HWL Insights

In the dynamic and unpredictable business of modern healthcare, the importance of an adaptable and resilient workforce cannot be overstated. After we experience the annual year end mad dash of elective procedures patients schedule strategically to beat resetting deductibles and the long winter months of seasonal illness that require us to “staff up” for volumes, late Spring & Summer can be deceptive seasons for healthcare leaders as patient volumes decrease and staffing appears to “stabilize.” Inevitably, the reprieve is always short lived, so it is imperative we spend those calmer times planning, implementing and/or optimizing our workforce strategies for the next evolution. Even healthcare systems currently experiencing low turnover rates and minimal reliance on external contingent labor should consider investing in and optimizing an internal resource pool, or Local Insourced Flex Team (LIFT). This strategic move is crucial in addressing seasonal fluctuations in patient volume, unexpected staff absences, and the prolonged time required to fill vacancies. Additionally, it provides a local solution to the ongoing nursing shortage and serves as a retention mechanism by offering flexible work options, alternatives to travel nursing & competitive compensation that benefit both the organization and its employees.

Internal resource pools (IRP) have become a staple in successful healthcare talent management strategies for organizations big and small. Also referred to as float pools, IRPs act as a database of contingent staff to help manage their credentials, schedules, and more. With each employees' information stored in one location, facilities can fill openings on short notice, improve patient outcomes, contribute to their talent retention efforts, and more.

Internal resource pools (IRP), also referred to as float pools, are a fairly recent development in the healthcare space that were designed by helping organizations become more flexible and efficient in meeting their staffing needs. Different departments work at different paces and have varying needs based on fluctuating patient volume and other external factors. IRPs are a centralized database of part-time, full-time, and contracted staff who are pre-approved to work in various departments and can fill demand on short notice.

Healthcare organizations of all types of focus on addressing their staffing challenges in many ways, and one area that is of growing focus is physician and provider internal resource pools (IRP), often more generally referred to as “float pools”.

The gig economy, characterized by its flexible freelance work arrangements, has seen a meteoric rise across various sectors, fundamentally altering traditional employment models. In healthcare, this shift offers a novel lens through which staffing strategies can be reevaluated and optimized. The adaptation to gig economy principles within healthcare staffing is not just timely; it’s proving to be a synergistic match that brings with it a host of benefits aimed at enhancing operational efficiency, employee satisfaction, and patient care.

Let’s be real - travel nursing is awesome, BUT it requires a LOT of coordination to achieve the maximum benefits of top pay and flexibility. What if you could achieve most of the benefits of travel nursing with the job security of a staff nursing position? Have you considered joining an Internal Resource Pool (IRP) aka Local Insourced Flex Teams (LIFT)?

We are pleased to introduce Amanda Wheeler, RN, BSN, MBA, as HWL's new VP of InSourcing (IRP)! Amanda brings a wealth of experience in hospital workforce management, having played a key role in developing and implementing an Internal Resource Pool for WellStar Health System and Emory Healthcare. In addition, she has been a crucial stakeholder in managing contingent labor/MSP programs, standardizing and centralizing VMS, MSP, and internal staffing & scheduling solutions, and working closely with HR and Nursing leaders. Amanda is a member of several nursing associations, including Nursing & Healthcare Associations, and is Six Sigma Yellow Belt certified. Get to know Amanda below!