Consultants discuss solutions in workforce management for healthcare.

Healthcare workforce management

Understanding how to use key metrics and benchmarks related to labor productivity and expenses to control labor costs and drive efficiency can be complex. After all, you can’t manage what you don’t measure and act without a strategy. That’s where we come in. We go beyond the metrics, working with you to leverage data to design and implement thoughtful strategies and solutions — custom to your organization — that accelerate measurable and sustainable change.

Labor costs can represent up to 60% of expenditures in your acute care environment

Utilizing a variety of benchmarking data sources — national healthcare productivity databases, research published by professional associations, staffing algorithms, and industry best practice standards to name a few — we provide strategies to reduce labor costs by improving productivity, retention and recruitment, and pay and benefits. Our experts will collaboratively assess and analyze productivity that corresponds to performance measures and meets industry standards. Once key metrics are set, we focus on setting your organization up for future success. That means coaching and mentoring your management teams so they understand what they can do daily to meet their labor management goals. Are you ready to get the most out of your labor costs? Get in touch with our experts and explore our insights below.

Doctor and nurse at work.
March 13, 2024

Staffing to demand: Combating volatility in healthcare

Matching your staffing levels to patient demand is an important factor in controlling costs at your healthcare organization. Consider these four ways to better manage labor costs.
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A comprehensive, sustainable healthcare workforce management strategy is about more than just cutting costs. We’ll collaborate with your leadership to look beyond health analytics and investigate the most substantial factors driving labor costs. From assessing where you stand to creating your best course of action, we partner with you every step of the way so you can sustain what we’ve started and maintain key goals.

  • Maximize appropriate labor management to achieve greater scalability, flexibility, and a significant return on investment.
  • Understand industry and workforce shifts to keep the right jobs in the right places within your organization.
  • Implement a utilization plan to reduce overtime hours and significantly decrease labor expenses while improving staff satisfaction and reducing margin of error in patient care.
  • Leverage benchmarks and analytics to compare to like facilities and stay one step ahead of your competition.
  • Establish governance to monitor productivity performance and make staffing decisions based on recurring data.
  • Make a profitable shift from fee-for service to value-based care by considering the acuity and complexity of your patients to optimize payment from value-based payors and shift from acute care settings to outpatient clinics with the right complement of staff.