PTO Exchange Blog

PTO Exchange Partners with Ohio Hospital Association to Enhance Employee Benefits in Healthcare 

Written by Sam Lieberman | Mar 20, 2025

PTO Exchange Partners with Ohio Hospital Association to Enhance Employee Benefits in Healthcare 

In a strategic move to revolutionize employee benefits within the healthcare sector, PTO Exchange is proud to announce its new partnership with the Ohio Hospital Association (OHA). This collaboration aims to introduce OHA's member hospitals with an innovative solution to optimize paid time off (PTO) policies, thereby enhancing employee satisfaction and financial wellness. 

About the Ohio Hospital Association 

Established in 1915, the Ohio Hospital Association serves as the united voice of Ohio's 252 hospitals and 15 health systems. OHA collaborates with its members to promote a sustainable healthcare system, ensuring that Ohioans have access to high-quality hospital care in their communities. The association leverages data and expertise to influence health policy, drive quality improvement initiatives, and advocate for economic sustainability.   

About PTO Exchange 

PTO Exchange is a forward-thinking platform that empowers employees by enabling them to convert the value of their unused vacation time into resources that matter most to them. These options include retirement contributions, student loan payments, charitable donations, and more. By offering this flexibility, PTO Exchange enhances employee engagement and supports financial well-being.   

Addressing Challenges in Healthcare Employee Retention 

The healthcare industry faces significant challenges in attracting and retaining talent. Employees often prioritize benefits such as PTO, health insurance, and retirement savings plans. However, due to demanding schedules and staffing shortages, many healthcare workers are unable to utilize their earned PTO, leading to increased stress and potential burnout. This partnership addresses these issues by offering flexible benefits that cater to the diverse needs of healthcare professionals.  

Benefits of the Partnership 

For Healthcare Organizations: 

  • Reduce PTO Liability: By allowing employees to convert unused PTO, hospitals can reduce their financial liabilities associated with accrued leave.  
  • Enhanced Recruitment and Retention: Offering flexible PTO options makes healthcare organizations more attractive to current and prospective employees, thereby improving retention rates. 

For Healthcare Employees: 

  • Financial Flexibility: Employees can tailor their benefits to meet personal financial goals, such as paying down debt or increasing retirement savings. 
  • Increased Satisfaction: The ability to customize benefits enhances job satisfaction and overall well-being. 

Looking Ahead 

This partnership signifies a pivotal step toward modernizing employee benefits in the healthcare sector. By integrating PTO Exchange's innovative platform, OHA member hospitals are better equipped to meet the evolving needs of their workforce, ultimately leading to improved patient care and organizational success.  

For more information about this partnership and how it can benefit your organization, please visit the Ohio Hospital Association and PTO Exchange websites.