AMN Healthcare Services Inc · NYSE:AMN
AMN Healthcare Services — O'Hehir NY Pres and Grad
14 slides from AMN Healthcare Services's investor presentation, 2013
Slide 1: Unique Approach to Hiring New Graduate Nurses
Unique Approach to Hiring New Graduate Nurses Debra O’Hehir, MSN, MBA, RN Vice President, Specialty Services NewYork-Presbyterian Hospital/Weill Cornell Medical Center 1 1
Slide 2: NYP Facts and Statistics
NYP Facts and Statistics 6 Campuses 2,600 Beds 21,000 Employees 6,500 Physicians 115,000 Discharges 1.9 Million Outpatient Visits 300,000 Emergency Department Visits $4.0 Billion Total Revenues 2
Slide 3: NYP Nursing Workforce
NYP Nursing Workforce 5,300 RNs 92.8% RNs with BSN or higher 31.7% RNs with specialty certification 4.3% Vacancy Rate 7.5% Turnover Rate 1,382 new graduates passed online screening from July to October 3
Slide 4: AMN Healthcare
AMN Healthcare Less than 40% fill rate for NYP daily per diem RN needs Limited pool of experienced RNs No facility to train new graduates 4
Slide 5: NewYork-Presbyterian, AMN Healthcare, Gotham Nursing Agency Partnership Purpose
NewYork-Presbyterian, AMN Healthcare, Gotham Nursing Agency Partnership Purpose Assist the new graduate RN in the transition from student to professional RN Provide new graduate RN with tools and experiences necessary to begin a successful career Assist the new graduate RN develop clinical and
Slide 6: Specific Objectives
Specific Objectives Transition new graduate from entry-level, advanced beginner nurse to competent professional nurse Develop effective decision-making and clinical judgment skills Strengthen commitment to nursing as a professional career choice Incorporate research-based evidence into pract
Slide 7: Program Logistics
Program Logistics AMN subcontracts with Gotham AMN/Gotham credentials, employs and manages new graduates NYP provides educators, preceptors, training space for new graduates 6 Month Residency program for new graduates Reflective practice sessions Ongoing clinical evaluation 7
Slide 8: Eligibility Criteria
Eligibility Criteria Graduate of an accredited BSN program Cumulative GPA of 3.0 or greater Current NYS RN license Previous patient-focused hospital experience independent of nursing school rotations Two letters of recommendation Meet NYP’s per diem/agency nurse credentialing requirement
Slide 9: New Graduate Commitment
New Graduate Commitment 12 month employment to AMN Work 36 hours per week or 72 hours per 2 week pay period Availability on days, nights, weekends and holidays Agreement to pay AMN a monetary penalty if does not meet the terms of the residency program agreement 9
Slide 10: Program Description
Program Description Enroll 20 new graduates as a pilot Primary focus in general medical-surgical nursing Same orientation as current NYP orientation Orientation with a preceptor on one unit with rotation to others as appropriate Participation in a 6-month residency Join AMN supplemental
Slide 11: Outcomes
Outcomes Win for all Partners No quality concerns 19 new graduates continue in the working as daily per diem float agency RNs Increased ability to meet daily per diem staffing needs Positive feedback from new graduates, staff nurses and unit leadership 11
Slide 12: Benefits for NYP
Benefits for NYP Increase the pool of experienced RN applicants for recruitment and employment by NYP Decrease training and orientation costs Enhance availability of experienced agency RNs Increased ability to flex staffing up and down using per diem agency nurses Increase retention and re
Slide 13: Next Steps
Next Steps Start second cohort November 2013 Expand to general pediatrics and mother/baby Integrate new graduates into NYP hospital/nursing orientation Continue to evaluate program and need for additional nurses at all campuses 13
Slide 14: Questions?
Questions? = NewYork-Presbyterian HAPPENING HERE