Productivity Improvements Yield Extraordinary Return on Investment
We assist hospital leaders in achieving better clinical performance at lower cost by utilizing productivity processes and management tools that ensure sustainable gains, year after year – amounting to multiple millions of dollars that can be utilized to strengthen the entire organization. The infusion of accountability for hitting targets accelerates the implementation and overall change process that leads to immediate and long-term success.
Even if you do not have consulting dollars built into your current budget, the typical savings of at least 3% to 5% on payroll expense more than compensates for the consulting cost (an ROI minimum of 10:1).
What if You Already Have a “Productivity System”?
Compass Clinical Consulting can either develop a new productivity system or work with your current system to close the gaps in implementation, reaffirm targets in specific areas, and link labor cost management to the budgeting process. Our process provides the education, personalized coaching and skills development on the use of management tools to reduce anxiety, resistance and turmoil.
Compass Labor Cost Management Services
- Comparative data review and target setting
- Comprehensive, interviews, assessment and implementation plans
- Implementation and milestone reviews with project teams
- Final project report with key learnings
- Annual progress checkup
Call Shawna O’Neill or Eric Dam about Hospital Labor Cost Productivity at (513) 241.0142.
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