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Stock impact report

Facing Massive Talent Shortages, The Contingent Workforce Looms Large In Booming Healthcare Industry [Forbes]

Definitive Healthcare Corp. (DH) 
Company Research Source: Forbes
The U.S. population is aging. With the oldest baby-boomers already in their mid-70s, the youngest boomers are quickly approaching 60. As older Americans retire from the workforce, they simultaneously require more access to healthcare, whether in hospitals, nursing homes or at-home care.gettyU.S. Census data shows that 16.8% of the population was 65 or older in 2021 and projects that number will grow to 21% in 2030. Not surprisingly, the Bureau of Labor Statistics (BLS) projects that healthcare will add nearly 2.6 million jobs between 2021 to 2031 – the most of any sector.In addition to retirement, current talent shortages are also exacerbated by mental and physical burnout in the wake of a global pandemic. A recent Definitive Healthcare report estimates 333,942 healthcare providers left the workforce in 2021. McKinsey estimates a gap of 200,000 to 450,000 nurses available for direct patient care in the US by 2025.Addressing Labor Shortages through the Extended WorkforceThe pandemic fo Show less Read more
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