VENDICA VENDOR MANAGED SERVICES

As a result of the long-term nursing shortage in the United States, the cost of recruiting, scheduling, maintaining, and managing healthcare professionals has become the largest single expense for healthcare organizations. Unfortunately, it is often one of the most challenging areas to manage from both an operational and budgetary perspective.

Many healthcare organizations have a common set of concerns around managing their staffing spend, but have difficulty implementing and formalizing a strategy to tackle them. Typical issues include:

• Cost - the belief that you are overspending on supplemental staff, but are not sure how to best manage your usage.
• Consolidated Reporting - the absence of accurate or timely information on agency performance, reliability, and ability to deliver.
• Communication - the inconvenience of different methods of communication (i.e. email, fax, and / or phone) for each agency you are working with.
• Administration - the lack of a central point of contact in your organization who is ultimately responsible for the overall management of your supplemental staffing vendors and costs.

Vendica Managed Services provides a suite of services to help your organization simplify and optimize the management of your supplemental staffing vendors and their associated costs.

Our solutions are designed to streamline your staffing process, ease your administrative burden, and improve your bottom line. The end result is that your organization will no longer be tied down with the day-to-day tasks associated with managing supplemental staff, and instead be able to focus on what matters the most - ensuring your facility is able to deliver the highest level of patient care.

Products and Services

Vendica Managed Services consists of four primary service offerings that are customized based on the specific areas of concern for your organization:

• Vendor Management Services (VMS) - A centralized solution to manage all of your supplemental staffing vendors. Vendica VMS provides consolidated reporting, invoicing, management, and administration for your supplemental staffing spend and consequently empowers you to make accurate, timely, and informed decisions on your usage.
• Recruitment “In-Sourcing” - A dedicated Onward Healthcare recruiter will manage the recruitment of your permanent and / or supplemental staff either on-premises or off-site. You are able to leverage the expertise of industry experts to staff your facility.
• Internal Pool Management - A comprehensive system to optimize how you leverage local per diem pools to address shortage needs. It will allow you to increase the availability and flexibility of your current pool, while expanding your candidate base through effective marketing.
• Marketing Management - This option allows you to outsource your candidate based recruitment marketing and advertising efforts to a dedicated team of marketing professionals with extensive experience in the healthcare staffing sector.

Advantages of Managed Services

After implementing Vendica Managed Services, your organization will see:

• Lower real unit costs
• Improved quality and retention
• Reliable and timely information from a single point of contact
• Instantaneous communication through a consistent technology platform
• Single format time records and invoices
• Comprehensive recruiting and retention solutions

We are confident that Vendica Managed Services will be able to optimize your staffing management and isolate the most qualified and lowest-cost sources of labor, optimize internal resource management, and enable your to reduce costs while improving the quality of patient services.

If you are interested in learning more about the any of the options avaialble through the Vendica Managed Services program, please contact us at vendica@onwardhealthcare.com.

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