Human resources professionals encounter a large amount of data every day. When used correctly, this data can help increase profits and even generate revenue. The term for this deep dive into your HR data is using "HR analytics." HR analytics is defined as the interpretation of metrics for various HR-related functions. Examples of this can include training expenses per employee, the time it takes to hire a candidate or the time it takes to promote an employee.
Topics: VISTA, workforce optimization
Increasing productivity at a hospital is no small undertaking - especially given the current physician shortage impacting the healthcare industry. If there are too few clinicians available to treat patients, morale sinks, which negatively impacts productivity. But if the supply of clinicians exceeds demand, the resulting inefficiency can erode already-thin profit margins.
Topics: Industry Updates, Facilities & Practices, HR, Recruiting, Labor Strategy, Staffing Technology, workforce optimization
A talent strategy is one of the most powerful tools in an HR leader's arsenal. An effective talent strategy will help a hospital survive and thrive by attracting and retaining top-tier employees. But a talent strategy will never be as effective as it could be unless you optimize your workforce. Below is a look at the critical role of workforce optimization, a necessary tool for a talent strategy to truly succeed.
Topics: Facilities & Practices, Staffing Technology, workforce optimization
Over the past few years, telehealth has surged in popularity. Around 76% of hospitals are already using this technology, connecting with patients from a distance to help monitor their vital signs, symptoms, and current health needs.
Topics: workforce optimization, Telehealth
Consider the fact that, according to Forbes, high performers are as much as 800% more productive than their colleagues. And they cost the same as any other employee.
Topics: Interview/Hiring Tips, Recruiting, workforce optimization
Patient satisfaction is inextricably linked to the financial stability of a healthcare organization. Patients have learned that they have choices in selecting their providers and have developed a low tolerance for service that does not meet their expectations.
Topics: Facilities & Practices, HR, Staffing Technology
Across all types of healthcare organizations, clinician vacancies have both direct and indirect costs. For hospitals and medical practices, physician vacancies can impact a variety of areas, including revenue, patient experience, quality of care and more. In this post, we will explore all the direct and indirect costs of these vacancies in depth.
Topics: Facilities & Practices, HR, Recruiting, Labor Strategy
Not a moment too soon, optimizing the patient experience has become a top priority for many healthcare providers across the nation. As medical practices focus on providing patients with the proper level of support, the providers improve outcomes across the board.
Topics: Facilities & Practices, HR, Staffing Technology
Thanks to a variety of advanced technologies, today's organizations in all industries have access to data that can help them make informed business decisions designed to drive growth.
Cold and flu season puts a strain on every organization that requires staff in order to operate. Hospital and healthcare facilities feel this strain more than most. Sick healthcare workers are not only less efficient than well ones, but can also put vulnerable patients at risk.
Topics: Facilities & Practices, HR, Recruiting, Labor Strategy
