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What do you do if you're laid off in healthcare management?

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Losing your job in healthcare management can be a distressing experience, but it's important to remember that it's a hurdle, not a dead-end. The healthcare industry is dynamic, and while layoffs can happen for various reasons, such as budget cuts or organizational restructuring, your skills remain valuable. As you navigate this challenging time, it's crucial to take proactive steps to manage your career transition, seek new opportunities, and maintain your professional network. You have the expertise and experience to overcome this setback. Now, let's explore some practical steps you can take if you find yourself laid off from a healthcare management position.

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1 Assess Finances

When you're laid off, the first thing to address is your financial situation. Review your savings, consider how long you can manage without an income, and create a budget that minimizes expenses. Apply for unemployment benefits as soon as possible to have some financial support while you search for new employment. It's also wise to contact your creditors to discuss potential options for reducing or deferring payments during this period.

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Ravinder Bharti

Elevating PR and Marketing: Driving Growth & Innovation
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If you're laid off in healthcare management, take a moment to process the news and manage any emotions you may be feeling. Reach out to your professional network for support, advice, and potential job leads. Update your resume and LinkedIn profile to showcase your skills and experience. Consider exploring new opportunities in related fields or industries, and be open to temporary or contract work while you search for a permanent position. Stay resilient and proactive in your job search efforts, and remember that setbacks can lead to new beginnings.

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2 Update Resume

Your resume is your first opportunity to make an impression on potential employers. Ensure it's up-to-date, highlighting your healthcare management experience, accomplishments, and any recent professional development activities. Tailor your resume to the job you're applying for, emphasizing the skills and experiences that are most relevant to the position. A strong resume can significantly increase your chances of being noticed in a competitive job market.

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Gunjika Vishwanath Misra (She/ Her) ??

On a mission to help every woman & girl become financially literate, secure & independentI National President-Home & Security Council, WICCI| Board Member, 7Even Consultancy| 20X LI TOP VOICE| TOP Person Ambassador
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To update a resume after being laid off in healthcare management, one should highlight key accomplishments and skills relevant to the industry. Start by updating the summary statement to reflect expertise and achievements. Emphasize leadership skills, project management experience, and any certifications or training received. Tailor each job description to showcase quantifiable results and contributions. Additionally, consider adding volunteer work, freelance projects, or ongoing education to demonstrate continuous learning and engagement in the field.

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3 Network Actively

Networking is a powerful tool in any job search, especially in healthcare management where connections can lead to opportunities that may not be advertised. Reach out to former colleagues, supervisors, and industry contacts. Attend professional events, join healthcare management forums online, and engage with your professional community. Let your network know you're seeking new opportunities and be open to informational interviews or casual coffee meetings.

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Steve Ditto

Healthcare Consultant | Patient Advocate | Helping employers, plans, advisers, legal, & health tech companies achieve Sound Compliance, Superior Benefits, Sustainable Savings, Satisfied Employees
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Early in my career I saw being laid off as a huge negative. I thought "Surely if you were adding value they would find a role for you?" As I gained experience and saw many companies go through cost cutting, merger integrations, preparation for selling, etc. it became clear layoff decisions are made with a hatchet not a scalpel. Be sure to network, let them know what happened (they will understand), tell them what you're looking for, and don't be shy about soliciting their recommendations or referrals to other people or potential opportunities.

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Angie Nordlie BSN, RN, CMRM, Co-Founder

Entrepreneurial Woman
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I’m a big believer in networking…you can meet people outside or inside of your work environment and have connections. You have to be genuine and think beyond your selfish intentions…being honest and true to your convictions will go a long way, no?

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4 Consider Options

Being laid off might provide an unexpected opportunity to consider a career pivot or further education. Reflect on your career goals and whether you want to continue in healthcare management or explore a different path within the healthcare industry. You might also consider pursuing additional certifications or training to enhance your skills and marketability. Sometimes, a layoff can be the catalyst for positive change in your career trajectory.

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5 Maintain Well-being

It's easy to overlook personal well-being during the stress of a job loss. However, maintaining both physical and mental health is crucial during this time. Exercise regularly, eat healthily, and ensure you get enough sleep. Consider mindfulness practices or counseling to manage stress. Taking care of yourself will help you stay focused and energized for your job search and any upcoming interviews.

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6 Volunteer Smartly

Volunteering can be a strategic move after a layoff. It allows you to keep your skills sharp, fill gaps in your resume, and make new professional connections. Look for volunteer opportunities that align with your career goals and can showcase your leadership and management skills. Not only does volunteering benefit the community, but it also demonstrates your commitment and passion for healthcare to potential employers.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What do you do if you're laid off in healthcare management?

1

2

3

4

5

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1 Assess Finances

2 Update Resume

3 Network Actively

4 Consider Options

5 Maintain Well-being

6 Volunteer Smartly

7 Here’s what else to consider

Healthcare Management

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What do you do if you're laid off in healthcare management?

1

2

3

4

5

6

7

1 Assess Finances

2 Update Resume

3 Network Actively

4 Consider Options

5 Maintain Well-being

6 Volunteer Smartly

7 Here’s what else to consider

Healthcare Management

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