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Live Webinar
on
Dramatically Improving the Hospital's Bottom Line Through Effective Labor Management
Date & Time: Thursday, November 1, 2012
10:00 AM PDT | 01:00 PM EDT
Duration: 90 Minutes
Instructor: Steven Berger
Location: Online
Price : $195.00
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(for one
participant)
Instructor Profile: Steven Berger Founder & President, Healthcare Insights, LLC
Overview: Labor is the costliest expense for any hospital. According to national benchmarking statistics, a leading metric indicates that 50% of not-forprofits spend slightly more than 50% of their total revenues on labor. By itself, this means nothing. But compared to some for-profit systems, the not-for-profits are spending 20% more on labor. That is an astounding difference and represents a significant competitive disadvantage. How is it possible that some hospitals can spend significantly less than other hospitals when they are doing essentially
the same jobs and they have essentially the same or better clinical outcomes? This class is designed to present ways in which every hospital can design labor processes to improve their labor costs without sacrificing quality. Case studies will be presented that will highlight the areas that can be addressed to dramatically improve the labor cost outcomes without sacrificing quality or satisfaction.
Areas Covered in the Session: In this class, the participants will learn to: l
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Recognize the importance of utilizing the "labor ratio" to set labor goals Determine the best practices in labor productivity and labor management in the healthcare industry Understand the differences between labor "rate" variances and "efficiency" variances and how they can be used to significantly improve the use of labor to meet organizational goals
Steven Berger is President of Healthcare Insights, LLC, which specializes in the teaching and consulting of healthcare financial management issues. In addition, Healthcare Insights has developed INSIGHTS, a management accountability and decision support software solution for the healthcare industry. Prior to his role at Healthcare Insights, Mr. Berger was Vice President, Finance for seven years at 250- bed Highland Park Hospital in suburban Chicago, Illinois. Before Highland Park Hospital and since 1978, he has been a hospital or health system finance officer in New York, New Jersey and Missouri. ....more
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Who Will Benefit:
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HospitalCEOs HospitalCOOs
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HospitalCFOs
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It would be really nice if you can circulate this mail to all your deserving colleagues who can immensely benefit from this program. For more information, please contact the event coordinator. We look forward to seeing you at the webinar. Best regards, Event-coordinator MentorHealth
About MentorHealth MentorHealth is a comprehensive training source for healthcare professionals. Our trainings are high on value, but not on cost. MentorHealth is the right training solution for healthcare professionals. With MentorHealth, healthcare professionals can make use of the best benefits relating to their professional training. MentorHealth www.mentorhealth.com 1000 N West Street Suite, 1200 Wilmington DE 19801 Phone: 800-447-9407 or Fax your PO to: 302-288-6884 If you do not wish to receive this training alerts from MentorHealth Click Unsubscribe