Labor Productivity
Labor makes up the most expensive cost driver for health systems. To help you gain control over labor spend and productivity trends, Labor Productivity analyzes payroll, census, time and attendance, and budget data. Metrics like nursing hours per patient day and skilled staffing mix enable you to address costly staffing variances and optimize productivity, all with the goal of ensuring optimal, cost-effective staffing.
Optimize Labor Costs and Productivity
Reduce inefficient labor usage
Optimize staffing levels and skill mix for patient care
Analyze overtime, contract, premium, and agency costs
Let Your Data Tell the Story
Labor Productivity was designed to help you analyze labor data to ensure productivity and cost-effective staffing that meets the needs of your patients. The data enables you to gain a full picture of labor productivity and ensure staffing costs fall within budget parameters. See what our clients have achieved:
Reduced labor costs
Improved spending and benchmark analysis
Quality care improvements with appropriate staffing
Faster Insights for Better Outcomes
As the largest cost driver, labor is a prime target for cost analysis. You can address the root causes of costly labor, ensure appropriate nursing skill levels, and analyze all labor types including clinicians, maintenance staff, and administration. Labor Productivity enables you to:
Right-Size Staffing
Avoid understaffing and overstaffing despite labor shortages and changing patient volumes.
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Allocate Dollars Efficiently
Make sure you are putting employees to work where they are needed. You can reduce overtime and contract labor, reallocate existing staff, and find and address unproductive departments.
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Meet Enterprise Goals
Analyze your data to meet organizational needs and align with budget targets by maximizing value from highly productive areas and evaluating staffing benchmarks.
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Analytics in Action
Our intelligent platform and intuitive user interface make it easy to unlock the value of your data. Click through the screenshots below to see how we bring meaningful insights, powerful visualization, and analytics innovation to facilitate even smarter decision making.
