Tag: "hospital staff experience"

Taking the Fear out of Hospital Productivity

Taking the Fear out of Hospital Productivity

By Eric Dam, MHA, Principal, Labor Cost Management, Compass Clinical Consulting: In interviews conducted with senior Chief Financial Officers of hospitals it is abundantly clear that there is a fear to pursue improved productivity / Labor Cost Management. Many hospital leaders, especially in the non-profit sector of the healthcare industry, fear productivity or are otherwise reluctant to pursue a formal productivity assessment and coordinated program to improve their labor cost management.