Check out the timestamps below to help you navigate through the many topics we discussed.
On This Episode:
The issue of reimbursement is one that we’ve covered from many different perspectives on this show but now it’s time to take the problem into our own hands. Rebecca Love, RN, MSN, FIEL is leading a commission for nurse reimbursement to tackle this broken financial model once and for all. Today we’ll tell you all about the commission’s plan and why we think this will transform the healthcare system and help end the terrible nursing crisis our country is facing.
You might remember Rebecca from episode 200 when she joined us to discuss the power of nursing and the future of the industry. Since the last time conversation, she asked Sharon to be a co-chair to launch the commission for nurse reimbursement, which we both feel very strongly about. This show we’ll detail all of the issues we see with the current system and explain why this needs to get solved immediately.
Just look at these two stats that Rebecca shared from the show that really highlights the current state of nursing:
- Prior to COVID, the average experience for a nurse on a 12-hour shift was six years. Now that’s dropped to 2.8 years of experience.
- Nursing is the largest profession in the country, graduating 250,000 nurses each year, but still has a shortage because we can’t keep them in the profession.
This is such an important episode and we hope you take the time to listen to what Rebecca has to say. If you want to stay updated, we encourage you to visit the commission’s website and sign up for email updates.
Here are some of the things you’ll learn on this show:
- History of the current financial model and why it’s a problem. [4:00]
- Why is this perpetuating the nursing shortage? [9:21]
- Where is the money going right now if it’s not going to nurses? [14:30]
- This next generation is much more in tune with the financial realities of the world. [19:55]
- The problem with nurses that are being brought in from overseas. [26:59]
- Details on the commission, who is involved, and what you can do to help. [32:06]
- Thoughts on why this is so critical for nursing moving forward. [36:27]
We’re going to change the entire financial model to allow nurses to have a billable service so that we can align the right amount of reimbursement with the right amount of nurses needed to deliver patient care for safe and effective delivery to transform healthcare, so that we’re not in these situations that’s driving forward this terrible nursing shortage, this terrible nursing crisis, that literally comes down to one issue, which is we have a failed financial model.
–Rebecca Love, RN, MSN, FIEL
