A recent Healthcare Finance article ties hospitals’ dependence on contract labor to increasing costs, according to data published by Syntellis and the American Hospital Association.
“Contract labor expense as a percent of total labor expense increased 178.6%,” the article says. “Total contract labor expense skyrocketed 257.9% over the three-year period [2019 to 2022].”
With these alarming trends in mind, Prolink is committed to helping clients manage dependence and spend on contingent labor over time. By partnering with Prolink, hospital systems can take advantage of proprietary data analytics to help pinpoint and eliminate overspending on contingent labor. We have saved clients as much as 40% on their contingent labor spend.
One of the most effective ways to reduce contingent labor costs is by improving talent retention. That’s why Prolink focuses on training and retaining emerging nursing leaders through exclusive development programs. Prolink prioritizes clients’ long-term success by helping them retain top permanent talent with an employee experience that’s second-to-none.
Want to know more? Get in touch and learn how Prolink can help you save on contingent labor.
Click below to read the entire article via Healthcare Finance.
