What's NEW Too Time to Fill a Hospital Management Position Continues to Fall In a study released by the Nielsen Healthcare Group (NHG) it was revealed that the length of time it is taking hospitals to fill management positions continues to drop. In 2010 the average length of time from when a hospital management position became vacant until the new hire started dropped to 95 days. In 2009 the median length of time was 99 days. The longest length of time recorded for hospitals to fill management positions was 115 days in 2008. Craig Venneman, Vice President of NHG, observed that the continuing elevated rates of unemployment are making it possible for hospitals to recruit hospital management staff faster. “We normally think of unemployment rates in the aggregate, but it appears that the unemployment rate for hospital managers is also such that hospitals are able to fill their management vacancies more quickly”, he shared. Bruce Nielsen, FACHE, President of NHG, questioned whether the volume of unemployed hospital managers would match the needs of hospitals much into the future. “We have recently seen an increase in retirements in the ranks of healthcare managers. With the losses which those managers experienced in their investment portfolios, a year or two ago, they decided to work a few more years to replace their retirement funds. Now that the stock market has recovered, they are again planning their retirements.” Previous Page You might have found this page searching for: Interim Healthcare Executive