Labor Productivity

Optimize labor costs and improve staff productivity.

Labor costs make up the single, most expensive cost driver for healthcare provider organizations. To help you gain control over labor spend and productivity trends, MedeAnalytics Labor Productivity analyzes payroll, census, time and attendance, and budget data. Patterns in metrics like nursing hours per patient day and skilled staffing mix enable you to address costly staffing variances, optimize productivity, and analyze benchmarks-all with the goal of ensuring optimal, cost-effective staffing that meets the needs of your patients.

  • Analyze labor costs compared to budget and productivity

  • Identify and quantify opportunities from skill mix, wages, productivity, and overtime, contract, and premium labor

  • Compare worked and paid FTEs vs budget and flex targets

  • Align department leaders to organizational strategy with interactive department scorecards

  • Ensure optimal staffing based on productivity targets and patient volumes

  • Evaluate nursing hours per patient day and other productivity measures

  • Ensure appropriate nursing skill levels in the ICU, ED, and other departments

  • Analyze all labor types including clinicians, maintenance staff, and administration

  • Reduce overtime and ensure efficient agency usage

  • Aggregation

    Aggregated labor and productivity data enables you to reduce spend while optimizing labor resources.

  • Interpretation

    Metrics like nursing skill mix ratios and hours per unit of service offer insights into ideal productivity and labor spend.

  • Transformation

    Comparing nursing hours per patient day to patient volumes helps you meet patient needs while making the most of every labor dollar.

Trend productivity at any level (corporate, facility, individual departments).

Trend productivity at any level (corporate, facility, individual departments).

Identify changes in year-over-year skill levels.

Identify changes in year-over-year skill levels.

Compare corporate and department staffing levels to target (earned) FTEs.

Compare corporate and department staffing levels to target (earned) FTEs.

Key Performance Indicators

  • Nursing hours per patient day
  • Overtime hours and spend
  • Hours per unit of spend targets and benchmarks
  • Departmental productivity index
  • Nursing skill mix analysis
  • Adjusted flex budget analysis
  • Daily census actual vs. target
  • Detailed, drill-down data on every employee