Advancements in Staffing/Consulting Services

Topics to be covered

 Vendor Management Services  Group Purchasing Organizations  Remote Services

Vendor Management Services

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VMS VMS is an all-in-one, on-demand application that takes advantage of the internet to optimize the procurement and management of contingent labor and other external business services such as consulting projects. It gives your organization a secure, central platform and provides measurable results to all participants in the services procurement process, from buyers, to suppliers, to executive level decision makers.

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Supplemental staffing in the healthcare arena, which is typically challenged with quality assurance, low fill ratios, and costly pitfalls. With direct cost savings of 10-15%, coupled with additional savings from improved workflow, the VMS concept is gaining popularity nationwide

VMS

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 How does the hospital benefit from VMS     

Cost/Benefits Analysis of Vendor Management Solutions

Vendor Management Solutions can save enterprise customers 10-15% in hard-dollar savings and another 10 20% in soft-dollar savings. (Giga Information Group, 2001) A strategic approach to contract labor can reduce overall spend from 10-30%. (Deloitte Consulting, 2001) Vendor Management Solutions can reduce “maverick” spending costs by 50-95%. (Aberdeen Group, 2001) Vendor Management Solutions can increase the number of jobs filled by 60%. (Aberdeen Group, 2001)

VMS

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 Those who should look into VMS Looking to control costs Control Quality of Providers Planning and reporting Compliance

Workflow Management

Hiring Mgr Procure Create Job Posting Engage Activate Work Order (Automatic) Approver VMS Team Distribute Job Posting Submit Candidates Supplier Worker Approve Time Pay Submit Time Consolidated Invoice Invoice Time & Expense

Group Purchasing Organizations

 Chesapeake Registry Affiliated with the Maryland Hospital Associations developed in response to member hospital concerns regarding the quality and availability of supplemental staff  Government Facilities GSA/IMAP/MATO/BPA

Remote Services

 Transcription  Telemedicine including Tele Radiology  Remote Coding and Billing

Questions Thank you