A Lucrative Partnership

At one point just a few years ago, MemorialCare Health System was spending between $50 and $60 million annually on registry and travel nurses. Meanwhile, a local university was preparing to reduce by half the number of slots available for nursing students because of state budget cuts. Here, MemorialCare CEO Barry Arbuckle speaks on the financial strategy panel at HealthLeaders' Top Leadership Teams event about a nursing program his system developed in conjunction with that university. The program has helped MemorialCare save large expenditures in registry and travel nursing costs.