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Guest Columnist Author: David Harap, Global Healthcare Practice Leader – Stanton Chase International Last Updated: Apr 23, 2009 - 8:29:17 PM



Jobs in the Thriving Healthcare Industry
By David Harap, Global Healthcare Practice Leader – Stanton Chase International
Mar 29, 2009 - 1:09:18 PM

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(HealthNewsDigest.com) - It’s one of the worst job markets in history and a time when hundreds of thousands of people have been laid off. While there are some industry sectors that are surviving, none continue to remain as immune to current times and thrive like the healthcare industry. The need for qualified healthcare executives is stronger than ever, and the urgency to fill these positions isn’t going to let up anytime soon. Healthcare is the place to be right now in terms of job security, so much so that people in other sectors are changing direction and flocking to this sought after job market.

The Jobs are everywhere
There are openings across the entire spectrum of the healthcare industry right now. The nursing shortage is well known with a severe shortage of RNs and LVNs. According to the Bureau of Labor Statistics, the number of nursing positions is expected to increase by 587,000 between 2006 and 2016, adding to the more than 2.5 million nursing jobs already in the industry right now.

There is also an abundance of IT positions available. With the latest cutting-edge technology and software to manage patient records, diagnose and treat diseases, there is an urgent need to find qualified, well-trained individuals to run these complex networks, sophisticanted machines and the supporting software applications. High-tech medical equipment personnel to run MRI, PET and CAT scanning diagnostic equipment, in addition to radiation therapy, x-ray, ultrasonic, electro-medical, and laser equipment is greatly needed today.

IT, financial services and operations professionals from other industry sectors with transferable skill sets are being recruited to the healthcare industry to fill the vacancies. This is also good news for members of these fields that have faced layoffs during the past year. The goal right now is to import the most talented individuals from downsizing industries into the healthcare sector where it is so desperately needed.

There is also a need for qualified employees at the senior leadership level. All of the searches we are working on right now in the healthcare sector are at the vice president level and above. These range from Chief Operating Officer, Vice President of Human Resources, and Vice President of Information Services. Even more encouraging news is that these are new positions, not replacement hires. Companies in the healthcare industry are looking to add leadership bench strength with more seasoned professionals that present the depth and strength for these important roles.

Hospital employment passed the 4.5 million mark in 2007, and has risen by about 100,000 per year recently, according to the Bureau of Labor Statistics. If you consider that approximately 512,000 jobs have been lost at America’s largest companies alone since November 2008 according to a Forbes Magazine poll, and not taking into account the number of people laid off prior to that, HR departments in healthcare organizations have been inundated with resumes.

Other initiatives that will bring new jobs to healthcare

Disease Management
Not only is the healthcare sector currently one of the more secure career fields to be involved with right now, but the future looks even more promising.

The increased use of disease management is sure to continue to bring newly created jobs to the healthcare industry. Disease management, which is a system of coordinated health care interventions and communications to improve quality of life by minimizing the effects of a disease through integrative care, is now taking shape for many chronic conditions from heart disease and cancer, to diabetes, sleep disorders and even more minor conditions.

Take a patient diagnosed with diabetes, for example. If left unchecked, potential life-threatening complications can occur, from heart disease to loss of limbs. Disease management tackles the problem head on. The patient’s line of care might include seeing a nutritionist to provide a balanced, healthy diet, to hiring an in-home nurse for a few weeks to ensure proper disbursement of injections and timely blood sugar level testing.

Disease management brings jobs to the healthcare sector, while providing patients with the best possible care in hopes of improving quality of life and reducing the number of later complications.

The Economic Stimulus Plan
It’s hard to imagine, but right now information about your car repairs is more digital than your medical records. A Jiffy Lube in one part of the country is able to pull records from a Jiffy Lube in a different location hundreds of miles away. Nineteen billion dollars of President Obama’s economic stimulus plan will be spent on accelerating the implementation of electronic medical records for all Americans by the year 2014. Gone will be the days of paper records and having to bring your medical records to specialists. A doctor will be able to access records at the touch of a button. This measure is sure to create even more jobs in healthcare. While it is possible that doctors themselves can enter a patient’s information as they write it on a patient’s chart right now, it is more likely a member of the office staff will enter this information based on the doctor’s written notes. Developing this technology that is compatible with all doctor’s offices, hospitals and clinics is going to be on the forefront for IT specialists.

Healthcare jobs are in demand on a global level
Healthcare jobs are everywhere. Right now we are completing assignments for a number of companies based in North America, with positions located in Brazil, France, Australia and Germany. The reality of it is that people will always require medical care regardless of their location and of the current economic situation, which makes the healthcare industry one of the safest places to be in terms of job security. If you want a career that is unlikely to be touched by the turbulent times hurting other industries right now, consider a move to healthcare.

David Harap is Global practice leader of the healthcare sector for Stanton Chase International, a retained executive search firm. The 450-member organization conducts local, regional and international executive search campaigns for many top companies worldwide. Stanton Chase currently has 67 offices in 41 countries. There are 12 offices in North America. For more information, visit www.stantonchase.com.

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