Tackle Nurse Shortages and Slash Travel Nurse Costs with our Travel Nurse Reduction Solution: Our Long-Term Strategy for Building Your Permanent Nursing Team

 

The pandemic exacerbated nursing staff shortages and some of the highest paying travel nurse jobs in 2022 offered rates for travel nurses up to 82% more than the average staff nurse earns per year. Moreover, even the average travel nurse in the U.S. still earned about 53% more than the national average salary for permanently employed RNs. According to the Bureau of Labor Statistics (BLS) the employment of registered nurses is projected to grow a further 6 percent from 2022 to 2032 which is faster than the average for all occupations.

As hospitals have become increasingly reliant on contract nurses, travel nurse expenditures have risen more than 250% since the start of the pandemic according to the research conducted by consulting firm Syntellis and the American Hospital Association.

This is a vicious cycle for hiring permanent, direct hire nursing staff and building a strong in-house team. Travel nurses are paid significant salary rates and have complete control of their work schedules. This encourages in-house nurses to leave their permanent positions for travel jobs, increasing turnover.

The need for about 193,100 registered nurses per year has been projected for the next 10 years. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire. This means that for 2024, 2025 and 2026 the USA will need to find an additional 579,300 RN’s to fill these vacancies.

How many of those RN’s will you need?

What will it cost your organization if those jobs go unfilled?

What will it cost your organization to hire temp staff?

 

Here’s the good news…

At All Med Search, we understand the financial strain and dependency issues associated with over-reliance on contractors and our Travel Nurse Reduction Program is designed to address this specific challenge. Our programs offer a long-term solution, ensuring patient safety and the facilities financial stability.

 

 

All Med Search’s Travel Nurse Reduction Solution:

Invest in Your Organizations Future

 

Our Direct Hire Solution – A Permanent Fix: Direct hire, or permanent placement, means employing candidates directly on your facility’s payroll. These are full-time positions offering the same pay and benefits as any other similar role. Unlike travel, contract, temp, or per diem roles, these are stable, long-term engagements. All Med Search connects U.S. healthcare facilities with skilled professionals worldwide to effectively address your nursing shortage.

The All Med Search International team expertly oversees the entire process of delivering highly qualified healthcare professionals to our clients. This comprehensive service includes not only recruitment but also navigating immigration procedures, handling licensing and credentialing, as well as providing extensive support to these practitioners to ensure their successful assimilation into the U.S. healthcare system and culture, thereby facilitating a seamless transition into the American professional environment.

Overcoming Recruitment Hesitations: Adopting a new recruitment approach can be daunting, especially concerning cost management and operational changes. Our program is more than just a service; it’s a long-term solution aimed at bolstering your core nursing and healthcare staff affordably and setting you up for success over the next several years. By leveraging our expertise, we enable hospitals to recruit and retain top clinicians, reducing the need for expensive, temporary staffing.

Cost Concerns?: We view talent acquisition not as a cost center, but as an investment in your facility’s future. Our approach aims to boost your bottom line by sourcing full-time employees who embody your values and commitment to long-term service, saving you from the high costs associated with temporary staffing. Our performance and savings targets ensure you get the best value for your investment. Compare your permanent placement recruitment costs against your current spending on travel nurses – the savings, along with reduced turnover and improved staff quality, are significant.

 

How Our Program Works – Part 1:

Hire Canadian RN’s and Allied Health Professionals for 2024 and 2025

 

Estimated Savings Per Candidate Hired:

Estimated Savings Per Candidate Hired:

Travel RN at $100 per hour x 36 hrs per week x 12 months = $187,200

Perm Canadian RN at $40 per hour x 36 hrs per week x 12 months = $74,880

Total Savings PER CANADIAN CANDIDATE HIRED IS $182,896 over 24 months

Total Savings for 12 CANADIAN CANDIDATES HIRED IS $1,828,960 over 24 months

 

Time Frame from Offer Letter to Start Date: Approximately Three to Four months

Candidate will sign a job offer committing to work for your facility for a minimum of two years.

Candidate will be on your payroll and will be your direct employee.

 

How Our Program Works – Part 2:

Secure International RN’s and Allied Health Professionals now so that they can start working for you in 2026.

 

Estimated Savings Per Candidate Hired:

Travel RN at $100 per hour x 36 hrs per week x 12 months = $187,200

Perm International RN at $40 per hour x 36 hrs per week x 12 months = $74,880

 

 

Total Savings PER INTERNATIONAL CANDIDATE HIRED IS $258,541 over 36 months

Total Savings for 12 INTERNATIONAL CANDIDATE HIRED IS $2,585,410 over 36 months

 

Time Frame from Offer Letter to Start Date: Approximately 2-3 years for an International candidate to get their license, credentialing and green-card (varies per country). They must be offered a job ASAP for them to start in 2026.

Candidate will sign a job offer committing to work for your facility for a minimum of three years.

Candidate will be on your payroll and will be your direct employee

 

 

Don’t wait any longer. Contact us today.

Tele: 858-229-5939

Email: Nadia@AllMedSearch.com

Website: AllMedSearch.com