Many health systems are in dire need of contingent workforce management services. When spend is high and hiring decisions are decentralized and inefficient, this can cause significant budgetary constraints.
For a dominant Northern California health system, RightSourcing generated $7.1 million in savings and program value over two years, managing more than 2,700 contingent workers across 24 acute care hospitals and more than 2,000 clinics. This cost savings was gained through a strategic approach to contingent workforce management. RightSourcing achieved 100% supplier adoption, including highly sensitive EPIC and IT suppliers during the largest electronic medical records launch in the country.
RightSourcing was able to reduce existing supplier bill rates by 10 percent for tenured IT workers and identified $1 million in billing discrepancies for legacy workers. Rates for new workers are averaging 15 percent savings through competitive bid and negotiations.
The health system moved from a primary staffing model to RightSourcing for clinical MSP/VMS services, after a rigorous year-long search. Based on the success of RightSourcing’s vendor-neutral model, executive leadership made the decision to award RightSourcing the sole MSP/VMS provider for all of its clinical staffing spend.
To find out how your health system can similarly reduce hiring costs with contingent workforce management services, contact RightSourcing for a free workforce analysis.