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Case Study: Reducing Labor Costs without reducing FTE’s
Workforce Rx, June 9, 2009
As hospitals struggle with the burdens of volume variability, declining reimbursements and economy induced payor mix erosions it has become increasingly important that they discover new ways to reduce expenses without undermining access to labor.
Read how one hospital has reduced labor spending by the equivalent of 50 FTE's per year without reducing hours, pay rates or staff.
To discover how much labor waste your organization has, go to: http://www.workforcerx.org/recaptureCalculator.php
To check your hospital's Pay IQ go to: http://www.workforcerx.org/payIQ.php
BY:
Workforce Rx
www.workforcerx.org
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