Three Workforce Solutions to Reduce Costs of Contingent Healthcare Staffing White Paper

August 17, 2018

MSP + VMS Reduce Cost White Paper

Throughout the nation, healthcare executives face crisis conditions in the growing shortages of healthcare practitioners, rising reimbursement and regulatory pressures, and an increasingly competitive marketplace. A critical part of the solution to workforce budgeting challenges is optimizing contingent staff to reduce costs, make spending more predictable, relieve management pressures, and improve patient care.

In response to the increased utilization of contingent practitioners throughout the healthcare industry, three healthcare workforce solutions are available today that can significantly simplify the entire sourcing and talent management process: Vendor Management Systems (VMS) and two distinct types of Managed Services Programs (MSP).

This report examines the three solutions that provide organizations with multiple benefits:

  • Cost savings
  • Greater efficiency
  • Quality improvement
  • Risk mitigation

The challenge for executives is to decide which tools and programs provide the most appropriate solution for their organization.

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