How do you plan to recruit and retain the best hospital staff? How severely is the ongoing nurse staffing shortage affecting patient care and impacting labor expenses in your hospital? What more can you do to develop an engaged, energized workforce? How do your productivity levels compare with your competitors and best practice organizations? And what changes can you make to improve productivity levels as well as employee satisfaction?

Every healthcare executive should ask themselves these burning platform questions. With healthcare costs rising exponentially, reimbursements falling, and acute care patient volumes declining, the pressure to reduce costs is as critical as ever. Labor expenses typically comprise the largest expenditure, making it a prime area for significant opportunities to reduce costs and increase productivity.