ShiftMed Enhances Hospital Workforce Efficiency Through Internal Float Pool Initiatives
ShiftMed, a leading provider of healthcare workforce technology, has recently announced remarkable outcomes following the rollout of its innovative ShiftMed Flex software. The platform has shown a dramatic uptick in the participation of internal nurses within healthcare systems, effectively doubling the number of shifts nurses are willing to cover. Before the introduction of the Flex platform, these nurses typically picked up an average of four shifts per month. Post-implementation, that number escalated to eight shifts per month, indicating a substantial enhancement in workforce engagement.
The Flex platform utilizes advanced AI algorithms to match the availability of nurses with open shifts across the healthcare system. This intelligent routing technology allows hospitals to fill shifts primarily with internal staff before resorting to float pool nurses or contract labor. By focusing on their own workforce, hospitals help to cultivate a more stable and committed team atmosphere, which is increasingly important in today’s ever-evolving healthcare landscape.
One of the primary challenges facing healthcare facilities is workforce instability, a situation exacerbated by an overreliance on travel nurses. This reliance can undermine the culture within hospital teams and potentially impact the quality of care. ShiftMed’s technology addresses these significant challenges by strengthening internal capabilities and optimizing workforce management strategies. By prioritizing internal personnel, hospitals can not only contain costs but also enhance operational efficiency. According to Todd Walrath, CEO of ShiftMed, "The rising expenses associated with travel and contracted workers necessitate a shift toward a stronger internal float pool. While such expenses were once unavoidable, the current scenario allows hospitals to make more economical and strategic workforce decisions."
The ShiftMed platform integrates smoothly with existing healthcare systems, simplifying the management of shifts. Consequently, float pool nurses experience the opportunity to work more shifts than ever before, effectively doubling their monthly participation. With a reported average savings of $300 per shift for hospitals utilizing ShiftMed, the financial benefits are clear. Additionally, this technology fosters a sense of unity among hospital teams, reducing the need for costlier travel nurses.
In 2024, the impact of the ShiftMed platform became evident, with over 8,300 nurses transitioning from float pool roles to full-time positions as a result of its implementation. This notable statistic demonstrates not only the efficacy of the ShiftMed model but also the platform's success in cultivating a fulfilling work environment where nursing professionals can thrive.
ShiftMed remains a transformative force in healthcare workforce management, enabling hospitals to optimize staff resources, achieve cost reductions, and improve overall employee satisfaction. To discover more about the solutions offered by ShiftMed, head over to www.shiftmed.com.
About ShiftMed
ShiftMed provides on-demand and flexible staffing platform solutions for healthcare providers, empowering them to develop internal staffing capabilities in various medical settings, such as Acute, Post-Acute, and Surgical environments. By emphasizing the importance of internal teams, hospital leaders can enjoy greater flexibility while minimizing reliance on external staffing options, including the costly use of travel and contractual labor. ShiftMed stands out in the industry by implementing the largest number of float pool resources, helping hospital systems save over $250 million annually on contract labor.
The Flex platform utilizes advanced AI algorithms to match the availability of nurses with open shifts across the healthcare system. This intelligent routing technology allows hospitals to fill shifts primarily with internal staff before resorting to float pool nurses or contract labor. By focusing on their own workforce, hospitals help to cultivate a more stable and committed team atmosphere, which is increasingly important in today’s ever-evolving healthcare landscape.
One of the primary challenges facing healthcare facilities is workforce instability, a situation exacerbated by an overreliance on travel nurses. This reliance can undermine the culture within hospital teams and potentially impact the quality of care. ShiftMed’s technology addresses these significant challenges by strengthening internal capabilities and optimizing workforce management strategies. By prioritizing internal personnel, hospitals can not only contain costs but also enhance operational efficiency. According to Todd Walrath, CEO of ShiftMed, "The rising expenses associated with travel and contracted workers necessitate a shift toward a stronger internal float pool. While such expenses were once unavoidable, the current scenario allows hospitals to make more economical and strategic workforce decisions."
The ShiftMed platform integrates smoothly with existing healthcare systems, simplifying the management of shifts. Consequently, float pool nurses experience the opportunity to work more shifts than ever before, effectively doubling their monthly participation. With a reported average savings of $300 per shift for hospitals utilizing ShiftMed, the financial benefits are clear. Additionally, this technology fosters a sense of unity among hospital teams, reducing the need for costlier travel nurses.
In 2024, the impact of the ShiftMed platform became evident, with over 8,300 nurses transitioning from float pool roles to full-time positions as a result of its implementation. This notable statistic demonstrates not only the efficacy of the ShiftMed model but also the platform's success in cultivating a fulfilling work environment where nursing professionals can thrive.
ShiftMed remains a transformative force in healthcare workforce management, enabling hospitals to optimize staff resources, achieve cost reductions, and improve overall employee satisfaction. To discover more about the solutions offered by ShiftMed, head over to www.shiftmed.com.
About ShiftMed
ShiftMed provides on-demand and flexible staffing platform solutions for healthcare providers, empowering them to develop internal staffing capabilities in various medical settings, such as Acute, Post-Acute, and Surgical environments. By emphasizing the importance of internal teams, hospital leaders can enjoy greater flexibility while minimizing reliance on external staffing options, including the costly use of travel and contractual labor. ShiftMed stands out in the industry by implementing the largest number of float pool resources, helping hospital systems save over $250 million annually on contract labor.
Topics Health）
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