WEBVTT

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Hello, I'm Surya Kolluri,

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Head of the TIAA Institute.

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America's health care system
is facing a convergence

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of urgent challenges
that demand bold and collaborative action.

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Today, over 56
million Americans are over age 65.

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And by 2050, that number will
grow by nearly 50%.

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As our population ages,
the demand for care

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is outpacing our supply
of health care workers.

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Meanwhile, rising
labor costs are straining hospital

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finances, with revenues
unable to keep pace with what

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Fitch Ratings called the worst year
ever for nonprofit hospitals.

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At TIAA, we believe creating a
sustainable health care system

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requires expanding the equation
through three key strategies.

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First, cultivating new talent pipelines

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through academic and
community partnerships.

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We do need to create innovative
pathways into healthcare careers.

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Second, enhancing the employee value
proposition beyond salary and wages.

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We must create workplaces that address
what healthcare workers truly value.

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Third, embracing productivity innovations
AI and telehealth technologies

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could save nurses up to 15% of their time,

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allowing them to focus on
what matters most, which is patient care.

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So this approach mirrors our work
at the TIAA Institute on longevity fitness,

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where we examine the interconnections
between physical, cognitive,

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financial and social
dimensions of aging well.

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To learn more about our research
on sustainable health care, longevity fitness

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and also this topic of
employee value proposition.

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Please visit us at TIAAInstitute.org.