Cost Savings
The FlexChoiceRN Method projects cost savings based on the elimination of the agency markup % that is part of the normal bill rate that is charged to hospitals.
For Example:
Current Status Quo Model
Agency RN Earns $35 per hour
$35.00
Agency applies markup of 60+%
$55.00
Hospital pays wage + markup
$55.00
FlexChoiceRN Model
In House Agency RN Earns $35 per hour
$35.00
Hospital pays wage only
$35.00
Cost Savings Per Hour
$20.00
Hospitals with a $5 Million agency spend can expect to save $1.8 Million in the 1st year
Did you know that it is estimated that the Healthcare Staffing Industry generates approximately $10 Billion a year in annual billings to hospitals in the United States. These soaring costs represent $3 Billion in gross profit to these publicly and privately held firms.
