STOCK TITAN

Vivian Health and RightSourcing Partner to Deliver Innovative Contingent Staffing Solution for the Healthcare Industry

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
partnership

Vivian Health, an IAC company, has partnered with RightSourcing by Magnit to launch Fast Track, an innovative solution for contingent healthcare staffing. The partnership integrates Vivian's network of over 2 million clinicians with RightSourcing's platform through a direct API connection, streamlining the hiring process. Fast Track enables intelligent job matching, simplified profile requirements, and one-click candidate submissions, reducing submission time from days to minutes. The solution addresses critical healthcare staffing shortages by accelerating placements and improving efficiency for facilities, agencies, and healthcare professionals.

Vivian Health, un'azienda del gruppo IAC, ha stretto una partnership con RightSourcing di Magnit per lanciare Fast Track, una soluzione innovativa per il reclutamento di personale sanitario contingente. La collaborazione integra la rete di oltre 2 milioni di professionisti della salute di Vivian con la piattaforma di RightSourcing attraverso una connessione API diretta, semplificando il processo di assunzione. Fast Track consente un abbinamento intelligente tra le offerte di lavoro, requisiti di profilo semplificati e invio dei candidati con un solo clic, riducendo il tempo di invio da giorni a minuti. La soluzione affronta le gravi carenze di personale sanitario accelerando le assunzioni e migliorando l'efficienza per strutture, agenzie e professionisti della salute.

Vivian Health, una empresa del grupo IAC, se ha asociado con RightSourcing by Magnit para lanzar Fast Track, una solución innovadora para la contratación de personal médico temporal. La colaboración integra la red de más de 2 millones de clínicos de Vivian con la plataforma de RightSourcing mediante una conexión API directa, agilizando el proceso de contratación. Fast Track permite la coincidencia inteligente de trabajos, requisitos de perfil simplificados y el envío de candidatos con un solo clic, reduciendo el tiempo de envío de días a minutos. La solución aborda las críticas carencias de personal sanitario acelerando las colocaciones y mejorando la eficiencia para instalaciones, agencias y profesionales de la salud.

비비안 헬스, IAC 회사의 일원은 Magnit의 RightSourcing와 협력하여 패스트 트랙이라는 혁신적인 의료 인력 관리 솔루션을 출시했습니다. 이 파트너십은 비비안의 200만 명 이상의 clinician 네트워크와 RightSourcing의 플랫폼을 직접 API 연결을 통해 통합하여 채용 과정을 간소화합니다. 패스트 트랙은 지능적인 채용 일치, 단순화된 프로필 요구 사항, 클릭 하나로 후보 제출을 가능하게 하여 제출 시간을 일에서 분으로 단축합니다. 이 솔루션은 의료 인력 부족 문제를 해결하며, 시설, 에이전시 및 의료 전문가를 위한 배치를 가속화하고 효율성을 향상시킵니다.

Vivian Health, une entreprise du groupe IAC, s'est associée à RightSourcing de Magnit pour lancer Fast Track, une solution innovante pour le recrutement de personnel de santé temporaire. Ce partenariat intègre le réseau de plus de 2 millions de cliniciens de Vivian avec la plateforme de RightSourcing via une connexion API directe, simplifiant ainsi le processus d'embauche. Fast Track permet un appariement intelligent des offres d'emploi, une simplification des exigences de profil et une soumission des candidats d'un simple clic, réduisant le temps de soumission de plusieurs jours à quelques minutes. Cette solution répond aux pénuries critiques de personnel de santé en accélérant les placements et en améliorant l'efficacité pour les établissements, les agences et les professionnels de la santé.

Vivian Health, ein Unternehmen der IAC-Gruppe, hat sich mit RightSourcing von Magnit zusammengeschlossen, um Fast Track zu lancieren, eine innovative Lösung für die Personalbeschaffung im Gesundheitswesen. Die Partnerschaft integriert Vivians Netzwerk von über 2 Millionen Fachkräften mit der Plattform von RightSourcing durch eine direkte API-Verbindung und vereinfacht so den Einstellungsprozess. Fast Track ermöglicht intelligentes Job-Matching, vereinfachte Profilanforderungen und die Einreichung von Kandidaten mit nur einem Klick, wodurch die Einreichungszeit von Tagen auf Minuten verkürzt wird. Die Lösung adressiert kritische Engpässe bei der Gesundheitsversorgung, indem sie Einstellungen beschleunigt und die Effizienz für Einrichtungen, Agenturen und Fachkräfte im Gesundheitswesen verbessert.

Positive
  • Integration with RightSourcing expands access to over 2 million healthcare professionals
  • New API integration streamlines hiring process and reduces submission time to minutes
  • Partnership addresses critical healthcare staffing shortages
Negative
  • None.

Insights

This strategic partnership introduces significant technological innovation in healthcare staffing. The API integration and Fast Track solution address critical pain points in the $40 billion healthcare staffing market. By automating submission processes and reducing placement times from days to minutes, this could materially impact IAC's revenue through Vivian Health's platform.

The integration with RightSourcing's established healthcare network creates a powerful network effect, potentially accelerating Vivian's market penetration and improving unit economics. The automation of administrative tasks and streamlined candidate matching should drive higher conversion rates and lower customer acquisition costs. This positions Vivian Health to capture a larger share of the growing healthcare staffing market, particularly valuable given the projected industry-wide staffing shortages.

The partnership addresses a critical market need amid severe healthcare staffing shortages. With over 2 million clinicians in Vivian's network now connected to RightSourcing's established client base, this creates a formidable marketplace solution. The emphasis on speed-to-hire is particularly valuable, as data shows 50% of applications occur within 24 hours of posting.

The streamlined submission process and automated matching could significantly reduce the average time-to-fill positions, a important metric for healthcare facilities facing staffing challenges. This efficiency improvement could translate to higher placement rates and increased revenue per user for Vivian Health, while helping address the broader healthcare staffing crisis.

SAN FRANCISCO, Oct. 30, 2024 /PRNewswire/ -- Vivian Health, an IAC (NASDAQ: IAC) company and the leading job marketplace for healthcare professionals, and RightSourcing by Magnit, a pioneering provider of modern workforce solutions and services in the healthcare industry, have partnered to create Fast Track, an industry-first solution that aims to transform the hiring process for contingent healthcare staffing.

The partnership leverages Vivian's vast network of over 2 million clinicians while helping accelerate their placement through streamlined job postings, simplified profile requirements, and increased process efficiency. This saves agencies and facilities valuable time and resources amid ongoing staffing shortages—a critical concern that is expected to intensify across the healthcare industry.

The partnership is a natural fit: Vivian's mission to empower every healthcare professional to find their perfect job opportunity, faster and easier than ever before, goes hand in hand with RightSourcing's unwavering 20-year commitment to connecting healthcare facilities to high-quality, diverse talent.

As RightSourcing's President, Maria Luoni, explains: "This innovative partnership with Vivian Health expands RightSourcing's reach and offers even more comprehensive talent solutions, giving facilities access to a vast pool of healthcare professionals while simultaneously streamlining the hiring process and improving the overall candidate experience."

A comprehensive solution for the entire hiring journey

The key to the partnership is a new direct API integration between the two companies, which streamlines the entire hiring process from start to finish. With Fast Track, staffing agencies can:

  • Intelligently match job postings with the relevant RightSourcing requisitions to attract higher-intent candidates.  
  • Leverage Vivian's vast network to find, engage and vet candidates for open contingent positions.
  • Generate submission packets including a custom cover sheet to reduce administrative burden.
  • Seamlessly and securely submit candidates to the Magnit Platform in a single click on Vivian to save substantial time and eliminate the time-intensive and error-prone task of manually entering candidate information—increasing the likelihood of a placement.

This last feature is key, as speed to submission is critical to a candidate's chances of success. In fact, according to RightSourcing data, half of all applications for sought-after jobs arrive within the first 24 hours of a role being posted—and the majority are in by day two. Fast Track's one-click solution reduces submission time to mere minutes, rather than hours or days—all while ensuring applications are complete and accurate.

Driving outcomes for the whole industry

Ultimately, Fast Track is a win for everyone involved in the job hiring process, from healthcare professionals to the facilities that rely on them: top candidates can be hired faster and more seamlessly than ever, healthcare facilities can reduce time to hire and get access to Vivian's vast network of over 2 million clinicians, and agencies can devote more time to the things that matter most: building relationships with candidates and matching them to the right jobs. 

"The thing that makes Fast Track so groundbreaking," says Parth Bhakta, CEO of Vivian Health, "is how it connects each player in the hiring process in a collaborative, cohesive way. And in the midst of a growing healthcare staffing crisis, where demand for skilled professionals is far outpacing supply, bold innovation and strong partnerships like this one are essential to keeping facilities optimally staffed and ensuring patients receive the care they deserve."

To schedule a meeting with a Vivian representative to learn how Fast Track can support your business goals, visit hire.vivian.com/fast-track.

About Vivian Health
Vivian Health, an IAC company (NASDAQ: IAC), is transforming how the healthcare industry hires. As the leading jobs marketplace that serves healthcare professionals first, Vivian Health empowers a broad range of healthcare professionals to find jobs they love across many types of healthcare work, including staff roles, per-diem shifts, local contracts, and travel positions. Built on intelligent matching, transparent information, and the widest selection of job opportunities, over 2 million healthcare professionals turn to Vivian to find their perfect job. For employers, Vivian Health helps fill roles faster than traditional recruiting practices and at a fraction of the cost, saving them millions of dollars and helping alleviate labor shortages in healthcare.

Media Contact: vivian@haymaker.co

About RightSourcing by Magnit
RightSourcing is a pioneering force in the healthcare industry, delivering innovative solutions and unmatched expertise since 2001. As a trusted partner to over 2,500 facilities nationwide, we are dedicated to reimagining the modern workforce through consulting, management services, and cutting-edge technology.

Our vendor-neutral approach and unwavering commitment to quality have solidified our position as a leader in the field. As part of the Magnit family, we are leveraging our collective strength to drive the next chapter in workforce management.

As a Joint Commission-certified organization, we understand the critical importance of credential audit and maintenance. We employ a rigorous multi-pronged approach to ensure compliance and deliver the highest quality care. rightsourcingusa.com

Media Contact: magnit@pancomm.com

Cision View original content:https://www.prnewswire.com/news-releases/vivian-health-and-rightsourcing-partner-to-deliver-innovative-contingent-staffing-solution-for-the-healthcare-industry-302291009.html

SOURCE Vivian Health

FAQ

What is Vivian Health's Fast Track partnership with RightSourcing?

Fast Track is a new staffing solution that combines Vivian Health's network of 2 million clinicians with RightSourcing's platform to streamline healthcare hiring through API integration and one-click submissions.

How does Fast Track improve the healthcare hiring process for IAC's Vivian Health?

Fast Track improves hiring by enabling intelligent job matching, simplified profiles, and one-click candidate submissions, reducing submission time from days to minutes while ensuring complete and accurate applications.

What is the size of Vivian Health's healthcare professional network in 2024?

Vivian Health's network includes over 2 million clinicians as of October 2024.

IAC Inc.

NASDAQ:IAC

IAC Rankings

IAC Latest News

IAC Stock Data

4.12B
75.65M
6%
94.44%
2.45%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States of America
NEW YORK