will be able to actually respond to the care needs.”

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