HealthStream Survey Discovers Underutilized Opportunity to Recruit Nurses: Student Nurse Rotations
28 Mars 2024 - 2:25PM
Business Wire
As presented by HealthStream this week to the
American Association of Colleges of Nursing, 75% of student nurses
say they were not informed of job opportunities where they
completed a clinical rotation
HealthStream (Nasdaq: HSTM), a leading healthcare technology
platform for workforce solutions, today published a new survey of
over 5,100 nursing & clinical students who have completed a
clinical rotation in 2023 that queried them about their experiences
working in a healthcare organization as a student, their future
professional careers, and what they valued the most from their
clinical rotations. The “voice of the nursing student” with regard
to clinical rotations and recruiting is of much interest to nursing
schools and healthcare providers alike. The results of this survey
were, therefore, initially presented to the Deans of the nation’s
nursing schools at their annual meeting earlier this week.
Some of the key discoveries of HealthStream’s survey include the
following—among nursing students who completed a clinical rotation
in 2023:
- 91% reported that their clinical rotation increased their
confidence
- 75% reported that they were not recruited by the healthcare
organization where they completed a rotation
- 74% did not have their first job lined up post-graduation at
the time of their rotation
- 62% said they would be highly likely to accept a position from
the organization where they completed their rotation—if it were
offered to them
- The #1 reason why nursing students said they’d accept a job
offer was that they observed that “the staff enjoyed their working
environment.”
The urgent need for hiring more nurses in healthcare
organizations in the U.S. is well documented. There were nearly 3.2
million registered nurses on the job in 2022, according to the
Bureau of Labor Statistics. Employment is expected to grow
faster-than-average through 2032, translating into about 193,100
openings, annually, on average. Compounding the problem is that
approximately 18% of newly hired nurses quit their jobs within one
year, while about one-third of nurses report that they’re thinking
about leaving the field altogether or retiring. Recruiting nurses
is a top priority among most healthcare organizations and continues
to pose a meaningful challenge for them.
Nursing educators—from both healthcare organizations and nursing
schools—play a central role in helping to close the talent gap.
Specifically, the completion of clinical rotations is a critical
component in student nurses’ education and preparation for their
nursing careers. HealthStream’s unique access to nursing students
who have recently completed a rotation is made possible via the
Company’s application, myClinicalExchange™, which streamlines the
journey of clinical rotations between students, healthcare
organizations, and nursing schools. When students sign-up for their
rotation in myClinicalExchange, they are given a unique “hStream
ID,” which grants them membership in HealthStream’s network. Any
HealthStream-provided training or certifications completed as a
student will then be available seamlessly to them as they take the
critical step of joining the healthcare workforce. This makes their
transition to practice more efficient—both for the student and the
healthcare provider hiring them.
From a broader perspective, this new survey is supportive of
HealthStream’s recent announcement to expand its target market to
now include the 1,000,000 nursing students across the nation’s
1,000+ nursing schools. Students’ voluntary survey responses
provided a distinct opportunity to hear their perspectives about
clinical rotations, their thoughts about post-graduation job
offers, and recruiting—or lack thereof.
One second-year nursing student said that during her rotation
that she did not engage in any recruitment talks with the
organization. “Job opportunities aren’t really discussed. I would
love to hear from my hospital, but I would not know who to talk to.
I sometimes hear about job opportunities from other students, but
not the organization.” This nursing students’ experience is
apparently prototypical.
HealthStream found that 75% of student nurses were not made
aware of potential job opportunities at the facilities where they
completed a rotation while, at the same time, 62% of them said
they’d be highly likely to accept a position if it were offered to
them. The results of HealthStream’s survey suggest that there may
be ample opportunities for recruitment of student nurses in
conjunction with their clinical rotations.
Comparably speaking, internship programs (which are roughly the
equivalent of healthcare organizations’ clinical rotation programs)
across other industries frequently view their programs as a fertile
opportunity for potential employee hiring—and conversations about
future employment often start during the students’ internships with
an organization. The healthcare industry, in contrast, has
historically kept the recruitment objective outside of clinical
rotations—as the roots of rotation programs were originally
grounded purely in service. In an interview by HealthStream with a
clinical leader directing rotation programs, it was acknowledged
that “some facilities are missing opportunities with soon-to-be
graduates.”
The discovery that 62% of student nurses said they’d be highly
likely to accept a job offer speaks very well to excellent job that
healthcare organizations are doing in their clinical rotation
programs. Over 90% of students said their rotation increased their
confidence in their abilities, while 76% of students said they were
highly likely to recommend the department or unit to other
students. Moreover, the healthcare organization’s overall workforce
culture had a strong impact on their likelihood of accepting a
potential job offer. Students’ observation that “the staff enjoyed
their working environment” was the single most important factor in
their likelihood of accepting a potential offer.
“The workforce shortage of nurses is clearly growing more dire
as demand increases and supply continues to be squeezed for a
variety of reasons,” said Robert A. Frist, Jr., Chief Executive
Officer, HealthStream. “In our survey, we discovered that nursing
students have the highest praise for their clinical rotations,
preceptors, and organizations where they’ve worked—and would love
to continue their professional careers post-graduation at their
facilities. myClinicalExchange expands healthcare providers’
ability to identify prospective new hires and ramp up their
recruitment program among an enthusiastic, already-engaged pool of
student nurses.”
To read HealthStream’s survey report, you may download it HERE.
You may also attend, free of charge, an informative webinar today
(March 28, 2024) at 11:00 a.m. CT to learn more about the survey
report. Click HERE to register for this webinar. To learn more
about HealthStream’s application, myClinicalExchange, click
HERE.
About HealthStream
HealthStream (Nasdaq: HSTM) is the healthcare industry’s largest
ecosystem of platform-delivered workforce solutions that empowers
healthcare professionals to do what they do best: deliver
excellence in patient care. For more information, visit
http://www.healthstream.com or call 800-521-0574.
This press release includes certain forward-looking statements
(statements other than solely with respect to historical fact) that
involve risks and uncertainties regarding HealthStream. These
statements are based upon management’s beliefs, as well as
assumptions made by and data currently available to management.
This information has been provided in reliance on the “safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995.
HealthStream cautions that forward-looking statements involve known
and unknown risks, uncertainties, and other factors that may cause
actual results, performance, or achievements to be materially
different from future results, performance, or achievements
expressed or implied by such forward-looking statements, including
as the result of risks referenced in HealthStream’s Annual Report
on Form 10-K for the year ended December 31, 2023, filed on
February 26, 2024, and in HealthStream’s other filings with the
Securities and Exchange Commission from time to time. HealthStream
undertakes no obligation to update or revise any such
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240328509105/en/
Mollie Condra, Ph.D. Vice President, Investor Relations &
Communications HealthStream (615)-301-3237
mollie.condra@healthstream.com
HealthStream (NASDAQ:HSTM)
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