Could a better economy lead to more retirements?
In challenging economic times, Baby Boomer health care workers may stay in their jobs longer to save more for retirement or make up for investment losses. What does that mean for the job market? If the economy improves, that could lead to a huge new wave of retirements of people at an age when they need health care the most, says Ron Holder, MHA, chief operating officer for the Medical Group Management Association. Holder discusses staffing in physicians’ practices, hospitals, and health care systems, expected to be one of the top administrative challenges facing the sector in 2023.