Managed Services & Analytics Program (MSAP) Three Ways to Control Contingent Workforce Costs in a Challenging Environment
3. Implement Flexible Talent Models Organizations need a customized staffing strategy to efficiently deploy their talent based on the numbers and types of staffing sources available, typically dictated by the demand variability. The staffing strategy should be layered with staff that can flex up or down as needed. Some healthcare systems are establishing their own staffing agencies and float pools to manage costs and control their flexible labor pools. Utilizing direct sourcing of resources and gig-workers are other ways health systems can fill their staffing needs. These strategies offer clinicians more flexibility and control over their work/life balance.
Internal Float Pools Internal float pool staff are employed full- or part-time and can work across several units and multiple hospitals within a health system. An internal float pool can help healthcare organizations manage a surge in patient volume or significant event response, or unexpected vacancies. Enterprise float pools are ideally layered over site-based pools to increase the nursing workforce’s flexibility.
Internal float pools offer key benefits such as:
A consistent and efficient staffing solution across multiple facilities, resulting in better patient outcomes, improved staff retention, and reduced staffing costs
Optimizes staffing levels, reduces the need for premium contract staffing, and ensures that all facilities have access to qualified and experienced nurses
A large pool of nurses to draw from to more efficiently meet staffing needs, even during high demand or unexpected staffing shortages
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