Announcing our partnership with Patchwork
We are thrilled to announce our new partnership with Patchwork, a workforce pioneer which collaborates with hospitals to solve the NHS staffing crisis. The partnership will enable clinicians booking shifts through the Patchwork app to track and access their earned wages when they need it.
The partnership will help to further our collective mission to bring greater financial flexibility and empowerment to the NHS Workforce. Incorporating Wagestream into the Patchwork platform means clinicians can choose when and how often they get paid, keep track of their earnings in real time, and access budgeting tools. The collaboration aims to bring greater financial empowerment and wellness to thousands of healthcare workers and to solve the NHS staffing crisis.
Increasing flexibility for NHS staff
Patchwork is already used across 30 NHS hospitals by over 10,000 clinicians and the platform has facilitated 1 million shift hours since launch. By integrating with Wagestream, NHS clinicians booking shifts through the Patchwork app will now be able to access their wages as soon as they’ve been earned and access financial education in real-time, providing additional support to a vital community of clinicians and staff.
Saving the NHS millions in agency fees
By enabling to staff to easily book bank shifts and access the wages earned from those shifts instantly, we hope that the partnership will encourage more clinicians to book their shifts through their hospital bank. This will help save the NHS millions in agency fees, something we’re already seeing with our existing NHS clients.
Dr Anas Nader, doctor and Patchwork CEO said of the partnership:
“Adding the power of Wagestream to our platform is another step towards creating a more flexible, streamlined, and dynamic working reality for NHS clinicians. We are seeing increasing numbers of healthcare workers leave the NHS citing poor work-life balance. Our technology is trying to redress this trend whilst removing the traditional financial burdens that temporary staffing can place on Trusts.
“Offering temporary health workers financial stability is incredibly important and a crucial move towards parity of experience between contracted and flexible staff. We conducted a thorough review of the market and it was clear that Wagestream not only offered the best product, but that they also shared our values. We are both looking to reduce friction, increase empowerment, and create a progressive working world that works for everyone.”
Our CEO, Peter Briffett, said:
“The opportunity to partner with Patchwork enables us to continue to deliver our mission of providing financial flexibility and giving clinicians within the NHS greater control: connecting flexible pay as an important pillar in the wider move towards flexible work.
“The financial wellbeing of NHS staff is of paramount importance and through this partnership we see the opportunity to increase financial stability and freedom for healthcare clinicians.”
The Wagestream solution is now being rolled out nationally and is available to all Trusts who use the Patchwork app to book shifts. For trusts already working with Patchwork, implementation will be simple meaning they can start feeling the benefits of the partnership almost immediately.
For information on what Wagestream and Patchwork can do for your trust, get in touch.