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Posted by Sean Suttles

  • Jan 14, 2025

5 Best Practices to Improve Float Pool Management and Reduce Costs

Healthcare operations leaders face constant challenges in maintaining optimal staffing levels while controlling costs. Float pools offer a flexible solution, allowing organizations to deploy clinicians strategically across different departments and locations. 

However, managing these pools effectively requires careful planning and the right tools. Understanding key best practices for float pool management helps healthcare organizations maximize clinician utilization, reduce administrative burden, and ensure consistent quality care delivery.

Let's explore proven strategies that make float pool management more efficient and cost-effective.

 

Set up automatic tracking for credentials and compliance

1— Set up automatic tracking for credentials and compliance 

Managing float pool clinicians means staying on top of countless credentials, licenses, and facility requirements. Traditional manual tracking through spreadsheets leads to missed expirations, compliance risks, and hours of administrative work.

The solution is to create a central hub where you store and monitor all clinician credentials. Your system should automatically track expiration dates, send timely reminders, and flag any missing or soon-to-expire documents. Most importantly, it should link directly to your scheduling system to prevent booking clinicians without proper credentials.

Start by listing all required credentials for each unit and facility. Include everything from state licenses to facility-specific certifications. Then, set up a standardized process for document submission and verification. Define clear notification timelines - for example, 90, 60, and 30 days before expiration.

 

Pro tip: Don't just focus on expiration dates. Your tracking system should also monitor state-specific requirements, facility privileges, and required training completions. This comprehensive approach ensures your float pool clinicians are always compliance-ready while reducing the administrative burden on your team.


Use one system for all scheduling and availability

2— Use one system for all scheduling and availability

When scheduling and availability data live in a single platform, healthcare operations leaders can instantly match available float pool clinicians to coverage needs based on credentials, specialties, and facility privileges. This eliminates the time-consuming process of checking multiple systems or spreadsheets to find qualified coverage.

 

The unified system enables operations teams to:

  • View all open shifts across facilities in real-time
  • Quickly identify qualified clinicians with matching credentials and availability
  • Deploy float pool resources efficiently based on actual demand
  • Track utilization patterns to optimize float pool size and composition
  • Ensure compliant scheduling by automatically matching credentials to requirements
  • Calculate accurate compensation across multiple facilities and rate structures

Moreover, when clinicians can view their schedules and update their availability from their phones, they're more likely to pick up additional shifts. Operations teams can see the full picture of coverage across all locations, making it easier to fill gaps and avoid overstaffing.

Your central scheduling system should connect schedules directly to credentials and facility requirements. This prevents booking clinicians at locations where they aren't qualified to work. It should also make it easy to see who's available when urgent needs arise, rather than sending mass emails hoping someone responds. The platform should track important metrics like individual workload, time between shifts, and preferred scheduling patterns. This data helps maintain healthy work-life balance while meeting coverage needs.

One such tool is — Kimedics. It unifies all scheduling, credentialing, and financial operations in one mobile-first platform. Healthcare operations leaders get instant visibility into coverage needs and qualified clinicians across all locations, while clinicians can easily view and claim shifts from their phones. Book a quick consultation here to see how it can help you optimize your float pool. 

The goal isn't just to digitize schedules - it's to create a seamless experience that saves time and reduces errors for everyone involved.


Create clear rules for pay rates and bonuses

3— Create clear rules for pay rates and bonuses

When you set up rules in your workforce management system, you define exactly how much clinicians will be paid in different situations - like working nights, weekends, or at different facilities.

For example, you might set up rules that say float pool clinicians get their base rate plus 15% when working at satellite locations, or an extra $50 per hour for last-minute critical care coverage. You can create tiers of bonuses that kick in automatically for picking up extra shifts during high-demand periods.

These rules work alongside your scheduling system to automatically calculate the right pay for each situation. When a float pool clinician picks up a shift, the system knows exactly what rate to apply based on factors like:

  • Shift type (regular, on-call, holiday)
  • Location
  • Specialty needed
  • Notice period
  • Length of shift
  • Time of day/week

This removes guesswork and manual calculations while ensuring your float pool clinicians are paid correctly and consistently for their flexibility.

Kimedics can handle complex rate calculations automatically by integrating scheduling with customizable pay rules. The platform ensures accurate compensation across different facilities, shift types, and bonus structures - eliminating manual calculations while providing clear financial visibility.


Make communication simple and trackable

4— Make communication simple and trackable

Float pool coordination involves constant exchange of information about shift availability, coverage requests, schedule changes, credential updates, and assignment details. Making this communication trackable means moving beyond scattered emails and texts to a centralized platform where every interaction is automatically logged and searchable.

The key is maintaining all conversations within your workforce management system, where they're tied to specific shifts or clinicians. This creates a clear audit trail showing who said what and when - essential for both operational efficiency and risk management. Mobile access ensures clinicians can quickly respond to urgent coverage needs from anywhere.

To make this work smoothly, healthcare operations leaders should use standardized templates for common communications like shift offers, while setting up automated alerts for time-sensitive responses. Structured response options (like simple accept/decline buttons) work better than free text for tracking purposes.

When urgent coverage is needed, the system can send group notifications and follow established escalation paths if initial communications go unanswered. This organized approach not only speeds up response times but also provides clear documentation if questions arise about assignments or payment details later.


Use data to improve coverage and costs

5— Use data to improve coverage and costs

By analyzing historical scheduling patterns, real-time staffing needs, and cost data, you can make smarter decisions about float pool management.

Start by tracking key metrics like fill rates, response times, and labor costs across different facilities and shifts. This helps identify coverage gaps - like which units consistently struggle with staffing or which times of day need more attention. For example, you might discover that your emergency department regularly needs extra coverage on Monday mornings, allowing you to proactively schedule float pool clinicians for these slots.

Performance metrics around scheduling efficiency are also crucial for long-term success. Track indicators like:

  • Fill rates across different shifts and locations
  • Time to fill open shifts
  • Clinician satisfaction scores
  • Schedule acceptance rates
  • Workload distribution
  • Rest periods between shifts

These metrics help identify potential burnout risks early while maintaining optimal coverage. For example, if certain clinicians consistently work more nights or have compressed schedules, you can proactively adjust assignments to ensure more balanced distribution

Cost analysis often reveals opportunities for savings. By examining wage variations across shifts and locations, you can optimize your rate structure. You might find that slightly increasing rates for hard-to-fill overnight shifts actually reduces overall costs by decreasing last-minute premium staffing needs.

Predictive analytics can help forecast staffing needs based on factors like seasonal patterns, local events, or patient census trends. This allows you to right-size your float pool and distribute clinicians more effectively. The goal is to maintain optimal coverage while controlling costs - using data to strike that perfect balance between having enough flexibility without excessive overhead.

Optimize your float pool with Kimedics

While best practices provide a strong foundation, implementing them requires the right tools. Healthcare operations leaders need modern solutions designed specifically for today's complex clinician management challenges.

Kimedics is a clinician management platform that streamlines the float pool by integrating scheduling, credentialing, and compensation in one mobile-first system. Our platform helps reduce administrative burden while ensuring accurate pay and compliance tracking across all locations.

Schedule a 10-minute consultation to see how Kimedics can help your organization optimize clinician utilization and drive operational success.

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