How Can an EOR Solve Healthcare Sector Challenges

A series of challenges increasingly threatens high-quality healthcare, undermining the stability and effectiveness of service provision. The healthcare sector faces:

• Rising costs
• Underfunding
• Strict regulations
• Staffing shortages
• Slow technology adoption

All these factors make it difficult for healthcare organizations to maintain quality care while managing operational demands.

To overcome these challenges, you must reconsider your approach to workforce and operations management. This involves adopting more agile and scalable operating models that support both organizational growth and employee well-being.

This is where partnering with employer of record (EOR) services becomes invaluable.

By streamlining your workforce management and compliance through modern HR tech solutions, an EOR eases your burden. It allows you to focus on your core business—delivering exceptional patient care.

We’ll explore how an EOR can solve healthcare sector challenges. We’ll see how it transforms them into opportunities for greater efficiency and enhanced services.

1. Improve healthcare staff well-being with remote worker strategies

According to a Deloitte study, many healthcare workers feel overstretched and overworked. Specifically, 46% report negative impacts on their physical health and 57% on their mental well-being. As a result, over half are considering transitioning to part-time roles.

An EOR can directly address this challenge. It enables the strategic deployment of remote workers, reducing the workload on on-site staff. This also allows you to offer flexible self-rostering options.

You can utilize remote workers for functions such as:

• Telemedicine consultations
• Remote patient monitoring
• Appointment booking
• Case management

Deel EOR’s cloud-based platform supports a remote workforce by enabling compliant hiring in foreign countries. With Deel, you can easily hire and onboard remote workers, including international contractors, without setting up legal entities.

You can also manage payroll, track their time off and expenses, and offboard them without increasing your administrative burden.

Additionally, using an EOR for remote staffing offers the flexibility to scale your workforce up or down based on seasonal demands. It allows your healthcare organization to adjust staffing levels without the direct responsibility of hiring and terminating remote workers.

2. Address compliance demands proactively and with confidence

Healthcare organizations must keep up with a multitude of local, state, and federal employment regulations. It’s an added demand on available resources that diverts attention from direct patient care.

While following these regulations can be stressful, doing so ensures you meet legal requirements and gives you peace of mind. It also protects employee rights and fosters trust and integrity within the healthcare organization.

Deel EOR offers always-on compliance to keep your hiring and workforce management practices aligned with regulations. We handle all the complexities of employment laws. This includes contracts, terminations, taxes, and leave and overtime policies.

To simplify compliance further, Deel’s Compliance Hub updates you on changes in local labor laws affecting your organization. It also guides you in correct worker classification.

A team of legal experts is available to address your compliance questions and concerns. They ensure that your employment practices consistently align with current laws.

Discover how Us2.ai, a health tech startup, easily manages complex statutory requirements across the US, EU, and ANZ regions. It avoids costly compliance expenses while expanding globally with Deel.

See also: The Enterprise Guide to Global Compliance Management in 2024

3. Resolve staffing shortages and recruitment challenges

According to a 2024 NSI report, hospital turnover in the US reached 20.7% in 2023. Additionally, nearly half (47.8%) of hospitals reported a vacancy rate for registered nurses exceeding 10%.

Demand outpaces supply in the healthcare labor market, making it particularly challenging to find qualified professionals in rural areas. This gap affects the quality of patient care and impacts the performance of healthcare organizations.

Deel EOR can enhance your hiring strategy by tapping into a global talent pool. It empowers you to recruit and onboard highly qualified healthcare professionals regardless of their location.

We also support relocations through EOR visa sponsorship. With Deel’s Immigration service, you can compliantly hire expat talent from over 40 countries.

Our immigration experts handle the ongoing visa process for you, offering a hands-off approach that creates a frictionless experience for both you and your new hires.

Moreover, to ensure that labor shortages do not compromise quality, Deel implements strict background checks during onboarding. It reduces the risk of hiring unqualified or unlicensed healthcare professionals.

Discover how Eucalyptus, a healthcare technology company, successfully hired from the German, Philippines, and South African labor markets. They achieved this while saving between 5 and 10% in costs.

See also: The Value of Expat Employees for Your Global Team

4. Retain talent by enhancing the employee experience

While finding talent in the healthcare industry is already a major challenge, retaining it has also become increasingly difficult.

High turnover in the healthcare industry has significant financial consequences. According to the 2024 NSI report, replacing a bedside registered nurse in the US costs an average of $56,300. It causes the average hospital to lose between $3.9 million and $5.8 million.

Get an EOR that helps you create a positive work environment that enhances employee satisfaction.

Deel EOR helps you improve the employee experience in several ways:

• Fast and effective onboarding prepares workers for success in their new role
• Salary research tools, such as Salary Insights and Global Benefits, help you offer fair and competitive compensation packages
• The self-serve platform lets employees manage their personal information, access payslips, and request time off. All of this is available from a user-friendly dashboard
• Efficient and flexible processing of payroll, taxes, and benefits. It ensures employees receive accurate, timely payments in their preferred method and currency
• Slack plugins enhance communication and foster a listening culture, building employee trust

Discover how Prenetics, a health sciences company, uses Deel to deliver a positive employee experience from day one.

See also: How Staffing Agencies Can Guarantee a Good Employee Experience With an EOR

5. Upskill workers through training and development

The healthcare industry constantly faces rapid innovations in medical technology, treatment protocols, and healthcare delivery systems. Healthcare organizations must continuously invest in employee training to incorporate these advancements into daily operations. It’s a task that requires significant resources.

Failure to keep up may result in outdated practices. These can jeopardize patient outcomes and the organization’s reputation and competitiveness.

Deel EOR, through Deel Engage, offers the infrastructure to effectively retrain and upskill healthcare workers by providing:

• The ability to create custom training courses using AI or select from an extensive library of existing content
• Automation tools to easily assign and track the progress of training courses
• Various training formats, including modern methods like microlearning
• A centrally accessible library for easy access to all your training courses
• The capability to deliver targeted training based on individual workers’ skill gaps

Beyond keeping up with industry advancements, investing in employees’ career development keeps them at the forefront of the industry. It fosters a culture of excellence.

Deel Engage provides tools to support the career advancement of your workers, including:

• Competency-based career progression frameworks that show workers how they can expand their scope of practice and grow professionally
• 360° performance reviews to provide comprehensive feedback, identify strengths and areas for improvement, and guide targeted development efforts
• Goal-setting tools such as OKRs to establish clear performance objectives and track progress

6. Manage rising operational costs

Growing costs for medical equipment, supplies, facilities, and utilities strain healthcare budgets. In addition, complex and inadequate reimbursement procedures from government agencies and insurance providers worsen the situation.

As a result, healthcare organizations often struggle to provide affordable, high-quality care while ensuring long-term stability.

Deel offers comprehensive solutions to address these financial pressures. It automates and integrates essential functions like HR, payroll, compliance, and contractor management into a single platform. This approach reduces administrative overhead and leverages economies of scale.

It enhances operational efficiency and helps your healthcare organization optimize its resources more effectively.

7. Create effective data exchange through tech integration

Adopting new technologies is essential for healthcare organizations to stay current and competitive. However, integrating these innovations with existing healthcare systems can pose challenges.

Compatibility issues between new and legacy systems can lead to data silos, inefficient workflows, and increased risk of errors.

Achieving interoperability, where all systems work together smoothly, ensures that the technology you adopt enhances instead of disrupts operations.

Deel EOR addresses these challenges with its powerful integration capabilities. By supporting custom APIs, Deel allows for seamless integration with tools like accounting, expense management, and time tracking. It ensures smooth data exchange within your existing infrastructure.

This unified system delivers comprehensive and up-to-date data. It enables you to make informed decisions on workforce planning, benefits administration, and employee development.

8. Mitigate cybersecurity risks

Data protection is a critical legal obligation in healthcare, enforced by regulations like HIPAA. These regulations ensure the security and privacy of sensitive information.

Besides, healthcare systems are attractive targets for hackers. They hold valuable personal and financial data, often have weak security measures, and can cause major disruptions if attacked.

Deel’s EOR platform adheres to the highest global security standards, ensuring full data protection and privacy. It enables your organization to consistently comply with patient data protection requirements, including:

• HIPAA: Compliant with the Health Insurance Portability and Accountability Act for safeguarding patient health information
• ISO 27001: Follows the international standard for information security management systems
• GDPR: Conforms to the General Data Protection Regulation for data protection and privacy in the European Union
• SOC 2: Meets standards for data security, availability, processing integrity, confidentiality, and privacy
• CCPA: Complies with the California Consumer Privacy Act to protect personal data and ensure the privacy rights of California residents

Solve healthcare sector challenges with Deel, a full-service EOR

Workforce management challenges, technological issues like cybersecurity threats and system incompatibilities, and complex compliance requirements heavily burden the healthcare sector.

While it’s a lot to handle, Deel EOR, paired with the right strategies, can turn them into growth opportunities. Here’s how:

• Expand your talent search globally: Use Deel to hire and manage remote workers and contractors or facilitate their relocation
• Streamline compliance: Ensure compliance with local tax and labor laws by delegating this task to Deel
• Enhance the employee experience: Use Deel to offer attractive compensation, timely payments, self-serve platforms, communication tools, and personalized training and development
• Automate HR functions: Leverage Deel to consolidate and automate HR tasks for greater efficiency and cost savings
• Create smooth data flow: Integrate Deel with existing software for easy data exchange while ensuring strong data security.

Try Deel. Book a demo to witness how it can address the unique challenges facing your healthcare organization.