Increasing productivity at a hospital is no small undertaking - especially given the current physician shortage impacting the healthcare industry. If there are too few clinicians available to treat patients, morale sinks, which negatively impacts productivity. But if the supply of clinicians exceeds demand, the resulting inefficiency can erode already-thin profit margins.
Across all types of healthcare organizations, clinician vacancies have both direct and indirect costs. For hospitals and medical practices, physician vacancies can impact a variety of areas, including revenue, patient experience, quality of care and more. In this post, we will explore all the direct and indirect costs of these vacancies in depth.
One of the most difficult tasks hospitals and other healthcare facilities face is staff management. Proper staffing is essential to ensure that the hospital operates smoothly and that all patients have a positive experience. Because staffing can be so complex and involves so many diverse challenges, many facilities struggle to find an efficient and effective way to manage contingency staff, provide continuity of care, maintain a positive patient experience and drive bottom-line growth. In this article, we discuss two types of staffing technologies that can help with these tasks: VMS and MSP. Most healthcare facilities will find that one or both of these solutions reduce problems with contingency staff management.
Cold and flu season puts a strain on every organization that requires staff in order to operate. Hospital and healthcare facilities feel this strain more than most. Sick healthcare workers are not only less efficient than well ones, but can also put vulnerable patients at risk.
Hospitals and other healthcare facilities face a variety of staffing challenges. As a result of an ongoing physician shortage, the market for the best talent has become increasingly more competitive. Other staffing challenges include difficulty in filling job vacancies, expansions, and mergers. Staffing challenges may impact healthcare facilities in many different ways, leading to lost revenue, a higher workload for existing staff members, poor patient experiences and more. Below are some strategies that hospitals and other healthcare facilities can use to overcome staffing challenges and boost profitability.
Your healthcare facility, physicians, and patients all rely on the establishment of a workforce optimization strategy.
Through this planning process, it is possible to ensure you always have optimal staff numbers needed to run your facility and care for your patients.
If you fail to pay attention to the workforce needs of your healthcare system, your daily operations could grind to a halt. Once that happens, many repercussions could arise, threatening the health of your high-performance organization.
The Numbers Don't Lie
Locum tenens can help maintain your continuity of coverage while preserving your revenue stream.
- 94% of healthcare facility managers hired locum tenens providers, including NPs and PAs, within the past year
- 80% of healthcare facility managers rate locum tenens providers as worth the cost
- 75% of healthcare facility managers use locum tenens providers during permanent search or to address turnover
- 50% of healthcare facility recruiters' time is spent on the management and utilization of locum tenens providers while performing a permanent search
- 10% of healthcare facility managers use locum tenens conversions to fill full-time openings
As an in-house recruiter, your organization relies on you to find candidates that meet certain qualifications and match your practice culture. On the national landscape, recruiters report a continued increase in the number of open requisitions each year. The mounting openings to a large degree are due to increased patient panels, augmented service markets (a byproduct of mergers and acquisitions), physician turnover and a growing population of retiring physicians. Pressured timelines combined with a highly competitive staffing market, shallow candidate pools and candidate ghosting*, for many of us have sprouted a gray hair or two. Our hope is to provide renewed awareness on approaches and insight that will contribute to your continued success. With more than 50 years of collective recruitment experience, we have unveiled five key points to help you recruit more physicians now!
5 Questions You Need to Ask…
Recruiting provider talent remains a huge challenge for healthcare systems, both large and small. The recruitment process can be laborious: reviewing CVs, coordinating interviews and site visits for candidates, and negotiating contracts and salaries are time consuming, often leaving departments short-staffed and disrupting revenue streams. That's why more and more healthcare groups are partnering with staffing companies, which can provide provider coverage in the interim, allowing recruiters the time to find the right providers for their organization.
Here's what you need to consider:
With the arrival of summer comes vacations and the need for staffing openings to be temporarily filled. Preparation for these openings will help smooth the transition for you and your staff.
Prepare for the Toughest Time of Year
Summer can be the toughest time of year for your private practice or facility. Vacations and time off are coveted during this time, which is great for providers who are afforded the opportunity to get away and relax with the family. But this can put pressure on your facility or medical practice and other staff members covering for providers during the absences. One choice is to lower the number of patients being seen. But this can significantly affect your bottom line. Consider the following remedies to beat your summertime staffing demand.
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At VISTA we’re dedicated to being our clients’ strategic workforce optimization partner. With our deep industry expertise and exclusive locums MSP technology, we help health systems, hospitals, practices and government entities build and sustain effective workforce models that ensure patient access to care and organizational stability. Covering more than 60 specialties, we staff physicians, nurse practitioners and physician assistants to help our clients preserve revenue and maintain profitability.