Hospital Profitability in Staffing 2011
This report is a compilation of results from a recent NSI survey of 811 hospitals (27.3% participating). This survey found that every travel nurse eliminated or not engaged resulted in a positive impact to its bottom line. More specifically, hospitals saw immediate net savings, improved cash flow, and a quick ROI, with an average annual decrease in labor expenses of $1,026,480 net. Nationally, hospitals experienced an annual cost savings ranging from $748,020 to $1,456,000 net, for every 20 travel nurses converted to employed staff.

Click the link below to read the full report and to learn how to receive an immediate return-on-the-investment, improve cash flow, enhance the bottom line and improve quality patient care services by converting contract nurses to hospital employed nurses.
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 The 2011 Travel Nurse Use Study is a compilation of survey responses from over 800 hospital executives, comparing the use and cost of travel nurses to a hospital hiring nurses as their employees.