Posted Monday, June 6, 2022
According to a study by Oliver Wyman and Mercer, contract labor may balance out costs in the long run when compared to full-time staff. The study found that a full-time nursing employee can cost a facility up to 33% more on an hourly basis than a contract worker.
“I will argue on behalf of home health care agencies saying, ‘It’s still more valuable for me to have my own staff that I’ve trained, that knows my policies and knows my standard of care.’ I agree with them 100%,” David Coppins, CEO, and co-founder of IntelyCare, told Home Health Care News. “But every CEO of a home health company has told me the same thing: that their biggest impediment to growth is not enough staff. They could grow a lot faster if they really understood that a contingent staffer doesn’t cost a lot more — or any more in some cases — than their own employees.”
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