Olympus Global Executive Search and Recruiting Human Solutions For The Global Community

Health Care

The healthcare sector is one of the fastest growing and most reliable in the U.S. economy. Between now and 2020, the U.S. Bureau of Labor and Statistics (BLS) is forecasting a 20% growth in healthcare hiring. According to a study published by the Brookings Institution, over the past 10 years the healthcare industry has grown 10 times faster than any other industry. Currently, about 14.5 million people are employed by the U.S. health care industry, a 22.7% increase from 2003.

The most significant cause for this steep increase in healthcare employment is the changing demographics of the U.S. population. According to the Pew Center Report there are 79 million baby boomers, which is estimated to account for 26 percent of the country’s population who are expected to live longer than any previous generation, and many of them will need continuing medical care for the rest of their lives and use a disproportionately large share of healthcare services.

When The Affordable Care Act takes effect in 2014, more than half of the 40 million uninsured Americans will have affordable access to healthcare. This change in accessibility will result in greater demands for healthcare, in both the prevention and therapeutic settings. Additionally, while the preventative care movement grows, medical technology continues to evolve, leading to the need for new types of specialists to manage delivering this new care model.

The Bureau of Labor Statistics indicates that advance practice nurses and physician assistants will be among the most in demand healthcare professionals. Nurses, doctors, pharmacists and dentists will become more specialized and will be high demand as the population ages. U.S News and World Report recently named dentist, pharmacists and registered nurse as the top 3 best job picks for 2013.

Additionally, there will also be an increased demand for data analysts and research ontologists in the life sciences sector to help with the development of new products. Billing and information professionals will also be in large demand in order to establish and maintain the digital patient records required by healthcare reform.

These demands in the health care occupations will make filling a healthcare organizations jobs more challenging than ever before. The cost benefit of engaging expert recruiting services with the difficult task of determining who will be a good fit for their companies is a solid investment.

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