Knowledge

Healthcare Staffing is Cheaper With an Internal Resource Pool

Healthcare Staffing is Cheaper With an Internal Resource Pool June 4, 2014 by Vickie Anenberg

An article published in the Journal of Health Care Finance two years ago put the cost of medical errors in the United States at $19.5 billion, and said that about 87 percent or $17 billion of that total was directly associated with additional medical costs such as ancillary services, prescription drug services and inpatient and outpatient care. As the link between these errors and shortages in healthcare staffing is well established, many organizations have begun to look to Internal Resource Pools (IRP) as a way to address the problem.

An IRP is a solution that is developed by a Managed Services Provider (MSP) for the healthcare organization. The MSP works with its client to create a group of healthcare professionals that can be called upon when shortages exist or are expected.

These staff members have agreed to fill in when necessary and are available when called upon. They have experience with the facilities where they will work, so they are immediately up to speed with how things are done and what is expected from them the moment they arrive.

An IRP saves healthcare providers money because it costs less than bringing in temporary staff, who typically make more per hour, on an as-needed basis.

To learn more about the advantages of an IRP and how it can help solve your healthcare staffing needs, contact Cross Country Staffing.