The healthcare industry faces an unprecedented staffing crisis marked by high turnover, burnout, and persistent financial stress among frontline workers like nurses and aides. For employees working demanding, irregular hours, the traditional biweekly pay cycle often fails to cover unexpected expenses or align with urgent financial needs, forcing them to rely on costly alternatives.

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Let’s take a look at why on-demand pay is the next essential healthcare benefit, offering a flexible and integrated solution that boosts employee financial well-being and, in turn, retention.

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The Value of Modern Healthcare Pay Solutions

The need for access to earned wages is particularly acute in a 24/7 industry where staff often work overtime or pick up extra shifts. Offering earned wage access (EWA) gives employees responsible control over their earnings. This benefit acts as an essential financial safety net, reducing stress and allowing clinical staff to focus on patient care, rather than their next payday. Testimonials from organizations have confirmed that providing this benefit can reduce turnover rates by up to 40% and boost staff engagement.

How ImmediatePay Supports Healthcare Businesses

Immediate is an on-demand payment provider for healthcare and other industries. Our platform, ImmediatePay, is designed to avoid system overhauls. We recognize that true flexibility lies in compatibility, which is why we prioritize robust integration.

ImmediatePay is not a traditional healthcare payment platform. Instead, the software is designed to be a simple, nondisruptive layer that connects to your existing infrastructure. This means you can quickly offer new pay solutions:

• Without costly or time-consuming core system replacements
• By integrating directly with your existing payroll, time and attendance, and adjacent platforms
• While minimizing the administrative burden for your HR team
• With a solution proven robust across various high-volume industries

This layered approach ensures a fast launch and makes the solution ideal not only for complex healthcare organizations but also for other high-turnover sectors like retail and hospitality, proving the resilience of the core technology across the board.

Try Our On-Demand Payment Platform for Your Healthcare Business

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Financial wellness is the nonnegotiable component of a competitive compensation package that top talent expects. Immediate provides a low-cost, low-risk healthcare EWA solution that is built to put employees first, helping you transform financial stress into staff retention.

Ready to see the measurable impact our solution can have on turnover and engagement? Book a demo today or contact our team to learn more.