Improve Staff Retention Through Formal Recognition, Coaching

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Improve staff retention by recognizing their efforts, which will instill in them a sense of ownership and belonging in the workplace.

"Spontaneous recognition can be as simple as walking by a staff member, observing a desired behavior, and commenting on how much you appreciate it. These informal moments and interactions are invaluable, and they can reinforce your staff’s desire to do a good job."— Victoria England, MBA, BSN, RN, NE-BC

Staff recognition is an important component of nurse leadership because it lets staff know that their work is valued and appreciated. This week's feature details why managers don’t need an overly formal process for recognition; spontaneity is also important and can send a strong message.

Also, in this issue:

Women in Healthcare Leadership Spotlight: Dr. Penny Wheeler RN CFO Discusses AI, Price Transparency Efforts Physicians Groups Slam 2021 Physician Fee Schedule

Improve Staff Retention Through Formal Recognition, Coaching

Improve staff retention by recognizing their efforts, which will instill in them a sense of ownership and belonging in the workplace.

MemorialCare Health System CFO Outlines AI Partnership, Price Transparency Efforts

While some elements of the project have been hampered by the effects of the pandemic, MemorialCare's CFO tells HealthLeaders that she remains optimistic about their AI partnership with Olive.

'We Don't Even Know Who Is Dead or Alive': Trapped Inside an Assisted Living Facility During the Pandemic

What it's like to stay alive as the virus charts its fatal course through a home for the elderly in one of the worst-hit neighborhoods in the Bronx.

Sponsored
3 Strategies to Help Hospitals Capture Revenue during Covid-19

Even with funding from the CARES Act distributed last spring, hospitals’ profit margins were still negative in the second quarter, according to the American Hospital Association

New Tenet Healthcare Hospital Group CMO Shares Keys to Leadership Success

Adrian "Eric" Ramos, MD, discusses physician leadership, quality improvement, and patient safety.

Women in Healthcare Leadership Spotlight: Dr. Penny Wheeler

The Allina Health CEO shares insights about her professional journey and how she strives to "change healthcare for the better."

MGMA, ACS, ACEP Pan 2021 Physician Fee Schedule

The Medicare physician fee schedule final rule was released less than two weeks after the Trump administration announced changes to the Physician Self-Referral Law, also known as "Stark Law."

Give it a Read

New York City nurse braces for new COVID-19 surge. 'Nobody wants to do it again.' — The Wall Street Journal
A N.J. nurse and six of her family members have COVID-19. And it began with a small act of kindness — CNN
UW System offers tuition break for nursing students' help in hospitals, nursing homes — Channel3000
Oklahoma Nurses Association addresses nursing shortage amid pandemic — KOCO
If there aren't enough vaccines for all healthcare workers in California, which doctors, nurses or aides will get it first? — KQED

Check out more healthcare finance stories at HealthLeadersMedia.com/Nursing

As always, I welcome your tips, thoughts, or advice at shoang@blr.com.

Son Hoang
Editor, Nursing

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