Topics: Nursing, Staffing, Labor Expense, Workforce, Productivity, Premium Labor, Staffing, Labor Expense, Finance, Premium Labor, Process Improvement, Efficiency, Performance Improvement, Scheduling, Throughput, Cost Management, Margin Performance
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Full access to this content is reserved for Advisory Board members; we invite you to learn more by contacting us.
After reading this study, members will learn how to:
- Identify two options for improving labor productivity
- Evaluate the opportunity for achieving labor savings without harming other key nursing goals
- Address the key challenges that prevent nursing leaders from meeting labor budget targets
Executive Summary
Nursing leaders balancing productivity mandate with safety needs
The twin pressures of the economic downturn and health reform have placed renewed emphasis on “bending health care’s cost curve.” To control costs and succeed in a leaner environment, hospital and health system leaders are seeking to manage labor costs, creating a mandate to improve nursing productivity. This mandate presents both a challenge and an opportunity for nursing leaders: to enhance nursing productivity while safeguarding care quality, service, and staff engagement.
Save money by meeting existing staffing goals
Center analysis reveals that many nursing organizations can generate millions of dollars in savings by more consistently meeting—not changing—their current staffing targets. To help nursing leaders unlock these savings, this research provides select lessons for cost effectively meeting existing HPPD targets. Many leading nursing organizations are improving nursing efficiency by reducing frontline nurses’ non-value-added time at the bedside. To assist these efforts, this research provides key lessons for engaging the frontline staff in process improvement initiatives.
Access the full study for more information
This study contains the executive summary of the Center’s lessons for improving nursing productivity. Readers are encouraged to use it to identify the productivity lessons of interest, then turn to the The Highly Productive Nursing Organization multimedia presentation for more in-depth information on the individual best practices.
Prudent Options For Enhancing Clinical Efficiency
