# As Seen In Modern Healthcare: Health Systems Turn to Clasp to Tackle Workforce Shortages

We’re thrilled to share that Clasp has been featured in _Modern Healthcare_ for our work helping health systems address two of today’s biggest challenges — the student debt crisis and critical workforce shortages.

The article spotlights leading systems like **OhioHealth, Novant Health, Boston Children’s Hospital, and Memorial Sloan Kettering Cancer Center**, which have collectively committed more than **$100 million** toward student loan repayments through their partnerships with Clasp. By integrating employer-sponsored repayment directly into recruitment, these organizations are building sustainable pipelines for hard-to-hire clinical roles — and creating meaningful financial relief for future employees.

The piece also highlights why this model is gaining traction:

- New federal tax laws have **capped lifetime borrowing** and narrowed repayment plans, making alternative financing solutions more important than ever.
- Incremental repayment programs, like Clasp’s, provide a **cost-effective, tax-advantaged alternative** to traditional lump-sum sign-on bonuses.
- Early pilots are already showing results — Novant Health exceeded its recruitment goals by 130% in just the first few months of its program.

> _“This is the exact moment in time we’ve been planning for,”_ said Tess Michaels, Clasp Founder & CEO.

Read the full feature in _Modern Healthcare_ here: [**Health systems find a partner to help recruit employees →**](https://www.modernhealthcare.com/providers/staffing/mh-clasp-ohionhealth-novant-student-loans/#)