Prisma Health renews partnership with Prudential to oversee $1.3B in retirement assets
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Talent recruitment continues to be a significant challenge for health care organizations. In fact, more than 90% of hospital executives expect a talent shortage to affect their hospital’s ability to deliver high-quality care within the next decade.1 As the cost of medical school debt increases,2 health care organizations can attract more talent through customized benefits that will ease financial stress.
“Health care leaders are under immense pressure to both innovate within a highly regulated industry and attract top talent for success,” said
About Prudential Retirement
Prudential Retirement delivers retirement plan solutions for public, private, and nonprofit organizations. Services include defined contribution, defined benefit and nonqualified deferred compensation record keeping, administrative services, investment management, comprehensive employee education and communications, and trustee services, as well as a variety of products and strategies, including institutional investment and income products, pension risk transfer solutions and structured settlement services.
With more than 85 years of retirement experience, Prudential Retirement helps meet the needs of 4.4 million participants and annuitants. Prudential Retirement has
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1 “Beyond the
2 Medical Student Education: Debt, Costs and Loan Repayment Fact Card 2018.
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