Case Study: Large Healthcare Organization achieves 15% RN bill-rate reduction, $1.4M savings and 11.2-day time-to-fill with Magnit

Strengthening the Healthcare Workforce RightSourcing’s Impact on Staffing Efficiency and Cost Savings

Large Healthcare Organization, a multi-state not-for-profit healthcare system, faced persistent staffing challenges—slow talent acquisition, high contingent labor costs, limited visibility into labor spend, weak supplier leverage, and a need for flexible long-term workforce strategies. To address these issues they engaged Magnit, leveraging MSP/VMS capabilities along with Direct Send/Direct Sourcing and compliance tracking services to create a vendor-neutral, transparent staffing model.

Magnit implemented a tailored MSP/VMS and direct-sourcing solution with compliance tracking, streamlining candidate selection and bypassing intermediaries to reduce time-to-fill and improve cost control. The partnership delivered measurable impact: a 15% reduction in average RN bill rate, $362K in negotiated bill-rate savings, $1.4M in direct/internal agency savings since program inception, time-to-fill reduced to 11.2 days, and a 97% positive worker quality score.