candidate direct healthcare staffing management

Healthcare Staffing Case Study #2

Competitive bill rates in VMS save healthcare employers on staffing spend

 

HEALTHCARE STAFFING CHALLENGE

One Candidate Direct healthcare employer thought they could drive the cost of staff down by increasing competition among pre-approved healthcare staffing agencies. To do this, they would activate the optional bill rate feature within our vendor staffing management software that affords staffing agencies the opportunity to submit bill rates for candidates below those posted by employers.

 

HOSPITAL STAFFING SOFTWARE SOLUTION

Initially, the hospital posted an opening for an occupational therapist (OT) in the VMS at $64 an hour. After multiple healthcare staffing agencies responded to the post, the hospital’s hiring manager chose an agency that submitted an OT candidate for $62 an hour- $2 less than the healthcare employer’s hourly cap for the position.  The therapist met all job description requirements, including documentation, and was available for work immediately.

Healthcare Staffing Case Study 2In this case, the hospital cost reduction was $6,000 (annualized) in on-boarding just one candidate via Candidate Direct web-based hospital staffing software. When utilized across multiple departments or units, optional bill rate can significantly impact payroll.

Competition is good for business.  Healthcare employers deploy ‘optional bill rate’ to trim healthcare staffing spend in highly competitive markets where agencies and candidates are in surplus.  

For employers operating in less competitive markets, where specialized caregivers are scare and limited agency touch prevails, Candidate Direct web-based vendor staffing management grants nationwide access to agencies with documented healthcare talent ready to travel. These candidates are often submitted at below posted bill rates, driving healthcare staffing costs down while at the same time streamlining the recruitment of hard-to-source nurses and therapists.

 

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Questions on how your organization can save money too? Contact us today

Call us at 800-585-1710 or click here to start today

 

 

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Healthcare Staffing - Employer Testimonial

We realized significant savings almost immediately. With our first FTE hired through Candidate Direct, we saved $6200. Candidate Direct gave us more candidates to choose from at more competitive rates. I wish all systems were this easy to use.

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