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AMN Healthcare Launches Market Insights into ShiftWise Flex: Empowering Healthcare Talent Strategy with Dynamic Intelligence

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AMN Healthcare has launched Market Insights, a new feature integrated into the ShiftWise Flex platform, aimed at enhancing healthcare workforce management with live market intelligence. This tool provides daily updates on bill rate pricing, market datasets, and configurable market comparisons. Key features include side-by-side analyses of client and market data, data segmentation by skillset and geography, historical data comparisons, bookmark and subscription options, and exportable data tables. Market Insights aims to help healthcare organizations optimize workforce strategies and cost by offering up-to-date information for informed decision-making.

Positive
  • Launch of Market Insights enhances ShiftWise Flex with live market intelligence.
  • Daily updates on bill rate pricing and market datasets.
  • Side-by-side analyses between client and market data tailored to specific needs.
  • Data segmentation by skillset and geography.
  • Ability to compare historical data with current trends.
  • Bookmark and subscription features for key insights and automated updates.
  • Exportable data tables for further analysis or integration.
  • Automated bill rate pricing for recently booked and current open positions.
  • Covers nursing and allied contingent staffing datasets across all 50 U.S. States and DC.
Negative
  • No concrete financial data or projections provided to measure potential financial impact.
  • Potential high implementation and operational costs for healthcare organizations.
  • Dependence on the accuracy and reliability of the integrated data.

The launch of Market Insights is an intriguing development for AMN Healthcare, especially given its capacity to provide live market intelligence integrated into their VMS platform, ShiftWise Flex. This tool offers granular data segmentation by skillset and geography, which can be particularly valuable for optimizing workforce management strategies. By incorporating daily updates and historical data comparisons, healthcare organizations gain a comprehensive view of pricing trends and demand fluctuations. This transparency can aid in better financial planning and resource allocation, which may result in cost savings, improved operational efficiency and ultimately, a stronger bottom line. However, it's important to note that while the potential for improved decision-making is there, organizations must effectively utilize the provided data to reap these benefits.

Short-term implications: Enhanced financial visibility and better workforce management could lead to immediate operational improvements.

Long-term implications: If widely adopted, this tool might position AMN Healthcare as a critical player in the healthcare workforce management sector, driving sustained revenue growth.

From a market research perspective, the introduction of Market Insights can significantly differentiate AMN Healthcare from its competitors. The ability to access live, real-time market intelligence and historical data offers clients a unique advantage in a traditionally static market environment. This tool supports data-driven decision-making, essential in a rapidly changing healthcare landscape where demand and supply can shift unexpectedly. The capacity to export data for further analysis or integration into other systems is another key feature that promotes flexible and scalable operations.

Additionally, the feature enabling configurable market comparisons and segmentation by geography and skillset provides a tailored experience for users, enhancing the platform's usability and relevance. However, the success of this feature will largely depend on the accuracy and timeliness of the data provided.

Short-term implications: Users might see immediate improvements in their ability to manage costs and allocate resources more efficiently.

Long-term implications: The tool may set a new standard within the industry, encouraging other vendors to develop similar capabilities, ultimately raising the competitive bar and benefiting the healthcare sector as a whole.

DALLAS, May 29, 2024 (GLOBE NEWSWIRE) -- ShiftWise Flex, a next-gen vendor neutral vendor management system (VMS) that serves as a comprehensive workforce management platform for healthcare organizations, announces the launch of Market Insights, a live market intelligence report integrated into the platform.

Market Insights offers live snapshots of bill rate pricing, market datasets, configurable market comparisons and more. Delivering daily updates, this feature equips healthcare organizations with up-to-date information needed to make informed decisions and optimize workforce management strategies and cost.

Key features of Market Insights include:

  • Side-by-side analyses between client and market data tailored to user’s specific needs
  • Data segmentation by skillset and geography, providing granular information
  • Ability to compare historical data with current trends to enable organizations to understand pricing and demand fluctuations over time
  • Bookmark and subscription features enabling users to save key insights and set up automated updates
  • Exportable data tables for further analysis or integration into other systems

"Market Insights represents a significant milestone in our commitment to empowering healthcare organizations with the tools they need to succeed,” Nishan Sivathasan, AMN Healthcare Division President, Technology and Workforce Solutions said. “By providing up-to date market intelligence and real-time reporting, we're enabling our clients to make informed and data-driven decisions, optimize resource allocation, and ultimately improve patient care."

This tool provides automated bill rate pricing for recently booked and current open positions, fostering proactive, enterprise-wide financial visibility. Leveraging nursing and allied contingent staffing datasets, spanning all 50 U.S. States and DC—including 839 metro areas, and an average of 70 unique healthcare facilities per state—Market Insights offers data for comprehensive analysis.

For more information about Market Insights and ShiftWise Flex, visit shiftwise.com.

About AMN Healthcare
AMN Healthcare is the leader and innovator in total talent solutions for healthcare organizations across the United States. People are the heart of healthcare, and at the core of our mission is a commitment to ensure all may thrive. Through a steadfast partnership approach, we solve the most pressing workforce challenges to enable better clinical outcomes and access to care. We provide a comprehensive network of quality healthcare professionals and deliver a fully integrated and customizable suite of workforce technologies.

For over 40 years we have served the healthcare community with workforce planning, recruitment and placement technologies and services, creating a breadth of job opportunities in all specialties and settings, physical and virtual, across the country. Our extensive network of top-tier healthcare professionals includes nurses, physicians, allied health professionals, interpreters, and leaders. We support various employment options, enhancing flexibility for organizations and guiding healthcare professionals throughout their careers.

Our values are core to who we are. We prioritize inclusivity, valuing a multitude of backgrounds and viewpoints, and strive to build a diverse, skilled team that mirrors the communities we serve. At AMN Healthcare, we are empowering the future of care. For more information, visit www.amnhealthcare.com.

Media Contact  

Corporate Communications  

AMN Healthcare  

AMN-PR@amnhealthcare.com 
Investor Contact  

Randle Reece  

Senior Director, Investor Relations & Strategy  

AMN Healthcare  

(866) 861-3229  

investorrelations@amnhealthcare.com 


FAQ

What is Market Insights by AMN Healthcare?

Market Insights is a live market intelligence feature launched by AMN Healthcare, integrated into the ShiftWise Flex platform to enhance healthcare workforce management with up-to-date data.

What are the key features of Market Insights in ShiftWise Flex?

Key features include live snapshots of bill rate pricing, market datasets, configurable market comparisons, data segmentation by skillset and geography, historical data comparisons, and exportable data tables.

How does Market Insights help healthcare organizations?

Market Insights equips healthcare organizations with up-to-date information for informed decision-making, optimizing workforce strategies, and cost management.

When was Market Insights launched by AMN Healthcare?

Market Insights was launched on May 29, 2024.

How comprehensive is the data coverage of Market Insights?

Market Insights covers nursing and allied contingent staffing datasets across all 50 U.S. States and DC, including 839 metro areas and an average of 70 unique healthcare facilities per state.

AMN Healthcare Services, Inc.

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Dental Laboratories
Manufacturing
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United States of America
DALLAS