ALTIUS is rounding out our ALTIUS Answer/Asks interview series with the fourth and final installment. In this last segment, an ALTIUS Answers discussion with Account Manager Josh Budz, we explore the importance of healthcare leaders having timely, meaningful data to drive decision-making. The ALTIUS ION Efficiency Reports are a bi-weekly tool that monitors both departmental and organizational performance against customized benchmarks and established targets.
ALTIUS is back with the third installment of our ALTIUS Answer/Asks interview series. In this segment, our team gained insight on trending topics and industry challenges through our ALTIUS Asks interview with Dr. Sheri Matter, Assistant Teaching Professor for the Graduate Nursing Program and the Director of the MSN online programs and the DNP Leadership program at The Pennsylvania State University.
ALTIUS is back with another installment of our ALTIUS Answer/Asks interview series. We decided to pivot this month and provide insight into the technical side of our services/tools through an ALTIUS Answers interview with our VP of Business Intelligence Services, Brian Krugle. With the various EHR systems used across the industry, how does ALTIUS approach data submission so that it is not a burdensome task for clients? As efficiency and workforce optimization experts, we do whatever is needed to make data submission as quick and seamless as possible for our clients.
ALTIUS is excited to announce a brand-new interview series, ALTIUS Answer/Asks! Over the next few months, we will be featuring discussions with members of our team as well as with industry experts to provide a fresh perspective on productivity, performance improvement, and workforce optimization in the current healthcare environment. Our first installment, an ALTUS Answers interview with ATLIUS COO RandiLynn Lukac, delves into some of the most frequently asked questions we receive about our customized services/solutions. Why should a hospital/health system engage a consulting firm to support their improvement initiatives? If the goal is to save money, wouldn’t it be more cost-effective to handle these projects internally? There are multiple, excellent reasons to engage a consulting firm.
Simply stated, productivity is the measure of input to output. It is typically tracked to gauge changes in performance over time. The most common way that healthcare organizations assess productivity is through internal comparisons against historical operations.
The recent challenges to and changes in the delivery of healthcare have spotlighted the demand for more enhanced leadership development moving forward. Throughout the pandemic, staff have displayed their resilience and ability to adapt, made possible by the innovative leaders that guided organizations through recovery towards stability without any predetermined path. This “trial by fire” approach was necessary given the unprecedented situation at hand, but has, in hindsight, proven the value of certain traits that need to be cultivated in future leaders.
For most organizations, healthy finances are the pulse by which operations are measured and improvement strategies developed. Fiscal sustainability sets the tone for services and staffing, balancing cost with demand and quality. Though many would argue that employees, namely nurses, are the heart of a hospital or health system, it is truly a strong margin that determines viability.
Being such a dynamic industry by nature, healthcare will continue to change and evolve in the new year. One of the main areas that experts are predicting a noticeable shift is in the deliberate and more extensive integration of social determinants of health (SDOH) into all facets of operations from registration through discharge planning. Value-based administration will become more commonplace in 2022 as staff, clinicians, and patients alike are incentivized to discuss and document SDOH as a routine part of each healthcare encounter.
Long before the pandemic began, a shift started occurring in healthcare; an evolution of the nursing profession that introduced new opportunities to licensed staff, deviating from traditional patient care. While these innovative roles are enticing and serve to strengthen hospital operations by expanding skill sets and meeting previously unaddressed needs, these positions are creating further strain on care delivery. Staff shortages were already plaguing the industry and now nursing advancement is another element that organizations must navigate.
It is hard to believe, but 2021 has proven to be as difficult a year, if not more so, than 2020 for the healthcare industry. Not only did hospitals and health systems have to work through steep financial and operational recovery strategies to try and equalize the effects of the pandemic, but they had to address further staffing/resource shortages, the impacts of natural disasters, increased labor costs, and prioritize employee emotional well-being all while continuing to manage new COVID surges. That is enough to make any leader skeptical of what 2022 will bring.