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Rao Wealth Partners is an independent firm with securities offered through Summit Brokerage Services, Inc., member FINRA and SIPC. Advisory services are offered through Summit Financial Group, Inc., a registered investment advisor. Summit is an independent broker-dealer with client assets held at First Clearing, LLC (a wholly owned Wells Fargo subsidiary). Summit and its affiliates are under separate ownership from any other named entity. You can name every bone in the body, but you can't name a single investment in your retirement account. It's time for a change. (212) 257-5794 www.raowp.com Individual Stock Selection | Corporate Retirement Accounts | Educational Savings Plans T H E C O V I D -19 PA N D E M I C ha s strained many working parents, espe- cially mothers, to the limit, partly due to the challenge of finding child care. The 2020 Kaiser Family Foundation Women's Health Survey found that, among mothers who quit a job due to a pandemic-related issue, 51% did so because COVID-19 led their child's school or day care center to close. Bright Horizons Family Solutions, which operates more than 1,000 child care centers across the globe, reports that hea lth systems could reduce turnover among working parents by up to 60% by offering on-site child care. Some organizations are doing just that. SOLVING THE DAY CARE DILEMMA At some health systems, child care is a key employee benefit. Writing for Healthcare Dive, Hailey Mensik repor ted t hat G eorg ia's Wel lsta r Hea lth System has three employee child care centers, and Mass General Brigham in Boston is home to four. "Our ta lent acquisition team has found severa l things that are kind of those sweet spots for potentia l can- didates, and child care and child care resources are a huge benefit for folks," Penny Ferrell, Executive Director of Employee Wellness and Work-Life Services for Wellstar, told Mensik. Sma ll hospita ls may have to get creative to help w it h employees' childcare cha llenges. For example, Su m m it Pa ci f ic Med ica l Center, a c r i t i c a l a c c e s s h o s p i t a l i n Washing ton state, pa r tnered with loca l sta keholders to bring a new child care center, slated to open later this year, to its community, accord- ing to reporting by Joy Borkholder for Crosscut. n Health Systems' Child Care Carrot BY THOMAS CROCKER FACING A L ABOR SHORTAGE, HE ALTH ORGANIZ ATIONS SEEK TO AT TR ACT AND RE TAIN WORKERS BY OFFERING SOLUTIONS TO ONE OF THEIR BIGGEST FINANCIAL PAIN POINTS: CHILD CARE. M D N E W S . C O M /// M D N E W S L O N G I S L A N D ■ 2 0 2 2 P R A C T I C E M A N A G E M E N T ❰❰❰❰❰ 1 1