Prospect Tool

What does managing students actually cost you?

Adjust the inputs below to model your organization’s real cost — and what you save with a clinical placement management system.

Net Benefit
annual savings
ROI
return on software cost
Payback Period
months to break even
Cost Per Student
with system vs. without

Talent Pipeline Impact

A structured clinical placement program converts more students into hires — reducing your recruitment spend and accelerating workforce development.

Additional hires enabled
Hiring cost savings
Operational Inputs
Students / learners per year 1,000
1005,000
Staff hourly rate (loaded) $50
$25$100
Annual software cost $50,000
$10k$200k
Hours Per Student — Without System
Scheduling 1.0 hrs
0.0834 hrs4 hrs
Onboarding requirements 1.0 hrs
0.254 hrs
Affiliate agreements 1.0 hrs
1.0010 hrs
Communication 1.0 hrs
0.254 hrs
Hire Conversion Inputs
Conversion rate — without system 2.0%
0.5%10%
Conversion rate — with system 5.0%
0.5%15%
Acquisition cost per new grad hire $12,500
$2.5k$30k
System Time Reduction

The system reduces hours per task. Adjust how much time the platform saves on each activity.

Time reduction — Scheduling 75%
10%90%
Time reduction — Onboarding 75%
10%90%
Time reduction — Agreements 67%
10%90%
Time reduction — Communication 75%
10%90%
Side-by-Side Comparison
Metric Without a System With Clinician Nexus
Hours per student (total)
Total staff hours (all students)
Total staff cost
Hiring cost savings (avoided)
Software cost $0
Total Net Cost

Resources

What People Think AI Will Do to Physician Compensation (And What It’s Actually Doing)

The most effective uses of AI aren’t replacing expert judgment. Instead, they’re removing the manual work that keeps compensation teams stuck in reactive mode.
Read More

Clinician Nexus Launches Next-Gen Physician Compensation Management Platform

For years, health systems have managed increasingly complex compensation models with spreadsheets, fragmented systems, and manual reconciliation. The result is slow reporting, limited transparency, and constant operational friction. CM2 changes that.
Read More

Are You Problem-Oriented or Solution-Seeking?

As compensation professionals, we've built our expertise around answering complex questions. However, there's a fundamental pattern we need to examine...
Read More

Why Compensation Plan Software Isn’t Working (Yet) in 2026

Your compensation team isn't doing it wrong – most tools were just never built for how compensation actually works. We've broken down what compensation teams are starting to expect instead.
Read More
View More Resources