AHSA Saves Client $13M in Annual Contingent Labor Costs
AHSA partnered with a 3,412 bed hospital system in the Upper Midwest U.S. to improve their contingent workforce management process. The partnership led to the development of an innovative system that reduced the amount of time spent on administrative tasks and enabled staff to focus on delivering high-quality patient care. The new system introduced workflow automation into the client’s ecosystem, which streamlined the hiring process and allowed for better communication between AHSA, the healthcare system, and approved staffing firms. As a result, AHSA was able to reduce annual contingent spend by more than $13 million and reduce the number of open contract positions by 81%. Additionally, AHSA focused on improving the staffing experience, making it easier for staff to find and apply for job opportunities with the best-in-class Vendor Management System, Trio VMS. Overall, the partnership between AHSA and the client resulted in improved efficiencies and tremendous cost savings for the healthcare system, while simultaneously improving the staffing experience for healthcare professionals.
Read the full case study here: https://ahsa.com/reducing-annual-contingent-spend/
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“After experiencing a year-and-a-half decline in nursing order volume and bill rates, the first quarter of 2024 data indicates a plateau in these metrics. Average monthly bill rate amounts in nursing have decreased significantly, dropping from …” – Fill out the form to download the full report
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“After experiencing all-time highs over the past few years, the Nursing and Allied Demand Index has shown a normalization in monthly new open orders and average bill rates through the start of 2024. Current trends for nursing positions show weekly new open orders range between 2,000 and 4,000, with recent bill rates averaging $80 to $84. The highest recent weekly rate was…” – Fill out the form to download the full report
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“Over the past four years, the Nursing & Allied Demand Index has seen significant fluctuations. Monthly open orders peaked in early 2021 and stabilized toward the end of 2023, averaging around 19,602. Average monthly bill rates have trended downward from 2020 to 2024, now stabilizing in the low-to-mid $80’s for both nursing and allied positions, with the highest rates observed in early …” – Fill out the form to download the full report
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Is your healthcare organization looking for similar results? Contact AHSA today to get started.
Connect With AHSA
Is your healthcare organization looking for similar results? Contact AHSA today to get started.
