THE WELCH COMPANY
440 Davis Court #1602
San Francisco, CA 94111-2496
415 781 5700
rod@welchco.com


S U M M A R Y


DIARY: July 18, 2014 04:38 AM Friday; Rod Welch

Nurses delaying retirement due to increased demand.

1...Summary/Objective
........More registered nurses are delaying retirement, researchers


..............
Click here to comment!

CONTACTS 

SUBJECTS
Retirement Deferred Age 69 Nurses Other Professions Article McKnight                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
0403 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
0403 -    ..
0404 - Summary/Objective                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
0405 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
040501 - Follow up                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
040502 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040503 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040504 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040505 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040507 -  ..
0406 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
0407 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
0408 - Progress                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
0409 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
040901 - Kathy plans to retire in October at age 65, probably because her                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
040902 - brother and friends have done this, so there is social pressure for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
040903 - her to conform.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040905 -  ..
040906 - She is currently working 3 - 4 days a week.  Kathy has discussed                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
040907 - getting part-time work after retirement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
040909 -  ..
040910 - Article published today indicates many nurses are taking "retirement,"                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
040911 - at age 65, then getting jobs with less hours, so they remain active,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
040912 - but have flexibilty for other activities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
040914 -  ..
040915 - A key fact not presented in the article today, is that retirement at                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
040916 - age 65 is encouraged through law, primarily the social security                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040917 - system, because when the law was passed in the 1930s, most people did                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
040918 - not live much past 65.  Many began feeling the effects of age in late                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
040919 - 40s and 50s.  Today, health care and lifestyle changes that enable and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
040920 - encourage people to be physically active, plus avoid smoking,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
040921 - drinking, and other substance abuse problems, enables people to be                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
040922 - physically capable to continue work well into the 80 year old age.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
040924 -  ..
040925 - Major benefit of continuing in the work force is continuity of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
040926 - experience that avoids mistakes of inexperience.  Another benefit is                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
040927 - maintaining a work force with enough people to meet commitments for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
040928 - expanding entitlement to health care.  This issue is cited in the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
040929 - article today, shown below. ref SDS 0 NN9L                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
040930 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040932 -         ..
040933 -        McKnight's News Service                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
040935 -         ..
040936 -        More registered nurses are delaying retirement, researchers                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
040937 -        say                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
040938 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040939 -              http://www.mcknights.com/more-registered-nurses-are-delaying-retirement-researchers-say/article/361503/                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
040940 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040941 -        Date..................................... July 18, 2014                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
040943 -         ..
040944 -        By:  Stephanie H. Kim, Intern                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
040945 -             @HeenyounKim                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
040946 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040947 -        1.  Despite ?imminent retirement? of baby boomers, more                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
040948 -            registered nurses are working longer after age 50,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
040949 -            researchers find.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
040951 -             ..
040952 -        2.  Those nurses older than age 50 are working 2.5 years more                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
040953 -            than RNs in previous decades, according to David I.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
040954 -            Auerbach, policy researcher at RAND Corporation, and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040955 -            corresponding authors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
040957 -             ..
040958 -        3.  From 1969 to 1990, almost half of RNs were working until                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
040959 -            age 62, with less than 10% working until age 69, they                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
040960 -            found.  From 1991 to 2012, 74% of nurses were working at                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
040961 -            age 62, and almost a quarter were working at age 69.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040963 -             ..
040964 -        4.  The researchers attribute this trend to the recession and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
040965 -            the delayed retirement of baby boomer RNs, although the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
040966 -            trend toward later retirement isn't unique to nursing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
040967 -            researchers noted.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
040969 -             ..
040970 -        5.  Plus, changes in care delivery under the Affordable Care                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
040971 -            Act suggest there may be an increase in demand for RNs to                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
040972 -            handle care coordination, management or ambulatory care.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
040973 -            Older RNs are far more likely to work outside the hospital,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
040974 -            the analysis showed.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040976 -             ..
040977 -        6.  "Because many RNs tend to shift out of hospital settings as                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
040978 -            they age, employers seeking RNs for nonhospital roles may                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
040979 -            welcome (and seek to capitalize on) the growing numbers of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
040980 -            experienced RNs potentially able to fill these positions,"                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
040981 -            the researchers wrote.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
040983 -             ..
040984 -        7.  Findings were concluded by analyzing the age, employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
040985 -            status and hours worked of RNs included in the Current                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
040986 -            Population Survey and the American Community Survey.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040988 -             ..
040989 -        8.  Results were presented at the Academy Health Annual                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
040990 -            Research Meeting in San Diego, CA, on June 9, and published                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
040991 -            in Health Affairs in July.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
040992 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040993 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040994 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040995 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040996 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040997 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040998 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
040999 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
041000 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
041001 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
041002 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
041003 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
041004 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
041005 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
041006 -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
0411 -