Behavioral Health Business June 7, 2024
Behavioral health staffing pressures have eased since the crisis-inducing levels of the COVID-19 pandemic toward a new normal.
That new normal is defined by heightened challenges compared to the pre-pandemic era. It is also defined by market and financial constraints, forcing the totality of the behavioral health industry to address the importance and power of company culture. The acute phase of the pandemic led to an arms race over compensation, including still-elevating wages and large sign-on bonuses. This led to disastrous outcomes for some behavioral health providers.
“It’s a little easier for us to find our nurses now, and our agency spend has decreased over the last 12 to 18 months,” Kim Brady, chief human resources officer for Franklin, Tennessee-based...