Hospital Labor Expense Management: A Superior Approach Hospital Labor Expense Management: A Superior Approach
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Strategic MultiFlex Forecasting is a hospital staff-forecasting algorithm proven to determine the most precise forecasting model possible; by using multiple labor-related charges and
by identifying all mandatory and constant staffing, typically
5 times more accurate than methods usually used.
Without relying upon comparisons to other hospitals that may not operate the same, report the same, have a different case mix, or differing quality standards, all Emproove forecasts reflect a hospital's unique labor performance, while incorporating business changes, and are easily adjusted to achieve any desired goals.
Specifically designed to be easily adjusted to meet administrators' desired targets and goals, all forecasts can be precisely calibrated to appropriately reflect complex business situations, and to stop the "FTE Creep" typically associated with
staff budgeting and mid-year additions.
Rapidly identifying costly inefficiencies and accelerating the discovery of valuable improvement opportunities is signiicantly enhanced by frequently providing managers and administrators more credible, accurate, and comprehensive information, directly contributing to a hospital's bottom line.
Hospital Labor Expense
A Superior Approach
Assessing Hospital Productivity
"The shift to value-based payments was
a hot topic at HFMA's 2015 ANI conference"...
The Key to Transitioning from Fee-for-Service to
"The switch to value-based reimbursement turned the
traditional model of healthcare reimbursement on its head"...
Technology for Precise Staffing Solutions
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