Trends in Offshore Staffing 2024: Managing the Future of International Healthcare Recruiting

 The need for skilled healthcare personnel is growing as the healthcare system changes. The World Health Organization (WHO) predicts that by 2024, the amount spent on healthcare worldwide would have reached an astounding $10 trillion. Cost-effective and efficient recruitment tactics are more important than ever due to issues including an ageing population, technology breakthroughs, and shifting healthcare policies. With its many advantages, offshore staffing has become a prominent alternative for healthcare businesses across the globe. This blog examines the most recent developments in offshore healthcare staffing and demonstrates how offshoring can provide secure, legal, and affordable options to assist organization's in overcoming these obstacles.

The Increasing Need for Specialized Medical Personnel

The need for offshore recruiting is being driven by the perfect storm of issues that the global healthcare business is confronting.

Talent Scarcity and Ageing Population: As the world’s population ages quickly, there is a greater need for healthcare services. But the number of medical professionals available is not keeping up. According to the Association of American Medical Colleges (AAMC), there will be a shortfall of up to 139,000 doctors by 2033, making it imperative to look into international talent pools.

New Technological Advancements: A workforce with specific skills is needed to keep up with the fast use of technology in healthcare, such as AI and telemedicine. According to Markets & Markets, the global AI healthcare industry is expected to reach $28.7 billion by 2024. Healthcare companies may access a larger pool of individuals with the requisite experience through offshore recruitment, which helps them stay competitive in a rapidly evolving market.

Modifications to Healthcare Policy: The COVID-19 pandemic put a great deal of strain on the healthcare system, which in turn raised the need for medical specialists to manage the consequences going forward and to prepare for them. (Source: United Kingdom Government) As a result, changing healthcare regulations are changing the nature of hiring. Healthcare organizations can benefit from offshore employment by having a flexible solution that can adjust to these changes and give them the agility they need to succeed.

Issues with Healthcare Staffing

Notwithstanding the advantages, there are a number of issues with healthcare personnel that need to be resolved in order to provide long-term fixes:

High Turnover Rates: The healthcare industry is infamous for having high turnover rates, which can raise recruitment expenses and interfere with continuity of treatment.

Widespread Staff Burnout: The pandemic has made work expectations even more stressful for healthcare professionals, which has complicated recruitment attempts.

Recruitment Challenges: It’s getting more and harder to find and keep qualified healthcare workers, especially in specialized positions where there’s a lot of competition.

Reduced Staff Retention activities: Due to financial restrictions, there are fewer staff retention activities, which makes it more difficult to retain talent inside the company.

Lack of skilled Workers: Many nations are finding it difficult to meet the demand for specialized skills, and the lack of skilled healthcare workers is a global problem.

Offshoring’s Effect on Healthcare Staffing Budgets

The present state of the economy has greatly strained healthcare staffing budgets. The difficulty of filling skilled roles locally and growing operating costs have made hiring people from outside more alluring.

Benefits of Offshore Recruitment That Save Money: Compared to hiring locally, offshore recruitment can save labor costs by up to 70% on wages and salaries. (Refer to Forbes) This cost-effectiveness is especially beneficial in specialty positions where local talent is pricey and in short supply.

Filling Specialized Positions Is Tough: Hiring qualified candidates is difficult in fields like radiology and nursing where there is a dearth of experienced workers. Access to a worldwide talent pool is made possible by offshore staffing, guaranteeing a more diverse range of competent applicants.

Using Offshoring as a Fix

Healthcare businesses can overcome these difficulties by utilizing offshore recruitment, which gives them access to a larger pool of competent applicants at a far lower cost.

Cost Savings: Hiring from offshore can result in substantial cost savings on hiring while upholding standards of quality. This is especially helpful for healthcare institutions that are operating on a tight budget.

Access to a Larger Candidate Pool: Hiring offshore gives you access to a talent pool of people all over the world, which guarantees a highly skilled and diversified workforce.

Conclusion

An effective way to address the growing pressure on healthcare institutions to cut costs without sacrificing quality of treatment is through offshore recruitment services.

IMS People Possible is the reliable partner you need to fill crucial positions and keep ahead of the curve in the quickly evolving healthcare industry.

Healthcare organizations may access a larger talent pool, save a substantial amount of money, and guarantee compliance with the strictest security and regulatory requirements by collaborating with IMS People Possible.

Do you want to learn more about how IMS People Possible can help you with your offshore hiring needs in the healthcare industry?