The U.S. healthcare system is going to have to replace approximately 555,100 nurses through 2022 just to replace nurse attrition, according to estimates from the American Nurses Association. That’s in addition to the 574,400 new nurses that will be required to adequately care for aging boomers and additional patients as a result of the Affordable Care Act. The ANA recommends federal action on a number of fronts including funding for nursing education to help in meeting the demand. Currently, nursing schools are turning away qualified applicants due to lack of nursing faculty and teaching facilities. In the meantime, many hospitals and their healthcare staffing agencies are scrambling to source qualified medical professionals to fill open positions as well as prepare a talent pipeline for the future. Sue Higgins, Product Development Manager at StayStaffed and Candidate Direct, has the solution to help hospitals and healthcare staffing agencies stay ahead of the game in a rapidly changing environment, “Our clients have been able to avoid many of the problems that others’ are experiencing in a rapidly changing healthcare environment. By using our vendor management system (VMS), clients gain access to the Candidate Direct Marketplace®, a national database of 400+ healthcare [+]

Of the 120 healthcare executives participating in a recent nurse staffing study, * 63 percent ranked quality as the number one reason they planned to hire more travel nurses and temporary labor in 2011.  Number two and three reasons were the immediate availability of travel nurses resulting in fast time to fill rates, and the reduction of non-productivity costs associated with hiring permanent staff, such as recruiting, payroll, benefits administration and others. BOCA RATON, FL July, 2011 – Effectively blending travel nurses and contingent workers with permanent staff can save healthcare employers up to 13 percent on staffing costs. Though during tough economic times hospitals may limit the use of travelers and temporary workers as a means of cutting costs, vendor staffing experts at Candidate Direct say doing so can have the opposite effect: too few travelers can increase staffing costs and reduce nurse efficiency. Last year alone, almost 90 percent of contingent staff users said costs would rise if they eliminated the use of temporary workers.  By increasing the ratio of travel nurses to permanent nurse staff hospitals can reduce costly overtime, health benefits, payroll taxes, pensions and paid time off. "With economic uncertainty on the horizon, investing in permanent staff [+]

Or will hospitals leverage healthcare staffing technologies in favor of the bottom line? With third-party payor reimbursements dropping below sustainable levels and healthcare reform shrinking Medicare and Medicaid, hospitals will find profits harder to come by. For some, better managing staffing agencies and using data to drive staffing decisions will do the trick. For others, outsourcing workforce management functions or re-evaluating managed care contracts will be sufficient to reign-in cost centers and boost profits. hospital staffing softwareStaffing, a healthcare employer's single largest expense, is probably where hospital cost reductions can affect profits most quickly. Patient census data and the benchmarking of hours worked per case allow for the flexible and accurate scheduling of part timers and travelers. This reduces staff down time, heightens productivity during peak times and is critical to not over or under staffing facilities, both of which adversely impact profits. Tightening vendor policies and diligently tracking the performance of staffing agencies can also improve the look of a P&L. Narrowing vendor relationships to only top performers and holding agencies accountable to competitive bill rates and timely submission of documents will save staffing managers time, money and aggravation; savings that can be converted to [+]

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