In The News
WRX Announces the Launch of 2 New Service Lines
Posted on: February 27th, 2013 at 12:07 am ESTIn it's continued pursuit of service to its customers, WRx is announcing the launch of 2 new service lines!
EXECUTIVE SEARCH
- Position be AVP, VP or "C" level
- The reasons/causes for the opening are understood and transparent
- The entire leadership team is aware of WRx's involvement
- Charge a single flat rate equal to 10% of anticipated annual compensation
- Guarantee timeframes for interviews and hires
- Provide a written money-back or replacement guarantee (at the customers discretion) if:
- Timeframes are not achieved
- Hire does not happen
- Candidate does not stay a year
- Meet onsite with all affected stakeholders prior to search agreement in order to develop:
- Search process agreement
- Candidate requirements & search parameters
- Timeframes and expectations
- Screening criteria
- Perform NO MORE than 3 simultaneous searches to ensure the quality of customer interactions and delivery of services
REVENUE AUDITS
- Guaranteed returns
- A minimum performance threshold guarantee
- Identification of top 5 opportunities with financial analysis of potential change delta
- Plans for optimization & remediation
- 2 years free onsite implementation post audit
Concerro Adds Labor Analysis Tools from WRx
Posted on: June 24th, 2011 at 4:30 pm ESTConcerro Adds Labor Analysis Tools from
Workforce Prescriptions
Labor Utilization Audit™ and Hospital Pay IQ® Reports Provide Objective Analysis of Labor Efficiency
San Diego, Calif. -- June 28th, 2011 -- Concerro, Inc., the market leader in SaaS-based workforce management and emergency response systems that improve both the quality of life and the bottom line, today announced a partnership with Workforce Prescriptions of Hudson, FL, to license Labor Utilization Audit™, a service designed to discover root causes of labor waste, and Hospital Pay IQ® Reports, the company’s quarterly reports that measure the labor efficiency of hospitals.
By using labor analysis tools to help determine the root causes of labor misalignment, and implementing people-sensitive corrective changes, Concerro is now able to develop and sustain permanent labor cost reductions that help healthcare organizations improve productivity without diminishing capacity.
“Concerro is committed to helping hospitals reduce labor costs and improve efficiency through workforce management systems that leverage resources across an enterprise and create a versatile workforce,” stated Graham Barnes, CEO of Concerro. “These tools are another way for us to help not only our 500+ client facilities, but all hospitals improve labor efficiency by identifying specific labor waste opportunities for potential corrective solutions.”
Concerro will utilize the Labor Utilization Audit methodology to analyze multiple areas of labor performance including the effectiveness of scheduling practices, use of premium pay and agencies, cause of delays in care, impact of policies on labor availability and levels of productivity.
The analysis gathers quantitative, qualitative and statistically-driven data encompassing over 1,500 distinct data points to determine root causes of labor misalignment. Custom reports detail how much labor waste is occurring and why, how much labor waste is recoverable and when, and provide actionable recommendations for creating change-sensitive progress against recapture goals.
“The Labor Utilization Audit identifies an average of $11.4 million in annual waste per hospital and eventually results in over $7 million of realized annual savings,” stated Charlie Dawson, Workforce Prescription’s president and CEO. “This track record, amortized over Concerro’s hundreds of clients, creates the opportunity for Concerro to make a measurable bottom line impact on an entire industry – a thing most companies can only dream about. We are proud of our partnership with Concerro and pleased to have finally discovered a firm with whom we were value aligned. We look forward to working with Concerro in accomplishing our shared vision of ensuring the sustainability of America’s healthcare system.”
Under terms of the agreement, Concerro will also license quarterly updated Pay IQ reports on nearly 3,600 acute facilities in the United States. These reports help hospitals determine their unique Pay IQ score and levels of labor waste – both calculated using algorithms that adjust for differences in reimbursement and cost of living, for individual hospitals. Pay IQ scores range from 80 (challenged) to 140 (genius) and are a validated indicator of the effective use of labor spending. Healthcare leaders can now access their custom Pay IQ report on Concerro’s website for free.
Concerro also utilizes Workforce Prescription’s Hospital Labor Waste Recapture Calculator, which identifies key indicators of labor waste to create an opportunity estimate of an organization’s cost improvements based on care and work processes, resource design, allocation, and productivity and management of the continuum of care.
About Concerro
Concerro is a healthcare Software-as-a-Service (SaaS) company that provides healthcare workforce and emergency response and incident management systems that improve both quality of life and the bottom line by reducing costs through optimization rather than reduction. The company has won numerous awards and recognition, including being named to the prestigious Inc. 5000 for three consecutive years, and receiving Red Herring’s 100 most promising private technology ventures in North America and Best of SaaS Showplace (BoSS) awards. To learn more, visit www.concerro.com, or follow Concerro on Twitter at www.twitter.com/Concerro.
About Workforce Prescriptions
Workforce Prescriptions is an evidence based consulting firm headquartered in Hudson, FL that provides assistance to hospitals desiring to enhance revenues, reduce cost of labor and length of stay, or improve work practices/processes. Workforce Prescriptions focuses primarily in the not-for-profit sector of healthcare in order to assist those organizations whose own mission requires them to take extraordinary risks in order to ensure access to quality healthcare for the neediest of Americans.
Good Samaritan Hospital, Los Angeles Receives National Quality Award for Labor Excellence
Posted on: November 26th, 2010 at 10:58 am ESTThe Paradigm Award was created to honor hospitals that have gone above and beyond in their efforts to foster efficient labor practices without resorting to workforce reductions or dramatic top-down mandates. Knowing how difficult this is, The Paradigm Award was commissioned to encourage the recognition and celebration of institutions who have managed to reach and sustain consistent levels of labor efficiency while illustrating their ability to balance the often contradictory needs of their three main constituencies: their patients, their staff and their need to remain financially viable.
The Paradigm Award is presented to hospitals that have made the greatest measurable strides in improving labor efficiency and done so in a manner that promotes the measurement, governance and sustainability of their results.
"Winning the Paradigm award is no easy feat," claims Charlie Dawson, President of Workforce Prescriptions (a labor utilization consulting firm). "As a member of the Paradigm Award Committee, I can tell you that of more than 100 hospitals that have applied for the award in the past 36 months, only Good Samaritan reached the level of sustainable change necessary to achieve it."
Good Samaritan began its journey to labor excellence with the October 2008 decision to engage Workforce Prescriptions (www.workforcerx.org) in performing a Labor Utilization Audit. The Labor Utilization Audit™ is a service offering designed to allow an acute hospital to identify areas of labor waste/redundancy that can be eliminated without creating a derogatory impact on staff.
"The goal of the audit was to move the organization away from examining how many people were being paid in favor of how they were being paid and for what work," states Dan McLaughlin, VP of Professional Services at Good Samaritan and chair of the initiative. "Our successful outcomes derived from first measuring what mattered then reducing the cost-per-hour of labor and overall labor dependence rather than from attacking people or programs."
Andrew Leeka, Good Samaritan's President & CEO goes on to state, "The creation of sustainable change required the organization to first take a step back and evaluate our current understanding of the processes (and their corresponding measures) that drive labor utilization. It then became easier to address labor waste at the root cause rather than at the visible symptom level. Both the Labor Utilization Audit and the 84 labor competencies of the Paradigm Award Evaluation Process provided us with the ability to focus our efforts on waste reduction and put us in control of driving the results we desired."
Such results of Good Samaritan's efforts are unequivocal. In a deeply challenged payor environment, with a significant level of organized workforce, state mandated staffing ratios and an abundance of uncompensated care, Good Samaritan has managed to create a change in operational bottom line performance of over $7M annually and the emergence of the first true sustainable operational profitability in over a decade. They have done so without layoffs, pay cuts or radical policy changes that mandated program elimination.
"This is exactly what the Paradigm Award is intended to recognize," claims Dean Kristiniak, Paradigm Award Committee member, "finding an organization that has transcended the standard measures of productivity, waste measurement and labor management to arrive at that meaningful destination on the far side of change . . . controllability. We can't wait to write the $10,000 Award Check to Good Samaritan and celebrate their amazing achievement with them!"
About Good Samaritan
Today, Good Samaritan Hospital is more than a community hospital. A world-class academic medical center affiliated with both USC and UCLA Schools of Medicine, Good Samaritan has 408 licensed beds. Recognized as One of America's 50 Best Hospitals 4 years in a row in 2007, 2008, 2009 and 2010 by HealthGrades, Inc. Good Samaritan supports eight Centers of Excellence that focus on advancing the science of medicine while providing outstanding patient care.
For more information about Good Samaritan, go to: http://goodsam.org/about/index.php
About the Paradigm Award
The Paradigm Award was created to honor hospitals that have gone above and beyond in their efforts to foster efficient labor practices without resorting to workforce reductions or dramatic top-down mandates. Knowing how difficult this is, The Paradigm Award was commissioned to encourage the recognition and celebration of institutions who consistently try to balance the often contradictory needs of their three main constituencies:
- Their patients
- Their staff
- Their need to remain financially viable
The Paradigm Award is presented to hospitals that have made the greatest measurable strides in improving labor efficiency.
For more information about the Paradigm Award, go to: http://www.paradigmaward.org/
About Workforce Prescriptions
Workforce Prescriptions is an "evidence based" consulting firm headquartered in Hudson, FL that provides assistance to hospitals desiring to: enhance revenues, reduce their cost of labor & length of stay or to improve their work practices/processes. Workforce Prescriptions focuses primarily in the not-for-profit sector of healthcare in order to "assist those organizations whose own mission requires them to take extraordinary risks in order to ensure access to quality healthcare for the neediest of American's."
The Labor Utilization Audit™ is a service offering designed to allow an adult acute hospital to identify areas of labor waste/redundancy that can be eliminated without creating a derogatory impact on staff. The audit comes with a $1,000,000.00 annual recapture guarantee (to the bottom line) and the average return is nearly $6,400,000.00 without downsizing.
The goal of the audit is to move away from examining, "how many people are being paid" in favor of, "how they are being paid and for what work". Successful outcomes derive from lowering the cost-per-hour of labor and overall labor need rather than from attacking people or programs.
For more information about WRX please visit us at: http://www.workforcerx.org
SOURCE The Paradigm Award Committee
RELATED LINKS
http://www.paradigmaward.org
WRX announces its 2010 Hospital Scholarship Program
Posted on: August 16th, 2010 at 3:54 pm ESTHUDSON, Fla., August. 16, 2010 -- Workforce Prescriptions ("WRX") announced on Monday the opening of their annual Audit Scholarship Program to commence Tuesday, August 17th.
WRX Launches Healthcare Productivity Benchmarking Initiative
Posted on: May 27th, 2010 at 8:27 pm ESTHUDSON, Fla., May. 27, 2010/ -- Workforce Prescriptions ("WRX") announced on Wednesday an open invitation to participate in a research based productivity benchmarking initiative for adult acute hospitals.
- that they be reflective of the actual work driving labor demand, which often isn’t patient volume
- that they are readily comparable between facilities with different volumes, patient types and geographical/payer disparities
- and that they are comprised of data readily available to the average institution.
About Workforce Prescriptions
Latest News
WRX Announces the Launch of…
[Feb 27th '13]
In it's continued pursuit of service to its customers, WRx is announcing the launch of 2 new serv… More…
Concerro Adds Labor Analysi…
[Jun 24th '11]
Concerro Adds Labor Analysis Tools from
Workforce Prescriptions
Labor Utilization Audit&tr… More…
Good Samaritan Hospital, Lo…
[Nov 26th '10]
HUDSON, Fla., Nov. 26, 2010 /PRNewswire/ -- The Paradigm Award Committee (www.paradigmaward.org) … More…
WRX announces its 2010 Hosp…
[Aug 16th '10]
HUDSON, Fla., August. 16, 2010 -- Workforce Prescriptions ("WRX") announced on Monday the opening… More…
WRX Launches Healthcare Pro…
[May 27th '10]
HUDSON, Fla., May. 27, 2010/ -- Workforce Prescriptions ("WRX") announced on Wednesday an open in… More…
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- Operational Effectiveness Audit FAQ
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- Audit Case Study
- Audit Sample Agreement (PDF)
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