Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP,...

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Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director Chad Henderson, Product Director, Contract Labor Optimizer

Transcript of Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP,...

Page 1: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Contract Labor Optimizer

Melanie Bell, MSN, RN, CNEP, Senior Workforce Director Chad Henderson, Product Director, Contract Labor Optimizer

Page 2: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Learning objectives

• Managing the complexity of temporary labor usage –Common needs and unique challenges

• Learn about our comprehensive solution • Look behind the curtain on Contract Labor Optimizer technology • Explore best practices

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Page 3: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Common needs that our members struggle with everyday • Developing a system-wide and/or standardized

temporary labor usage model • Finding qualified temporary staff • Temporary staff being nimble enough to flex from

unit to unit based on member needs • Procuring temporary staff in a timely and efficient

way • Access to data to help determine temporary

staffing models and monitor usage • Tools to assist in the credentialing and compliance

process

“Finding the right staff, at the right time, for the right price” Challenges commonly faced in managing temporary labor costs • Competition for high acuity modalities

– Supply and demand

• Non-standardized rates

• Existence of vendor performance metrics favoring members

• Ability to have full oversight of usage

• Current culture does not foster change in temporary labor usage habits

• Nursing shortages, leading to premium-pay staff utilization

The complexity of it all

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Page 4: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Unmatched insight and expertise

~$1B In managed spend

allows Vizient CLM to negotiate the best

sustainable rates and contract terms in the

industry for our members

100% Vendor-funded

program means no out-of-pocket costs for

our members

15 years Vizient CLM has been

providing services since 2002 and is the nation’s largest vendor-neutral

program

> 12M Productive hours

staffed through our program

8+ Solution portfolios, including: • Nursing • Allied health • Nonclinical • Locum tenens • Interim mgmt • Perm placement

700K Job requisitions were

processed through our technology last year with travel fill rates in Q1 2017 over 98%

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Page 5: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Our comprehensive approach to contract labor gives you a competitive advantage

Act as trusted advisor Market Managers provide insight into local and national conditions that may impact contract staffing

Ensure satisfaction Single contact for all account needs

Compliance Safeguard vendor’s adherence to contract terms

Vigilance Actively engaged in monitoring your needs and intervenes on hard to fill positions

Comprehensive service Simple, high-level member service to facilitate procurement of contract labor staff

Dedicated staff to perform all staffing procurement work Web-based staff procurement Fast and efficient distribution of staffing needs to vendor panel

Candidate evaluation and booking Interview aids, comprehensive profiles, and percentage match enable managers to make quick decisions on hiring

Electronic time tracking Either integrate with your own time management system or use ours, either way tracking and approving contract labor time is easy

Consolidated billing Allows member to process and pay a single invoice for all contract labor

100% vendor-funded model You have no cost associated with this self-funded program

Optimize and standardize rates by market Collaborative and comprehensive process leads to the right rates for the right staff

Customized vendor panel Needs are broadcast to the entire panel, composed of the top vendors in the industry, from the start, ensuring access to the best candidates quickly

Best quality and protection Ensure that all of your vendors are held to the same contract requirements and resources are compliant

Active market management

Dedicated staff and cutting-edge technology

Strategic sourcing

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Page 6: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Vizient provides a comprehensive solution that is scalable to member needs

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Vendor Management

•Strategic Sourcing •Market Management •Optimizer Technology

Managed Services

•Full-service staffing solution •On-site or centralized •Vendor-neutral MSP

Customized Program

•Select services right for the member organization

•Minimize change, Maximize efficiency

Services offered in full-service, vendor-neutral MSP streamline and simplify the member staffing process!

• Job request entry

• Secondary screening

• Compliance validation

• Onboarding coordination

• Time tracking management

• Ongoing resource management

• Consolidated billing

• Systems integrations

• Customized reporting

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Page 7: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Contract Labor Optimizer blends function and innovation to improve members’ efficiency

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Page 8: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Contract Labor Optimizer blends function and innovation to improve members’ efficiency

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Page 9: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

High-quality data becomes valuable insight Monthly Temp Usage – FYTD-17 ($)

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Page 10: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Contract Labor Optimizer delivers a complete solution

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Page 11: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Partnership creates labor savings

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Page 12: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Optimizer Learning Lab format

• Interactive • Solution-focused • Customized • Fun!

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15 minutes

15 minutes 15 minutes

Job requests

and compliance

Visibility and

analytics

Self-guided exploration

Page 13: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

Questions or additional information?

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Page 14: Contract Labor Optimizer - Vizient Inc · Contract Labor Optimizer Melanie Bell, MSN, RN, CNEP, Senior Workforce Director ... Interview aids, comprehensive profiles, and percentage

This information is proprietary and highly confidential. Any unauthorized dissemination, distribution or copying is strictly prohibited. Any violation of this prohibition may be subject to penalties and recourse under the law. Copyright 2017 Vizient, Inc. All rights reserved.

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Contact: Melanie Bell, MSN, RN, CNEP, Senior Workforce Director [email protected] Chad Henderson, Product Director, Contract Labor Optimizer [email protected]