MRRN. March 12, Presented to. AHSA E Cherry Bend Rd. Traverse City. MI

Similar documents
AMN Healthcare Investor Presentation

AMN Healthcare Investor Presentation

AMN Healthcare Investor Presentation

AMN Healthcare Investor Presentation

SURVEY OF TEMPORARY PHYSICIAN STAFF CARE Statesman Drive, Irving, Texas (800)

INDUSTRY PERSPECTIVES

AMN Healthcare Investor Presentation

HEALTHCARE STAFFING EDUCATION & TRAINING SEARCH

AMN Healthcare Investor Presentation

2016 ANNUAL PHYSICIAN COMPENSATION SURVEY

HEALTHCARE STAFFING EDUCATION & TRAINING SEARCH

The Cost of a Physician Vacancy

How an Orthopedic Hospitalist Program Can Provide Value to Your Hospital

2013 Physician Inpatient/ Outpatient Revenue Survey

2018 Compilation of Physician Compensation Surveys

MEDICAL ON-CALL / AVAILABILITY PROGRAM (MOCAP) POLICY FRAMEWORK FOR HEALTH AUTHORITIES

Physician Compensation in 1998: Both Specialists and Primary Care Physicians Emerge as Winners

INDUSTRY PERSPECTIVES. Improving Physician Leadership: An excerpt from Building the Physician Leadership Team of the Future

Survey of Nurse Employers in California 2014

AN INTRODUCTION TO. Locum Tenens

INDUSTRY PERSPECTIVES. Taming the social media beast: How employee identification can bridge recruitment and retention

The Future is Consumer-Enabled Imaging: How Self-Service Kiosks Empower Patients, Improve Productivity and Lower Costs

Physician Liaison Program. Joan Brewer, RN Referral Relations Manager Billings Clinic Billings, MT

Mark Stagen Founder/CEO Emerald Health Services

NURSE PRACTITIONER SCOPE OF PRACTICE

Potential Savings from Substituting Civilians for Military Personnel (Presentation)

NP or PA as Billing Provider

Minnesota s Physician Assistant Workforce, 2016

Who delivers health care? Non-physician Workforce Considerations : The Role of the Advanced Practice Nurse and the Physician Assistant.

Formation of a High Performance Medical Group within a Hospital Centric Health Care System... De NOVO

Effective Date: 8/22/06. TITLE: Disaster Privileges for Volunteer Licensed Independent Practitioners & Allied Health Professionals

NHS Board Workforce Projections 2017 NHS LANARKSHIRE. Table of Contents

POLICIES AND PROCEDURES

THE RFP PROCESS: STEPS FOR GETTING THE MOST ACCURATE BIDS

Physician Compensation in 1997: Rightsized and Stagnant

ACADEMIC GROUP PRACTICE AND THE LEADERSHIP OF APRN S

The OB-ED: Redefining the Standard of Women s Care and Strengthening Hospital Finances

Physician Engagement: Are Physicians a Full Partner in Care Management?

New Challenges for Private Practice model Pediatric Radiology. By Yoginder N. Vaid,M.D.

ASPEN GROUP, INC. October 2017 Nasdaq: ASPU.

BAPTIST HEALTH SCHOOLS LITTLE ROCK-SCHOOL OF NURSING NSG 4027: PROFESSIONAL ROLES IN NURSING PRACTICE

CONTENTS. Introduction...3. Current State of Regulatory Burden...4. Burden Level by Regulatory Issue...5. The Move Toward Value...

TORRANCE MEMORIAL MEDICAL STAFF

Draft Ohio Primary Care Workforce Plan

2001 AAPA Physician Assistant Census Report 1. Respondents % Male % Female %

Tenet ICD-10 Training Information AFFILIATED PHYSICIANS

Webinar: Practical Approaches to Improving Patient Pre-Op Preparation

GEISINGER HEALTH PLAN GEISINGER INDEMNITY INSURANCE COMPANY GEISINGER QUALITY OPTIONS, INC. PRACTITIONER CREDENTIALING CRITERIA

Self-assessment surveys details & definitions

JULY 2012 RE-IMAGINING CARE DELIVERY: PUSHING THE BOUNDARIES OF THE HOSPITALIST MODEL IN THE INPATIENT SETTING

HealthPartners Credentialing Plan

FOUR TIPS: THE INVISIBLE IMPACT OF CREDENTIALING

OMC Strategic Plan Final Draft. Dear Community, Working together to provide excellence in health care.

Medical Requirements and Deployments

Trends in Physician Compensation Among Medical Group Management Association Member Practices: Compensation Growth Trend Slows Slightly

Physician Compensation Directions and Health Reform. July 2017

RADIATION THERAPISTS

Improving Hospital Performance Through Clinical Integration

EFFECTIVE DATE: 10/04. SUBJECT: Primary Care Nurse Practitioners SECTION: CREDENTIALING POLICY NUMBER: CR-31

1998 AAPA Census Report

Survey of Nurses 2015

Issue Brief. Maine s Health Care Workforce. January Maine s Unique Challenge. Current State of Maine s Health Care Workforce

Hospital On-Call Responsibilities: A Urology Group Practice Analysis

Provider Enrollment 101 for Medical Staff and Credentialing Professionals. Dawn Anderson OBJECTIVES

SUBJECT: Medical Staffing Update Report 1. PURPOSE

Supply and Demand of Health Care Workers in Minnesota. Speaker: Teri Fritsma Wednesday, March 8, :35 3:20 p.m.

Survey of Millennial Nurses:

How Beacon Health System Gained Competitive Advantage and Acquired New Patients through Telehealth

2015 Physician Licensure Survey

Take These Actions to Immediately Improve Patient Throughput

Locum Tenens and The Emerging Shortage of Medical Specialists

ACG GI Practice Toolbox: Adding Advanced Practice Providers to your Practice

A PROVEN, UNIQUE MODEL OF SUCCESS

Department: Legal Department. Approved by:

Testimony Robert E. O Connor, MD, MPH House Committee on Oversight and Government Reform June 22, 2007

Volunteer Health Professionals Federal Tort Claims Act (FTCA) Program CY 2017/18 Technical Assistance Webcast August 31, 2017

PHYSICIAN JOB BOARD OPPORTUNITY AND MARKET ANALYSIS

Janice Redden, CCS, CPC H System Director of Revenue Integrity Phone: E Mail:

Telehealth. Telehealth? 6/1/2016. A tool for enhancing health care, communication and information.

ACO Practice Transformation Program

Professional Services Arrangements


Overview: Midlevels for the Medically Underserved. -Employer Information-

Health Care Degrees and Certificate Programs Flexible and affordable degree programs for health care careers

NLG(14)098. DATE 25 March Trust Board of Directors Part A. Dr Neil Pease, Director of OD & Workforce. Monthly Staffing Report

HOW TO RECRUIT AND RETAIN PERIOPERATIVE NURSES AMID A NURSING SHORTAGE A GUIDE FOR HOSPITAL LEADERS

Health Workforce 2025

The Future of Healthcare Credit Analysis - Seven Emerging Ratios

Clinical Staffing. Primary Reviewer: Clinical Expert Secondary Reviewer: Governance/Administrative Expert, if needed

CLOSING THE TELEHEALTH GAP. A survey of healthcare providers on the barriers and opportunities to emerging delivery models

WELCOME TO. Medical Center, Navicent Health

Seven day hospital services: case study. South Warwickshire NHS Foundation Trust

ORGANIZATIONAL MANUAL OF THE MEDICAL STAFF

Move your medical career beyond routine MEDICAL CORPS

Comparison of Army/Air Force and Private-Sector Physicians' Total Compensation, by Medical Specialty

Name of Sex: M F Applicant: Last First Middle. Date of Birth: Social Security Number: Phone: ( ) City State Zip. Phone: ( ) City State Zip


Advanced Access Overview

Comparison of ACP Policy and IOM Report Graduate Medical Education That Meets the Nation's Health Needs

2012 SURVEY OF REGISTERED NURSES AMN HEALTHCARE, INC., 2012 JOB SATISFACTION, CAREER PATTERNS AND TRAJECTORIES

Transcription:

Presented to MRRN March 12, 2008 by The American HealthCare Services Association AHSA. 10126 E Cherry Bend Rd. Traverse City. MI. 49684. 800-784-1975. www.ahsa.us

The Association - An Introduction The First and Only National Vendor Management Association in the U.S. AHSA is a Member Medical Facility Association, Representing the Member Facility (AHSA is not a Staffing )

Traditional Staffing Model High Fixed Costs Physician Recruiting Allied Health Recruiting Nurse Recruiting Medical Office, IT, Finance/ Accounting Recruiting Redundant Inefficient Confusing Labor Intensive Cumbersome Communication

AHSA Model AHSA Member Facility Facility interfaces with only one dedicated service representative Available staff resources are multiplied exponentially More cost effective X 170 plus More simple Streamlined communication

Overview The Staffing Dilemma and Industry Trends Physician Staffing - Particularly The Association

The Staffing Dilemma Why? Expected Increase in Demand for Health Care Services Largest Aging Population in U.S. History Smaller Age Cohort from whom to Draw in the Future Other, more Attractive Opportunities Available

The Staffing Dilemma (continued) Why (continued)? Poor Reimbursement and/or Net Practice Income Down Malpractice Overall Population Increase

Staffing Dilemma (continued) With the Current Staffing Shortage, Many Types of Staffing Companies have Emerged While Attempting to Help, this has Further Fragmented the Workforce Driven Direct and Admin. Costs much Higher Put Hospitals into Direct Competition with Agencies for Same Staff in Many Cases

Staffing Dilemma (continued) Hospitals Continually Cite Solicitation as a Primary Disruption to Daily Operations Interferes with Core Patient Care Issues and Permanent Recruitment Efforts

Staffing Dilemma (continued) More Health Care Professionals are Choosing Off-staff Careers via Staffing Companies Based on Cross-industry Publications, this Trend is Expected to Grow Significantly

Staffing Dilemma (continued) With Unprecedented Competition, Quality of Staff being provided has Declined in Many Areas Labor Represents the Single Largest Expense Category for Medical Facilities Approx. 55% of Total Budget per Recent AHA Data

U.S. Industry Trends Overall Temporary Staffing Market Value 1990 = $17 billion (est.) 2007 = $73.5 billion (est.) Temporary Agencies are 2 nd fastest growing industry in U.S. Health care staffing industry valued at est. $20.5 billion

U.S. Industry Trends (continued) 1 in 8 Americans, will be age 75 or older by the year 2050 Shortfall of RNs in 2020 projected to be 800,000

U.S. Industry Trends (continued) Locum Tenens industry valued at est. $4 billion Compared to only est. $500 million in 1997 Shortfall of Physicians in 2020 projected to be 200,000 Even with 15% increase in medical school enrollments

U.S. Industry Trends (continued) Per one recent Physician Poll 70% of physicians predict a severe shortage in 5-10 years 50% of physicians are contacted by recruiters 1-3 times every month

U.S. Industry Trends (continued) Per U. S. Bureau of Labor, # of Physician Jobs 2005 = est. 727,000 2010 = est. 887,300 2020 = est. 964,700

Physician Staffing Types Retained: A recruitment firm that usually requires an up-front fee or monthly fee installments from a hospital/practice before the physician is placed Contingency: A recruitment firm that is not paid by the hospital or practice until a physician is placed

Physician Staffing (continued) Types (continued) In-house: A department run by the medical facility itself that handles all recruitment for their own organization Locum Tenens: A recruitment firm that provides short-term or temporary placement of physicians

Physician Staffing (continued) As of 10/05, about 1/3 of practicing physicians utilized recruitment firms to help them with their job searches While the Locum Tenens concept is only approx. 30 years old Demand has grown by approx. 800% in past 10 years

Physician Staffing- Locum Tenens Locum Tenens. What does that mean?! Lots of Telephone calls from staffing companies Actually means, One holding the place (of another) More simply put, A Physician who substitutes temporarily for another

Locum Tenens (continued) Average Locum Tenens assignment length today is 4-6 Weeks Compared to 1-2 Weeks 2 Years Ago Largest proportion of Locums workforce today Those physicians with 11 or more years of practice experience

Locum Tenens (continued) Top specialties where Locums utilized anesthesiology, radiology, psychiatry, cardiology, gastroenterology, dermatology, pediatrics, general surgery, pathology, emergency medicine, orthopedic surgery, oncology, hospitalists

Locum Tenens (continued) Why might I utilize Locums? Bridge gap when trying to fill permanent positions Call coverage Coverage for CME, vacation, medical leave, maternity leave, military service, illness

Locum Tenens (continued) Why might I utilize Locums (continued)? Test new market service lines Provide for peak coverage times (flu season, tourist season, seasonality) Time Off has become an important perm. recruitment and retention tool. Now what?

Locum Tenens (continued) Why else might I utilize Locums? To avoid closing a unit To avoid scaling back procedures To avoid needing to divert patients

Locum Tenens (continued) Why else might I utilize Locums (continued)? To meet access to care requirements and community expectations To reduce stress on over-burdened staff To help assure patient satisfaction

Locum Tenens (continued) Is Locum Tenens Cost Prohibitive? All revenue generated by the Locums belongs to the hospital/practice Revenue is lost without physicians in place and it also results in a lack of service for the community

Locum Tenens (continued) Is Locum Tenens Cost Prohibitive (continued)? Utilizing a Locum physician may seem costly; however, it may be more costly if you don't Locum Tenens utilization can cost more, but it's less expensive than watching patients go elsewhere say many of those in charge of staffing hospitals and groups

Locum Tenens (continued) The Pro s and Con s

Locum Tenens (continued) The Con s Cost Unfamiliar with Practice Learning Curve with Equip. and Procedures

Locum Tenens (continued) The Pro s Maintain Continuity of Care Prevent Loss of Revenue Immediate Availability Prevent Burn Out of Staff Physicians Recruitment, Advertising, Pre-screening, Placement Services Cost

Locum Tenens (continued) What types of sub-services do I get for the cost? Recruitment Search Primary source verification of education and training Verification of any advanced certification and work history Current standing with any specialty boards Status of all medical licenses

Locum Tenens (continued) What types of sub-services do I get for the cost (continued)? Investigation of any pending or past malpractice cases filed Review of any disciplinary actions Speak with 4 to 6 professional references that have worked with physician within past 2 years Review privileges with any medical institutions

Locum Tenens (continued) What types of sub-services do I get for the cost (continued)? Set up phone introduction/interview Initiation of licensing with state boards if not already in place Coordination of travel, housing, transportation, etc. Facilitation of any on assignment issues if arise Post assignment evaluations

Locum Tenens (continued) Why do Physicians choose to do Locums work? Practice on a part-time basis Flexibility in work schedule Reduce administrative responsibilities To travel To pursue other interests

Locum Tenens (continued) Why do Physicians choose to do Locums work (continued)? Experience a different practice setting Semi-retire Increase income Evaluate/ try out different post-residency options

Locum Tenens (continued) Aren t most Locums those physicians with red flags? Physicians who are not clinically competent or are running from something are less apt to do Locums work Re-credentialed each time they go to a new facility Subject to same internal credentialing for obtaining privileges Evaluated by 2 separate entities staffing company and facility Subject to scrutiny by the other physicians once on the job

Locum Tenens (continued) If a need arises, what can I do?

Antiquated Staffing Model Physician Recruiting Allied Health Recruiting Nurse Recruiting Medical Office, IT, Finance/ Accounting Recruiting

AHSA Model AHSA Member Facility X 170 plus Consolidation = Efficiency

Association Benefits Complete Contracting and Vendor Management Single Point-of-Contact Staffing Operations Dedicated AHSA Representative MSR

Association Benefits (continued) Significant Reduction in Ongoing Solicitations Broadest Scope of Services Available Simple to Implement and Use

Association Benefits (continued) Comprehensive Staffing Resources of More than 170 Top Agencies Improved Staff Quality Significant Time and Administrative Savings Consolidated Invoicing Process

Association Benefits (continued) Powerful On-line Staffing Tools A Safety Net that is Always Available as Things Change Proven Solution, with More Michigan Facilities Selected than any other VMS Currently Serve More Than 70 Medical Facilities in 13 States

MRRN and the American HealthCare Services Association Thank you for your time today AHSA. 10126 E Cherry Bend Rd. Traverse City. MI. 49684. 800-784-1975. www.ahsa.us