Payroll-Based Journal for Healthcareadmin2018-08-13T17:40:33-07:00
Payroll-Based Journal for Healthcare
Tackle workforce challenges, and expertly manage your workforce in long-term care with a solution that supports your business goals, compliance needs, and variable hour scheduling challenges. Automate payroll-based journaling (PBJ) processes. Manage schedules for optimal staff coverage. Receive alerts when employees approach overtime. Replace absent workers quickly.
For a Northwest continuing care retirement community, processing payroll for its 600 employees once took four full days, twice every month. Scheduling for the 24-hour operation with multiple shifts was done manually using a spreadsheet posted on 11×17 inch paper.
Tracking overtime, on-call shifts, and paid time off (PTO) for full-time, part-time staff was also a problem. Thanks to automation, the facility is now able to focus less on pushing paper, and more on its mission of providing residents, staff, and family members with high quality care services.
It’s estimated that labor costs made up 60 percent of healthcare facility budgets in 2013. With 32 million people newly insured under the Affordable Care Act, healthcare facilities continue to face escalating labor expenses—and a larger aging population suggests long-term healthcare organizations could be hit hardest. This paper examines four key healthcare labor trends facing long-term healthcare, cost-effective technology solutions for controlling labor costs, and key features to help effectively manage labor budgets.