Nursing pay rate data made available to all hospitals and healthcare systems by Hallmark Health Care Solutions
HAUPPAUGE, NEW YORK, UNITED STATES, October 21, 2021 /EINPresswire.com/ – Hallmark Health Care Solutions (“HHCS”) – Nurses Across the Country are Retiring, Temporarily Leaving to Recover from Burnout or accept more remunerative assignments as itinerant or contract nurses. According to the 2021 NSI National Health Care Retention & RN Staffing Report, the nurse turnover rate is 18.7%. Given these market conditions, hospitals increasingly rely on contract labor and are faced with ever-changing rates for nurses and other healthcare positions. To help organizations meet the challenges created by the nursing shortage, Hallmark Health Care Solutions provides industry with real-time nurse hourly rates as well as referral rates for over 300 clinical and non-clinical roles.
“We have seen first-hand the difficulties that hospitals face today when it comes to filling vacant nursing and RT positions,” said William Reau, COO of HHCS. “Most hospitals are hit with exorbitant premiums and agency rates, and really should have a resource providing them with baseline data. To meet this need, we have decided to publish competitive pricing data and make it available to all health organizations so that they can make the most informed staffing decision possible.
In today’s healthcare workforce, contract labor rates change almost daily, so it’s important to have a baseline as well as a current snapshot of your competitive landscape. The Einstein II work rate reports were developed to do just that. With the data in these reports, hospitals and other healthcare organizations will be able to better manage their contingent labor spending by comparing their rates to agency rates in their state.
On request, organizations will automatically receive two separate reports. The first report contains real-time nurse rate data that is immediately actionable, and the second is the Einstein II Semi-Annual Rate Report which contains three benchmark data sets: clinical rates, paramedic rates, and rates. non-clinical. The semi-annual report is an ideal reference for rate analysis and forecasting. Both reports show high and low billing rates for specific positions within a selected state or for multiple states.
The pandemic, an emerging nursing shortage, immunization mandates and increasing turnover rates have collided to produce near-unprecedented vacancy rates. This has resulted in continued volatility in contract salaries for nurses and other clinical staff. Since December 2019, rates for traveling nurses have more than doubled in many places, according to Becker’s Hospital Review. It is therefore imperative that hospitals understand how their rates compare to others within their market.
About Hallmark Healthcare Solutions
Hallmark Health Care Solutions (HHCS) is a health technology company headquartered in New York City. Each of the experienced members of our management team brings an average of over 20 years of experience in IT, nursing, process engineering, finance and healthcare. HHCS is ranked # 318 in the 2021 Inc. 5000 list of the fastest growing private companies in the United States. The company’s software solutions are used by more than 50,000 healthcare professionals in more than 1,000 healthcare facilities in all 50 states. Over the past decade, we have collectively enabled our clients to achieve tens of millions of dollars in cost savings and revenue gains, through our advanced workforce management technology. and compensation.
HHCS workforce solutions include Einstein II, a workforce deployment and vendor management solution, and Heisenberg II, a physician compensation and contract management solution. For more information, visit https://www.einsteinii.com and https://www.heisenbergii.com.
Susan woodard
Hallmark Healthcare Solutions, Inc.
+1 904-305-7757
[email protected]
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