HOSPITAL GOALS
- Gain visibility and control over staffing costs, quality, and fill rates
- Eliminate data silos and inefficient manual processes
- Lower fees by directly sourcing contingent talent at lower cost
- Empower hiring leaders to be more in control of the hiring and extension process
- Create transparency in the source to fee process
Results
- $1.25M cost savings
- 45% decrease in time to hire
- 8.9 days time-to-hire
- 100% fill rate within 3 weeks of the request date
- 1:1 submittal to offer ratio
- 82% retention rate
- doubled float pool capacity
With contract spending at record levels, hospitals must invest in technology solutions to better self-manage and optimize their contingent staffing programs. The Works Vendor Management solution gives health systems full visibility across all suppliers, a true understanding of real market rates, and the ability to streamline all source-to-pay processes in one place so hospitals can maximize fill rates and reduce costs.
Real Life Results
For a top 1000+ bed pediatric hospital, moving from a managed services model to a direct sourcing model leveraging Works vendor management technology resulted in doubling their float pool capacity, decreasing their time to hire by 45% to an average of 8.9 days, and $1,250,000 in cost savings within 12 months of implementation.
TRANSFORMATIONAL CHANGES :
Replaced their Managed Service Provider with Works direct sourcing and Flex technology to manage source to hire for ALL clinical nursing units including the Emergency Center, Women’s Health, Critical Care, and Acute Care.
Why Works
Works offers a user-friendly, mobile solution for managing contingent labor sources (including internal and external) in one place. Developed by Trusted Health, the industry’s leading solution for tech-enabled direct sourcing, Works can be implemented within 2-4 weeks, and comes with white-glove support that enables hospitals to truly understand staffing costs and optimize their contingent staffing program as part of a broader workforce strategy from day one.
