This week I am speaking to the founders of IntelyCare this week on Capital Stack- one of the largest most funded ($171M) software companies charged to solved the nursing shortage crises in the United States. This is an incredibly informative episode on the current and upcoming emergency in the healthcare workforce. You can watch/listen to the podcast on YouTube, Apple, or Spotify
Did you know fifty percent of nurses leave the bedside within the first two years of practice? There are fundamental issues why this happens, including the profession’s unfair reimbursement models. How, then, do we solve the nursing shortage? In this episode of The Capital Stack, we have Rebecca Love and David Coppins discuss the nursing shortage, why nursing as a profession is failing, and the fundamental issues that need to be looked at. David is the Co-Founder & CEO, and Rebecca is the Chief Clinical Officer at IntelyCare, a healthcare workforce management platform with an AI-based float pool management and per-diem matching technology. Listen in to learn the importance of investing in nursing to not only retain nurses in the profession but also to attract those who left. You will also learn how the government can change the reimbursement models, and the market can become nurse friendly to tackle the nursing shortage significantly.
What You Will Discover:
• [01:24] Understanding the contributing factors to the nursing shortage facing the country.
• [04:01] They explain how they’re changing the working environment for nurses to enjoy their profession.
• [10:50] The fundamental conversation that needs to happen to understand why nursing is failing.
• [18:07] The unfair reimbursement model that undermines nursing and why it needs to end.
• [27:01] The questions hospital boards need to ask to investigate the system and improve things for nurses and patients.
• [37:00] How staffing organizations created value by investing in models that worked for nursing during the pandemic.
• [43:58] How to connect with IntelyCare to understand how they’re tackling the markets. Memorable Quote:
• “In 2020, it was the only meaningful increase in nursing salaries in the history of this country when nursing salaries went up by 3.26%.”- Rebecca Love [41:07]
Connect with Rebecca & David:
• Website: https://www.intelycare.com/
• Rebecca’s LinkedIn: https://www.linkedin.com/in/rebeccalovenursing/
