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How to Address Rate Volatility and Hire Enough Nurses

How to Address Rate Volatility and Hire Enough Nurses

Today’s labor market for nurses and other clinical providers is undergoing extreme strain. Health systems are facing unprecedented volatility in clinical rates, increased nurse turnover due to COVID-19, fallout from workers refusing vaccine mandates, and more. To answer these issues, health systems are innovating and adapting in all kinds of smart ways, including matching their …

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Health Tech Boom- EHP Aligns With Hallmark Health Care Solutions

The last year revealed the challenges within the health care industry and drew investors’ attention to companies with technology solutions that promise to make it more efficient and effective. Motivated by the labor challenges surrounding the nationwide nursing shortage and finding a way to automate physician compensation administration, a private equity firm, Enhanced Healthcare Partners invested in Hallmark Health …

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Keep Your Float Pool Afloat: How Not to Get in the Way of Your Float Pool’s Success

Even before the pandemic, a looming shortage of nurses was threatening the healthcare sector. According to the U.S. Bureau of Labor Statistics, the U.S. needs to add 1.1 million new Registered Nurses by 2022 to avoid a shortfall. Given the number of nurses retiring, a lack of educational options for entering the workforce, and a …

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Hiring the Nurses You Need

Hiring the Nurses You Need: Making the Impossible Possible

Hospitals and health systems alike struggle with the inefficiencies and high costs related to sourcing contingent and contract nursing staff. To solve this problem, organizations must first exhaust all possible internal resources through their nurse float pool before resorting to premium labor. Then, for what contract labor remains, the organization must be able to control …

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