Our Partner: Academic Medical Center With an International Reputation for Quality Medical Care & Research
The Situation
Our partner saw a significant increase in their overall travel nurse usage year over year. Specifically, an increase of 61% in one year. At the height, our partner was using 140+ travel RNs.
Our Results
In just 10 months, our partner has seen a decrease of 57% in the use of travelers. Today, our partner uses less than 60 travelers across the entire organization. The overall yearly savings in premium labor is $10.5+ million.
Key Partnership Value + Benefits
As their RPO partner, our client asked us to focus on efforts that would help them to reduce their travel nurse usage, ultimately decreasing their premium labor costs. Some of the key efforts Hueman leveraged to help decrease travel nurse usage included:
- Increased hiring days
- Working with our partner to create a Nurse Extern position that allows new nurses to work under a supervisor until they take their NCLEX and receive a nursing license
- Increased sign-on bonuses
- Increased hourly rates based on compensation analysis
