Health System Staffing Solutions Guaranteed to Win Approval Across the C-Suite
Many health system executives are concerned about healthcare labor cost reduction and improving operational efficiency. So, if you're looking for innovative staffing solutions that drive significant savings and optimize workforce operations, you've come to the right place.
ShiftMed provides unified healthcare solutions that meet C-suite goals. Before delving into the details of these solutions, let's review some current industry statistics that highlight the demand for comprehensive health system staffing solutions.
According to the American Hospital Association's 2024 Cost of Caring Report, hospital labor costs surged by over $42.5 billion, reaching $839 billion and accounting for nearly 60% of the average hospital's expenses. Hospitals increasingly relied on costly contract labor to fill staffing gaps and ensure care access, spending around $51.1 billion on contracted staff in 2023.
Furthermore, FTI Consulting recently surveyed 200 hospital executives and found that nearly half (49%) believe their hospitals aren't fully prepared to deal with current patient volumes. Not only that 29% have changed their operating model because of potential workforce issues.
How can health systems reduce labor costs and increase efficiency?
Hospitals and health systems can reduce labor costs and increase efficiency by leveraging unified staffing solutions that integrate digital tools with flexible platforms for total healthcare workforce optimization.
What are the benefits of unified staffing solutions in healthcare?
Unified staffing solutions centralize and streamline healthcare workforce management across various departments or facilities. These solutions typically combine on-demand staff, shift management, payroll, recruitment, and communication into one cohesive system, improving operational efficiency, closing scheduling gaps, and maintaining continuity of care.
ShiftMed Unified Healthcare Solutions
By unifying healthcare staffing and workforce management, ShiftMed can help your health system cut costs, improve efficiency, and ensure proper coverage to meet patient care demands.
Critical aspects of our solutions include:
A single platform that creates, adjusts, and tracks staff schedules across departments or locations.
Digital tools that monitor staffing levels, employee availability, and patient needs in real time.
On-demand healthcare professionals who provide clinical support when and where it's needed.
AI and data analytics that predict staffing needs and optimize resource allocation.
Task automation reduces administrative burdens on clinical staff for increased job satisfaction.
Automated payroll and compliance that ensures timely payments and adherence to labor laws.
Cloud-based credentialing makes it easy for workers to manage their required documentation.
ShiftMed Value for Chief Nursing Officers
ShiftMed aligns with a CNO's focus on balancing staffing needs with operational goals, ensuring high-quality patient care while optimizing workforce management.
Staffing Flexibility: Our solutions adjust staffing levels based on patient demand, ensuring health systems can meet care needs during peak times and prevent overstaffing during slow periods.
Cost Efficiency: Our solutions provide direct access to credentialed RNs, LPNs, and CNAs ready to fill scheduling gaps as needed, lowering overtime costs and reducing travel nurse contracts.
Improved Job Satisfaction: Our solutions promote flexible staffing models that balance staff workloads, helping reduce nurse burnout and turnover for a more sustainable workforce.
Informed Hiring Decisions: Fill scheduling gaps with ShiftMed nurses and evaluate them for permanent roles, building a more skilled and cohesive team. Hire the right nurse for free.
ShiftMed Value for Chief Information Officers
ShiftMed aligns with a CIO's focus on driving forward-thinking strategies and technological advancements within a healthcare system.
Data-driven Insights: Analytics and AI-driven tools help predict staffing needs, enabling more proactive decision-making and resource allocation.
Interoperability: Our solutions integrate with existing payroll, scheduling, and HRIS platforms, making it easier to manage shifts, track credentials, and ensure regulatory compliance.
Ease of Use: Staff and administrators can easily navigate our intuitive user interface, reducing their learning curve and improving adoption rates across the organization.
Scalability: Our solutions scale across departments and entire health systems, supporting a CIO's focus on growth and implementing solutions that evolve with an organization's needs.
ShiftMed Value for Chief Financial Officers
ShiftMed supports CFOs in managing labor costs, improving efficiency, and ensuring sustainable financial performance.
Cost Savings: Our solutions reduce the need for expensive travel nurses and overtime by providing access to an on-demand workforce at a lower cost.
Reduced Turnover: Our solutions promote a flexible work environment that increases nurse job satisfaction and higher retention levels.
No Placement Fees: Health systems can hire ShiftMed nurses and healthcare professionals for free, saving money on recruitment costs.
Improved Financial Forecasting: Our workforce technology offers data and analytics, helping predict labor costs, optimize resource allocation, and better manage budgets.
Health System Staffing Solutions Conclusion
Labor costs and operational efficiency are critical concerns for C-suite leaders in today's healthcare environment. ShiftMed's unified healthcare solutions directly address these challenges by providing health systems with the staffing solutions they need to optimize workforce operations, cut costs, and ensure high-quality patient care. Through real-time staffing adjustments, AI-powered insights, and flexible workforce models, ShiftMed offers a comprehensive approach that enhances job satisfaction, reduces turnover, and boosts financial performance.
Schedule a workforce consultation to learn more.