We have the expertise to help your organization redefine traditional productivity measures and optimize labor costs.
To gain improved cost intelligence, healthcare finance leaders must critically analyze how costs and productivity are measured within specific departments and for the organization as a whole. One area of focus should be the evaluation of all factors contributing to labor costs, including productivity, premium dollars, and nonproductive time.
Kaufman Hall’s labor and productivity experts help you understand and budget for critical staffing relationships, and develop processes and tools to monitor actual staffing on an ongoing basis.
We have helped hospitals and health systems across the country achieve cost savings equaling 5-8 percent of the labor categories targeted annually. Key impact areas include: changes to skill mix, staffing to current demand, and controlling PTO and positions.