ShiftMed Elevates Hospital Workforce Stability with Focus on Internal Float Pools

ShiftMed's Flex mobile technology platform doubles participation levels for internal teams and float pool nurses resulting in higher retention and engagement

MCLEAN, Va., Feb. 4, 2025 /PRNewswire/ -- ShiftMed, a leader in healthcare workforce technology, announced the results of its ShiftMed Flex software rollout, which significantly increased participation from internal nurses at major health systems. On average, health systems saw a 100% rise in shift participation, with nurses picking up shifts increasing from four per month to eight per month. The Flex platform, an AI-powered application, matches nurse availability with open shifts across the healthcare system. Using ShiftMed's Intelligent Routing™ technology, hospitals can prioritize filling shifts with internal teams first, followed by float pool resources, and contract labor only when necessary. By prioritizing internal employees, the platform not only makes nurses feel valued but also addresses their top workplace desire: flexibility.

Workforce instability often stems from undersized float pools and an overreliance on travel nurses, which can disrupt hospital team culture. ShiftMed's platform directly addresses these challenges by helping hospitals strengthen internal capabilities and streamline workforce management. By prioritizing internal resources first, hospitals can reduce costs, enhance efficiency, and deliver higher-quality care through a more stable workforce strategy.

"Healthcare workforce dynamics are constantly evolving, and strategies must adapt accordingly. During the pandemic, expensive travel and contract workers were essential to meet unprecedented demand. Hospitals must now prioritize affordable, reliable in-house resources, turning to external workers only when necessary," said Todd Walrath, CEO of ShiftMed. "The steep cost of travel and contract workers compared to a strong internal float pool cannot be overlooked. While this expense was once unavoidable, hospitals now have the opportunity to make smarter, more strategic workforce decisions."

ShiftMed's platform integrates seamlessly with existing technology systems to streamline shift management, allowing internal float pool nurses to work twice as many shifts per month as before. By reducing reliance on higher-cost travel nurses, hospitals using ShiftMed report an average cost savings of $300 per shift while fostering a more cohesive team culture. ShiftMed has driven higher conversion rates from float pool to full-time employment. In 2024 alone, more than 8,300 nurses transitioned from float pools to full-time roles through the ShiftMed platform.

ShiftMed continues to redefine workforce management for health systems, driving better resource utilization, cost savings, and employee satisfaction. For more information about ShiftMed's solutions, visit https://www.shiftmed.com.

About ShiftMed:

ShiftMed's On-Demand and Flex Platform solutions enable healthcare providers to build internal staffing capabilities within Acute, Post Acute, and Surgery Settings. By prioritizing internal teams first, hospital leaders are able to bring flexibility to their workforce while reducing reliance on external staffing resources such as travel and contract labor. ShiftMed has deployed the largest number of float pool resources in the industry while helping large and small hospitals systems save more than $250 million a year in contract labor. 

For more information, visit www.shiftmed.com.

SOURCE ShiftMed