In the current landscape, healthcare staffing is big business for agencies with the right tools to fill providers' needs. According to data from Grand View Research, the healthcare staffing market is on track to reach a value of more than $43 billion by 2025, experiencing a 5.4 percent CAGR along the way.
For staffing agencies, this means they have their work cut out for them. A growing industry sector translates to increased competition, and it's important that staffing agency leaders ensure their tools, capabilities and services match current healthcare requirements.
"The healthcare staffing market is on track to reach a value of more than $43 billion by 2025."
So what, exactly, are healthcare providers seeking from their staffing partners? Let's take a look:
1) Transparency in finding qualified candidates
It should go without saying that healthcare providers are looking for agencies that can provide them with a pool of talented and qualified job candidates – after all, that's the whole point of the partnership in the first place. However, the best staffing agencies build on this need with tools that bring transparency to the process, and help healthcare providers understand how the agency finds and ensures candidates will match their needs. As Nexus IT Group pointed out, while it's difficult to be 100 percent transparent with recruitment and hiring techniques, being able to support candidate matching with visual and intelligent tools is a considerable boon.
In this case, a VMS that offers intelligent job capturing and candidate matching can make all the difference, enabling staffing agencies to quickly fill open jobs with suitable employees.
2) Streamlined yet flexible payroll and invoicing
Once talent is in place, healthcare providers must be able to support workers with the knowledge that they'll be paid for their effort efficiently and on-time. In this way, a staffing agency that can provide simple, yet unique payment options (including, for example, cash cards as opposed to paper checks) will be the most advantageous partners for today's healthcare institutions.
At the same time, though, streamlined payroll and invoicing processes can be easier said than done. Elements including the ability to capture time and attendance – which can vary greatly from facility to facility – and to accurately and correctly issue payment to employees can be difficult to manage.
Thankfully, best in class VMS solutions can greatly benefit this process by enabling time and attendance capturing, through an on-board log or through photo uploads of time sheets. In addition, client-accessible portals ensure that payroll and invoicing is efficient and accurate every time.
3) Robust credential management
In the healthcare sector, this is absolutely key — providers must ensure that their staffing agency partners are properly and adequately vetting employee credentials, according to Joint Commission standards.
This means staffing agencies need a solution that can support in-depth credential management, and can provide tools to ensure that time-sensitive documents are appropriately tracked and upgraded.
Staffing agencies must be able to offer healthcare providers optimal tools and capabilities to meet their needs. These features – and many more – are included in BlueSky's innovative Medical Staffing Software. Reach out to us today for a free demo to learn how BlueSky can support your staffing agency and its healthcare industry partners.
