Resource:

Productivity Reporting

Tool

Challenge: Financial Sustainability  

Content provided by AHA Endorsement partner: Kaufman, Hall & Associates, Inc.

With cost management and quality outcomes a greater concern than ever before in the New Era, hospital executives must become more proactive in managing their human resources to ensure they have the right number of professionals staffed in the right department at the right time.

Human resources are a major component of the hospital budget, yet most managers are working reactively when it comes to mapping staff allocation to patient flows.

Gain the Knowledge to Understand Appropriate Relationships Between Volume and Staffing In use at more than 400 hospitals around the country, Kaufman Hall’s Budget Advisor software application has become an invaluable tool for helping finance teams understand and budget for these critical staffing relationships and to monitor their actual staffing through sophisticated productivity reporting on an ongoing basis. Through the Productivity Reporting features of the application, Kaufman Hall is providing hospitals with the ability to:

  • Compare actual vs. target productivity data on a daily or bi-weekly basis
  • Flex resource allocation based on actual volume

 

Budget Advisor produces daily productivity trend reports based on the time parameters defined by the user. The application also allows for performance tracking by department and individual job code.

  • Set productivity targets
  • Flag departments that are out of range to their targets

 

The Productivity Report features build on Budget Advisor’s tradition of delivering value to the health care field

“As a senior management team, we have the responsibility to make sure our teams have the right tools to be successful. Budget Advisor is an effective tool that helps our leadership to understand variances in performance and enables the group to be proactive in managing labor to the actual activity level.”

—Michael S. Flanagan, Senior Vice President and Chief Financial Officer, St. Clair Hospital Pittsburgh, PA

To request a demo of Kaufman Hall’s Budget Advisor, contact Russ Anderson at 847.441.8780 or randerson@kaufmanhall.com.