Recently, while visiting a loved one in a palliative care unit at a local Nashville hospital, I had a conversation with a dedicated nurse that opened my eyes to the challenges faced by healthcare professionals. This nurse, passionate about helping those in need, candidly shared the stress that had begun to wear on her. As we delved into the heart of the matter, she pointed to staffing as her primary concern. Her experience shed light on a critical issue affecting hospitals nationwide ..read more

In the dynamic landscape of healthcare staffing, the last decade has witnessed a remarkable transformation, largely propelled by the expansion and execution of the Managed Service Provider (MSP). This evolution has not only brought about unprecedented opportunities for staffing agencies but has also revolutionized the way healthcare institutions are connected to contract labor ..read more

Traveling around through various associations and conferences, I hear the same refrain; “we’re going to eliminate travelers and contract labor”. That sound like music to the CFO’s ears, but is it be realistic? In some cases, a laser like focus on staffing models can have that impact. However, the $63B in temp staffing nationwide presents a different picture ..read more

As governmental funding for pandemic staffing has wound down, the bottom line for hospitals has taken a serious hit. Organizations with the highest labor costs during 2022 spent an average of $465M1. Large organizations such as Kaiser Permanente and Banner Health1took a serious hit during that period of explosive staffing costs ..read more

Let’s be honest, future healthcare provider financial projections are not pretty. Drastically reducing the highest top line costs to secure future financial solvency is key, and temporary staffing is ostensibly the item zero in on ..read more

Managed Service Providers (MSP) utilizing Vendor Management Systems (VMS) or Workforce Management Systems have been a part of U.S. commerce for decades, starting with Ford Motor Company and moving across all market verticals ..read more

As the pandemic has begun to wane, lingering questions remain. Not the least of which is how much worse staffing shortages became during this period, while the largest healthcare staffing firms enjoyed record breaking profits ..read more

Healthcare is home to ~9% of the total market share of the U.S. temporary staffing industry. Over the past few years, the role of managed services providers (MSP) has gained majority share of this system of temporary personnel delivery. What was once a pure technology solution, this model has become a tool for the largest staffing entities to control, and mandate terms for, candidate demand across the nation ..read more

If your hospital system is using travel nurses, it is very likely you are using technology called “VMS” or (Vendor Management Solution). The entities that use this technology are called “MSPs”, (Managed Service Providers). Although these tools have been used for decades in non-clinical settings, they didn’t appear in great numbers until the early 2000’s. Since healthcare contract staffing has historically been less than 10% of the total temporary industry, nationwide changes have dramatically increased these percentages. VMS technology is where a majority of the current travel nurse assignmen ..read more

How can hospitals hold on to nurses, bring new ones into the fold, and fend off extreme staffing shortages ..read more