The document discusses balancing labor costs and quality patient care. It describes issues impacting the healthcare industry like reductions in payments and increasing costs. It outlines a workforce management solution using a labor productivity tool to track efficiency, identify variances, and make recommendations. The solution helped a 300-bed hospital reduce premium labor costs by $400,000 in the first year and improve labor productivity by $1.8 million with an ROI of 5 months. Within 2 years it led to reductions in premium labor costs, FTEs, and labor expenses.
Today's companies must begin to look at employee health, not as a cost, but an investment. Data show conclusively that the health status of a company's employees is directly correlated to the profitibility and competitiveness of the company. This is not an American challenge, but a global challenge and responsibility. This was a keynote address to a dozen major US corporations in May, 2008. I'm happy to discuss with anyone of interest.
How to Navigate an EHR Implementation LifecycleLarry Kaiser
An EHR system is a lifetime investment, and it requires planning, budget, resources, and tools for long-term success. At Optimum Healthcare IT, we believe that the EHR Implementation Lifecycle consists of six stages: Strategic Planning, Design, Build & Test, Interoperability, Training & Activation, and Post Go-Live. Do you know how to navigate this lifecycle? Where does your organization fit into this lifecycle?
Today's companies must begin to look at employee health, not as a cost, but an investment. Data show conclusively that the health status of a company's employees is directly correlated to the profitibility and competitiveness of the company. This is not an American challenge, but a global challenge and responsibility. This was a keynote address to a dozen major US corporations in May, 2008. I'm happy to discuss with anyone of interest.
How to Navigate an EHR Implementation LifecycleLarry Kaiser
An EHR system is a lifetime investment, and it requires planning, budget, resources, and tools for long-term success. At Optimum Healthcare IT, we believe that the EHR Implementation Lifecycle consists of six stages: Strategic Planning, Design, Build & Test, Interoperability, Training & Activation, and Post Go-Live. Do you know how to navigate this lifecycle? Where does your organization fit into this lifecycle?
The Health Payer Council, headed up by Roger Green and Associates, Inc. (RG+A) takes a look at the perceptions medical directors and pharmacy directors of different cost management and payer strategies. Take a look.
What should you know about Employee Wellness Programs in 2014 and Beyond? We've released an infographic, which provides an overview of the different types of wellness programs and their benefits, as well as a look at the trends among employers across the country regarding employee health and wellness.
Total Well-Being is the nation’s leading provider of Personalized Corporate Well-Being. Our solutions yield sustainable engagement and behavior change – resulting in managed healthcare costs.We develop a custom wellness strategy that is tailored to optimize your unique culture and your employee’s health, happiness, and productivity.
LEADERSHIP for DRIVING SAFETY OUTCOMESLloyd Hanson
Looking to foster a culture that embeds safe performance – requires a leadership team that understands the key components for driving sustainable performance outcomes.
Additionally, A bottoms-up focus should be the underlying strategy for starting the conversation – for defining a cross-cultural collaborative process for entertaining all stakeholders
ideas. There needs to be a defined “Vision” for what the ideal culture will look like 3-5 years out – to be able to establish a platform for guiding the conversation on moving a process
forward to institutionalize a consensus – stakeholder direction.
The full integration of the key components for sustainable performance outcomes – has more to do with the application that will embrace a clear understanding of the current culture
and incorporating safe performance as a core company value.
Many companies fall short on taking the time to evaluate the current state of their safety process initiatives, provide the organizational freedom to engage the collective voice of
operations leadership – to set the tone/expectations for what milestones demonstrate that safe performance has become part of the thinking logic of hourly and executive leadership.
A critical evaluation gap analysis process - is a starting point for understanding fundamental differences of various stakeholders (management/hourly) in how each level of stakeholder
will be positioned to effect change and measured to determine the effectiveness level of engagement.
Benefit Commerce Groups Neutralizer-Health Plan StrategyRonald Lain
BCG's Trend Neutralizer is a proven
program that guarantees a
reduction in your medical trend
costs, based on the level of your
company’s participation in
various health plan best
practices.
As healthcare costs rise for employers and employees, one of the trends that has been reshaping the market is that of defined contribution—specifically through a defined contribution marketplace. With an average savings per employee of 9.1%, the benefits to employers is immense. See how defined Contribution is changing the healthcare and benefits marketplace as we know it.
MIPS is here. Are You Ready? CareOptimize Is.
See how the MIPS Management Solution empowers practices like yours to:
1. Know provider scores in real-time and compare those to your peers across the country
2. Provide scorecards for each MIPS category
3. Model different scenarios to determine your highest MIPS score
4. Automatically submit to CMS
5. Choose which level of assistance is best for your organization
... And More!
The Surprising ROI of Employee WellnessMedgate Inc.
If you see wellness programs as a nice-to-have, but not core to your employee health programs, you could be missing an opportunity to greatly improve your company’s bottom line. If you structure the program properly, show commitment, and promote it well, you could make huge cost savings while improving the overall health of your employees and their families.
In this case study webinar, Johnny White, Benefits, Medical and Wellness Leader at Logan Aluminum, will showcase the striking successes of its wellness program, which has been in place for over 20 years.
At Logan, the wellness data is so rich that their healthcare benefits provider has renewed at less the half the national average increase for thirteen years running. Logan’s employees make no contribution towards this coverage. That Logan is able to make these huge compound savings in a state that consistently ranks in the bottom ten for public health indicators makes it all the more remarkable.
Live Audio Conference on Managing Resources and Length of Stay: The New CMS Efficiency Measure by Toni Cesta - Identify strategies for managing your cost per case.
The Health Payer Council, headed up by Roger Green and Associates, Inc. (RG+A) takes a look at the perceptions medical directors and pharmacy directors of different cost management and payer strategies. Take a look.
What should you know about Employee Wellness Programs in 2014 and Beyond? We've released an infographic, which provides an overview of the different types of wellness programs and their benefits, as well as a look at the trends among employers across the country regarding employee health and wellness.
Total Well-Being is the nation’s leading provider of Personalized Corporate Well-Being. Our solutions yield sustainable engagement and behavior change – resulting in managed healthcare costs.We develop a custom wellness strategy that is tailored to optimize your unique culture and your employee’s health, happiness, and productivity.
LEADERSHIP for DRIVING SAFETY OUTCOMESLloyd Hanson
Looking to foster a culture that embeds safe performance – requires a leadership team that understands the key components for driving sustainable performance outcomes.
Additionally, A bottoms-up focus should be the underlying strategy for starting the conversation – for defining a cross-cultural collaborative process for entertaining all stakeholders
ideas. There needs to be a defined “Vision” for what the ideal culture will look like 3-5 years out – to be able to establish a platform for guiding the conversation on moving a process
forward to institutionalize a consensus – stakeholder direction.
The full integration of the key components for sustainable performance outcomes – has more to do with the application that will embrace a clear understanding of the current culture
and incorporating safe performance as a core company value.
Many companies fall short on taking the time to evaluate the current state of their safety process initiatives, provide the organizational freedom to engage the collective voice of
operations leadership – to set the tone/expectations for what milestones demonstrate that safe performance has become part of the thinking logic of hourly and executive leadership.
A critical evaluation gap analysis process - is a starting point for understanding fundamental differences of various stakeholders (management/hourly) in how each level of stakeholder
will be positioned to effect change and measured to determine the effectiveness level of engagement.
Benefit Commerce Groups Neutralizer-Health Plan StrategyRonald Lain
BCG's Trend Neutralizer is a proven
program that guarantees a
reduction in your medical trend
costs, based on the level of your
company’s participation in
various health plan best
practices.
As healthcare costs rise for employers and employees, one of the trends that has been reshaping the market is that of defined contribution—specifically through a defined contribution marketplace. With an average savings per employee of 9.1%, the benefits to employers is immense. See how defined Contribution is changing the healthcare and benefits marketplace as we know it.
MIPS is here. Are You Ready? CareOptimize Is.
See how the MIPS Management Solution empowers practices like yours to:
1. Know provider scores in real-time and compare those to your peers across the country
2. Provide scorecards for each MIPS category
3. Model different scenarios to determine your highest MIPS score
4. Automatically submit to CMS
5. Choose which level of assistance is best for your organization
... And More!
The Surprising ROI of Employee WellnessMedgate Inc.
If you see wellness programs as a nice-to-have, but not core to your employee health programs, you could be missing an opportunity to greatly improve your company’s bottom line. If you structure the program properly, show commitment, and promote it well, you could make huge cost savings while improving the overall health of your employees and their families.
In this case study webinar, Johnny White, Benefits, Medical and Wellness Leader at Logan Aluminum, will showcase the striking successes of its wellness program, which has been in place for over 20 years.
At Logan, the wellness data is so rich that their healthcare benefits provider has renewed at less the half the national average increase for thirteen years running. Logan’s employees make no contribution towards this coverage. That Logan is able to make these huge compound savings in a state that consistently ranks in the bottom ten for public health indicators makes it all the more remarkable.
Live Audio Conference on Managing Resources and Length of Stay: The New CMS Efficiency Measure by Toni Cesta - Identify strategies for managing your cost per case.
Transform Your Labor Cost Management Strategy: Introducing the Health Catalys...Health Catalyst
Labor costs encompass nearly 60 percent of the typical healthcare budget and are growing faster than healthcare systems can afford. COVID-19 responses only exacerbated this financial pressure. Controlling escalating labor costs means eliminating waste and using data to find where budgeted staffing hours exceed or fall short of patient needs. Most organizations have the wrong tools to understand labor demands and instead try to guess future patient volumes and staffing needs by using retrospective data that lacks timeliness.
The Health Catalyst PowerLabor application leverages augmented intelligence (AI)-powered forecasting capabilities to deliver accurate labor data to operational leaders. With timely workforce insight, health systems can close the gap between staff budgeting and future patient volumes, control labor expenses, and track progress toward budget and staffing targets.
Join John Hansmann, Senior Vice President of Strategic Consulting Operations at Health Catalyst, and Sean Latimer, Senior Director of Product Management at Health Catalyst, as they demonstrate how PowerLabor can help your organization increase productivity while ensuring resources for excellent patient care.
What You’ll Learn About PowerLabor:
• View Comprehensive Labor Data in One Place: Department and unit managers can analyze labor costs with an integrated view of all labor productivity data, including cost and hours, by system, location, department, team, and job role in one location.
• Proactively Schedule to Volume: With a complete view of categorized labor hours in relation to costs (e.g., contracts, premiums, overtime, and staffing mix), decision makers can easily identify labor trends, comparisons, and rollups across departments to accurately predict labor needs, plan for changes in staffing, and optimize staff to patient ratios.
• Drive Adoption with Expert Guidance: To maximize the PowerLabor application, Health Catalyst experts help categorize and refine data through an initial assessment and data integration from multiple data sources (e.g., EMR, billing, HR/payroll, time and attendance, and general ledger). Our implementation teams also provide train-the-trainer sessions to drive the most effective adoption.
Total Quality Management in HealthcareGunjan Patel
Now days, Healthcare systems are of fundamental interests to all level of Hospitals in our societies. Eventually, increasing importance and reliance are placed on total quality management in healthcare systems. Due to this rising importance that is also reflected in the increasing percentage of national and international resources for both private and public sector to allocated in hospital management systems. Hospitals and other healthcare organization across the globe have been progressively implementing TQM to reduce costs, improve efficiency and provide high quality patient care.
REPORT: How healthcare systems are optimizing their workforceMichele Ertl-Rosner
Healthcare industry survey and research showcase the most effective workforce management initiatives and key success factors. Features customer success stories focused on patient centered care and staffing.
Streamlining Your Medical Practice for Profitability and SuccessConventus
Conventus webinar video providing key success strategies and tactics for improving productivity, profitability, and patient care. The one-hour video features host Susan Lieberman of Conventus and Stevie Davidson of Health Informatics Consulting.
Quality Medical Care presentation made to a major Pharm mfgr in 1998 at a national meeting. Purpose is to explain how pharm company could use gov mandates to add value to contracts with MCOs.
1. Balancing Labor Costs With Quality Patient Care Michael Bernstein Health Care Director Moss Adams LLP April 23, 2009
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4. Issues Impacting the Health Care Industry Reductions in Federal & State Payments Reductions in Insurance Payments HIPAA Consumer Expectations Quality Initiatives Information Technology Liability Insurance Community Needs Sales & Use Tax Increases Increasing Wages and Benefits Pharmaceuticals Physician Shortages Labor Shortages Corporate Compliance Aging Plant & Equipment Medical Technology Providers Organized Labor Patient Safety Uninsured State Mandated Staffing
5. Daily Balancing Act Quality Patient Care (Proper Staffing Levels, With Skills, State Mandates, and JCAHO) Labor Cost (Control in-house labor costs; use Agency workers effectively) Employee Satisfaction (Keep physicians & nurses happy (and retain them) by not overburdening them) Quality Healthcare
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Editor's Notes
When you look at a hospital environment you need to think about who is managing all 3. How often do your managers need to settle? Which of these is the area that the hospital is willing to settle on??? However, not getting all 3 things right in a hospital environment is UNACCEPTABLE!
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