Category: Trending Topics

Healthcare Workforce Solutions Trending Topics

How a Vendor-Neutral Managed Service Provider Saved a Health Network $15 Million

I recently shared insights with HFMA’s Healthcare Cost Containment about the cost-saving benefits and increased efficiencies associated with a vendor-neutral Managed Service Provider (MSP); specifically in health systems. A lack of efficiency is often to blame for runaway labor costs. But efficiency is not solely about encouraging workers to perform at higher levels. Efficiency also includes… Read more »

Revamp Your Contingent Workforce Management for 2017

In 2016, more health systems used contingent labor than ever before.  Approximately 83% of hospitals reported having contingent workforce programs, an increase of 41% from 2015.  In 2017, this shows no sign of slowing.  As health systems continue to struggle with low reimbursements, changing regulations, and shifting care based models, contingent workforce management will become… Read more »

The Case for Small Data in Healthcare Contingent Labor Programs

healthcare-contingent-labor-data

For several years, human resources technology and talent management software have experienced a renaissance in strategic analytics.  These platforms have focused on integrating what has been called Big Data, offering macro views of talent acquisition and management.  As healthcare expands its talent pool and increases their engagement of contingent labor, strategic analytics have become critical… Read more »

Predicting Contingent Workforce Trends in 2017

Vendor Neutral MSP

With 2017 right around the corner, it’s time to look to the future of healthcare contingent workforce management. In 2016, we observed a significant increase in the use of contingent labor, with 83% of hospitals reporting they were now using contingent labor.  This marked an increase of 41% from 2015.  With this increase, new workforce… Read more »

How Can a Healthcare MSP Take Risk Off the Balance Sheet?

healthcare-msp-risk

Becker Hospital Review’s recent CEO + CFO Roundtable offered perspectives on a persistent theme- how can a health system take risk off the balance sheet?  Leaders gathered to discuss best practices and innovative approaches towards mitigating risk in a changing environment.  One such consideration offered was that outsourcing contingent workforce management to a healthcare MSP… Read more »

Champion Diversity in Your Contingent Labor Program

contingent labor program

Employers have long realized the benefits of diversity in their workplace.  Gallup reports that diverse teams are 35% more productive and produce 58% greater revenue than teams that are more homogenous.  However, healthcare has an even greater purpose- to develop diverse workforces that are more nuanced in cultural and gender sensitivity in order to provide… Read more »

How Can a Healthcare MSP Future Proof Your Workforce?

healthcare MSP future proof

According to the U.S. Bureau of Labor Statistics, approximately 10% of the American workforce will soon be eligible for retirement.  This is troubling news for any organization, but particularly in healthcare, which is facing a serious skills gap.  Look around your health system- can you afford to lose 10% of your valued workforce? Turn to… Read more »

Improve Your Candidate Experience with an MSP Partner

Healthcare MSP - Non-Clinical Staffing

In the war for talent, demand for healthcare candidates outpaces supply 2 to 1.  Much of the reason why a candidate chooses one health system over another depends largely upon the candidate experience. This is true both in traditional healthcare hiring and in contingent labor programs.  Yet, often health systems forget about the candidate experience… Read more »

Improve Onboarding with a Managed Service Provider

onboarding-managed-service-provider

In a recent survey put out by Staffing Industry Analysts, healthcare credentialing was found to take longer than five to six weeks to verify credentials.  A basic part of the candidate onboarding process, verifying credentialing ensures that the contingent worker or full time employee possesses the necessary skills and training to render superior patient care. … Read more »