Strengthening the Healthcare Workforce: RightSourcing’s Impact on Staffing Efficiency and Cost Savings
The healthcare organization encountered several challenges in its staffing processes, which affected its ability to meet patient care demands efficiently. Read the case study to learn how RightSourcing addressed its challenges with RightSourcing MSP, VMS, Direct Sourcing and Compliance Tracking.
$362K in Bill Rate
Savings
11.2 Days Improved
Time-to-Fill
$1.4M in Direct Sourcing Savings
Get to Know the Organization
A prominent not-for-profit healthcare organization spanning multiple states dedicates its business to creating healthier communities through innovation and compassionate care delivery across its extensive network of hospitals and care facilities.
Business Challenges
- Talent Acquisition: Difficulty in sourcing skilled talent in a timely manner, leading to staffing gaps and potential disruptions in care.
- Cost Control: High spending on contingent labor, compounded by limited insight into overall labor expenditures.
- Transparency: A lack of visibility into labor spend and resource allocation complicated budget management.
- Leverage: Problems negotiating favorable terms with staffing suppliers, impacting cost optimization.
- Flexibility: The need for a strategic partner capable of adapting to evolving priorities and long-term goals.
Key Business Outcomes
- Achieved a 15% reduction in average RN bill rate.
- Realized negotiated bill rate savings of $362,000.
- Internal agency savings amounted to $1.4M.
- Time-to-Fill reduced to an impressive 11.2 days.
- Improved visibility into labor spend and resource allocation.
"RightSourcing plays a critical role in our business operations. Their team prioritizes filling our internal contractor positions as part of our cost-saving and quality improvement strategy. Contractors sourced through RightSourcing are deployed into critical positions as we continue to source full-time employees."
Contract Labor Manager
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