Providence ROI case study: Predictive Hiring

Providence Health & Services ROI case study: Providence Health & Services achieved a 3535 percent ROI by leveraging its existing technology resources to develop a homegrown hiring optimization initiative, recovering its initial investment in the project less than two weeks after implementation. Catalyzed by a worldwide nurse shortage, the organization built Predictive Hiring, which includes a novel analytics tool and business process, to meet its specific needs. Nucleus found that upon rolling out the solution, the organization was able to fill vacant positions 25 days faster than similar roles posted through traditional processes. This gave Providence leaders opportunities to help address worker burnout, reduce external contracted labor, avoid overtime pay, and avoid lost revenue, translating to $6.5 million in annual savings in the first two years of deployment and $8 million in year three due to improved adoption.

Learn more about Nucleus Research’s ROI case study approach here.

Gain the knowledge you need to effectively develop and deliver a financial business case at ROIUniversity.com.