Faced with falling revenue and more competition for patient volume, ambulatory surgery center (ASC) leaders are seeking efficiencies across every aspect of the business today. However, most centers are missing opportunities within one of the top three largest line items, along with building rent and medical supplies, that can keep costs in line. That item is human resources (HR).
To remedy this, MedHQ has worked with over 70 healthcare facility partners to find savings that also deliver the benefits of improving employee satisfaction and reducing risk. Through the process, MedHQ gleaned a host of key findings that guided the creation of the MedHQ 10-Point HR Audit (10-Point HR Audit). The 10-Point HR Audit identifies inefficiencies that, when addressed, can result in six-figure savings for a healthcare facility.
Some examples from the 10-Point HR Audit are complex, but some are straightforward. One of the simplest ways to save money is vendor consolidation. Many surgery centers utilize more than 20 vendors to provide support services, ranging from payroll and insurance to hiring, firing and training.
Of course, vendor relationships take time to develop and manage. Bundling services can lead to discounted fees and fewer mistakes, and also save center management hundreds of hours each year.
Click here to download the MedHQ white paper, “10 Ways to Save $10,000 in Human Resources.”
About the MedHQ 10-Point HR Audit
It takes approximately one or two hours for back office staff to gather the information necessary for the 10-Point HR audit. Typical savings = six figures. Request your risk-free 10-Point HR Audit today. If MedHQ fails to identify $25,000 in savings, the audit is free.