Some hospice providers are walking a tightrope as they decide how to invest in recruitment and retention.
Hospices have been pouring financial resources into efforts to bolster their workforce and are seeking ways to balance the costs associated with recruitment that differ from retention expenses. However, the process of calculating and comparing those costs can be more complex than it may sound.
As hospices choose which buckets to fill, the cost of retention may be a little harder to quantify than the cost of recruitment, according to Cooper Linton, associate vice president of North Carolina-based Duke HomeCare and Hospice.
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