Details How Healthcare Providers Can Leverage Technology to Streamline Processes, Reduce Costs to Support Delivery of Cost-Efficient, Quality Healthcare
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CyberShift, a global provider of workforce management and expense management software and services, today announced the availability of its most recent white paper, “Healthcare Providers: Workforce Optimization and Expense Management Initiatives for Healthcare Organizations.” The paper examines how healthcare organizations can reduce costs, increase efficiencies and maintain quality care with technology-based workforce management and expense management solutions.
Most people can agree that healthcare costs have spiraled out of control, impacting both individuals and healthcare providers. Many long-standing healthcare providers struggle to survive and, according to a recent Kaiser Family Foundation survey, more than half of American households have cut back on healthcare due to finances. While reform is being debated by the media and politicians, and the current administration declares the status quo unacceptable, healthcare providers are left to find their own ways of controlling costs while providing quality care.
Labor and employee business costs make up a large part of a healthcare provider’s operating budget so controlling these costs is crucial. An automated workforce management solution enables organizations to manage diverse and mobile workforces, control overtime, streamline employee scheduling, integrate with payroll systems and comply with government regulations, employee policies and union rules.
“Healthcare organizations are challenged to make quality, affordable care available, while at the same time, maintain their own financial health. An automated workforce management system can help organizations cost-effectively meet changing demands without compromising services,” Art Krozser, vice president, Enterprise Services and Global Support at CyberShift. “There are significant advantages — fiscally and in terms of quality of care — in having the right people with the right skills in the right place at the right time.”
An automated workforce management solution provides visibility into whether scheduling certain employees will result in unnecessary overtime or require employees to work beyond what is considered safe or within contractual guidelines. Other benefits of an automated solution are efficient management of a diverse and distributed workforce, including salaried, hourly and contingent staff, a reduction in payroll preparation time and improved payroll accuracy by 1 to 6 percent of gross payroll. Additionally, employees can be given access to online schedules and other self-service functions, increasing employee satisfaction.
Equally important is another large cost for healthcare organizations: employee business expenses. These expenses include not only travel and entertainment but also costs such as mobile phones and offices supplies. Automating the processing of employee expense management — from pre-authorization and approval to post-payment reporting and analysis — is another way that healthcare companies can control escalating costs.
CyberShift’s award winning, 100 percent Web-based workforce management and expense management solutions are ideally suited for mid-size to large, complex enterprises. CyberShift offers unparalleled flexibility in its software delivery models, offering the identical solutions through the popular multi-tenant Software-as-a-Service (SaaS) delivery model or in-house. These solutions significantly improve business efficiencies, thus enhancing performance and increasing profitability.
CyberShift’s complimentary “Healthcare Providers” white paper can be downloaded from http://www.cybershift.com/Healthcare.
Matt Lafata, HRchitect
Posted by mattlafata 
