Cutting Labor Costs: 4 Key Metrics for Optimal Staffing

VIew on demand

Presenters: Dr. Karlene Kerfoot, PhD, RN, NEA-BC, FAAN; Gina Gerhart,Client Outcomes Executive; Patricia Baran, Commercial Leader

 

 

An improved staffing model helps to reduce labor expenses and improve quality, impacting your hospital reimbursement dollars through better patient outcomes.

Learn about 4 key workforce metrics, how to measure them, and how to use the data to help your organization optimize staffing decisions - resulting in improved financial, clinical and operational outcomes:

  • Productivity: Monitor productivity real-time
  • Overtime: Avoid overtime before it occurs and control incidental overtime
  • Staff Utilization: Manage premium labor costs and staffing resources across the organization
  • Needs-based Staffing: Achieve optimal staffing levels intra-shift, using real-time acuity data and predictive analytics of ADT

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