White Paper:
The ROI of a Satisfied Health Care Workforce

Element 2 of the Workforce Management Wellness Series

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The worst recession in a quarter-century. The most extensive changes in federal healthcare funding and regulation in 45 years. A looming mass exodus of nurses reaching retirement age. Significant enrollment increases in Medicaid and other programs for low-income populations: These and other factors are wreaking havoc with the nearly $3 trillion health industry. Together, they represent a prescription for a disastrous bottom line.

But there is a cure.

 
 
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Many hospitals are shoring up the bottom line through labor cost savings achieved by automated workforce management solutions. These tools promote effective use and retention of existing resources and introduce staff-initiated cross-facility staff sharing as a way to boost job satisfaction and reduce high costs of premium-pay contract workers. These same workforce management solutions are also helping the bottom line by improving productivity and reducing time spent on "administrivia."

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