1 Meet Our Presenter Madeline Laurano Research Director, Talent Acquisition Solutions, within Aberdeen’s Human Capital Management research practice. 2 3 Aberdeen Maturity Class Framework P A C E Best-in-Class Industry Average Laggard What you need to do to become Best-in-Class What processes you should have in place What you need to measure Organizational changes you might want to make Data / Knowledge management considerations Technologies you should evaluate 4 Our Agenda Current State of Healthcare Understanding Your HCAHPS Score The Role of Talent Key Recommendations Considering RPO 5 Current State of Healthcare 6 Challenges Driving Healthcare Organizations 7 Top Concerns of the Modern Healthcare System Containing Costs Improving Quality Identifying the Right Talent Improving HCAHPS 8 9 HCAHPS The intent of the HCAHPS initiative is to provide a standardized survey instrument and data collection methodology for measuring patients' perspectives on hospital care. 10 What Impacts HCAHPS Patient Satisfaction Patient Experience Hospital Environment Hospital Talent HCAHPS 11 Fast Fact 80% of organizations believe that talent plays a critical role in determining HCAHPS scores 12 How Can Talent Influence Your Score? 13 Strategies to Improve HCAHPS Scores 14 Greatest Influence on HCAHPS…Talent Matters 15 Position Most Critical to Improving HCAHPS Nurses - 85% Physicians - 8% Administrative Staff -7% 16 The Business Impact Organizations that link HCAHPS with talent were able to improve: Quality of hire by over 25% Patient satisfaction by over 16% Retention of Nurses by over 10% 17 Key Recommendations Quality of Hire must be a priority Identify the most critical jobs to driving patient satisfaction Improve recruitment and retention strategies Invest in providers that can help you achieve this goal through a partnership 18 How RPO Can Help 19 RPO is Gaining Momentum… 43% of Healthcare organizations are investing in RPO 20 Goal in a RPO Investment 21 Impact of RPO on the Business 22 The Use of RPO for Healthcare 23 Key Elements of RPO 24 Where to Find Quality Talent? 68% of healthcare organizations are leveraging social media in their recruitment efforts 70% of Care Organizations 69% of Insurance 64% of Biotech Organizations 25 Looking Ahead 70% of the healthcare organizations investing in RPO cited identifying gaps between the supply and the demand for talent as a top priority. 26 Thanks for your interest in our research! Visit PinstripeHealthcare.com for a complimentary copy of RPO in Healthcare: Improving Quality and Staying Compliant Madeline Laurano Research Director madeline.laurano@aberdeen.com 617-854-5304 27