Medical practices are one of many industries feeling the harsh effects of the “great resignation”, including sudden staffing shortages, particularly in the field of nursing.
Though there are many things medical practices can do to not only hire new staff, but to retain them as well, overcoming staffing shortages often requires an investment of working capital. Merchant cash advances (MCAs) are an ideal source of medical practice funding for those looking to boost cash flow in order to hire and retain qualified staff.
In our latest post for Physician’s Practice, we take a closer look at how merchant cash advances can be used to attract new hires and retain existing staff, including:
Offering overtime
Upskilling existing staff
Hiring new staff
Offering higher wages and better benefits
Providing flexibility to new and existing employees
Investing in technology to help you automate and reduce staffing needs
Medical practices are one of many industries feeling the harsh effects of the “great resignation”, including sudden staffing shortages, particularly in the field of nursing.
Though there are many things medical practices can do to not only hire new staff, but to retain them as well, overcoming staffing shortages often requires an investment of working capital. Merchant cash advances (MCAs) are an ideal source of medical practice funding for those looking to boost cash flow in order to hire and retain qualified staff.
In our latest post for Physician’s Practice, we take a closer look at how merchant cash advances can be used to attract new hires and retain existing staff, including:
Recent Posts
Recent Comments
How to Improve Cash Flow in Construction
February 19, 2025The Benefits of Alternative Financing for Attorneys
February 18, 2025Tips for Managing Debt in Small Businesses
February 16, 2025How to Build a Strong Financial Plan
February 15, 2025Categories
Tags