What’s Happening and How Rellevate Can Help
From hospitals, to long-term care facilities and home healthcare, the demand for skilled professionals is now approaching 70% and far outweighs the available workforce. This shortage comes with significant financial, operational and care-quality implications, making it one of the most pressing challenges in the industry today
- Financial Burden on Healthcare Institutions: Staffing shortages are forcing employers to rely heavily on expensive temporary staff, which can cost up to 3x more than full-time employees, driving rates higher and escalating costs
- Increased Healthcare Costs for Patients: As employers struggle to maintain staffing levels, operational inefficiencies arise. The higher costs of temporary staffing and overtime often get passed on to patients through increased medical bills and insurance premiums, making healthcare less affordable and resulting in a diminishing patient base for impacted organizations
- Burnout and Workforce Retention Challenges: As staff churn out, existing employees become overworked and are now experiencing record levels of burnout, contributing to even higher turnover rates. This creates a vicious cycle—staff shortages lead to burnout, leading to even more shortages, eventually leading to bottom-line P&L challenges and the very survival of some healthcare organizations
Rellevate: The Staff Hiring & Burnout Solution
Pay Any Day (EWA) is one of the fastest growing employee benefits in the U.S. today and is proven to help drive:
✔ 36% increase in employee retention
✔ 75% increase in hiring dynamics
Rellevate’s Unique Pay Any-Day Platform helps cash-strapped employees by giving them the ability to receive a portion of their wages whenever they need them at zero cost to you or the employee
