4 Keys to Effective Productivity Monitoring to Control Labor Costs

Critical elements to ensure effective productivity management in your healthcare organization

Many organizations struggle to deliver meaningful productivity analytics to the department level managers whose staffing decisions drive labor utilization and costs. Typically, it is the underlying assumptions used in target staffing calculations that are challenged – workload drivers don’t reflect reality, or efficiency benchmarks aren’t comparable or achievable given current constraints. Unfortunately for many organizations, their ability to streamline or efficiently adjust these key drivers is limited by rigid point solutions or tedious stand-alone Excel modeling. In the following pages, we’ve outlined 4 keys to ensure effective productivity management in your healthcare organization.