Crittenton Hospital Medical Center (CHMC), a 290-bed hospital in Rochester, Mich., saved more than $4 million with the Charlotte, N.C.-based Premier healthcare alliance’s LaborConnect labor management program.
Health reform’s proposed reimbursement cuts are a severe threat to hospitals where more than 60 percent of hospital expenses are in labor. CHMC operates in a dynamic and competitive environment where most hospital workers are unionized, so an effective labor management program is a necessity.
CHMC joined the more than 500 hospitals that use LaborConnect’s OperationsAdvisor productivity and benchmarking solution four and a half years ago. Over three years, CHMC saved more than $4 million in labor expenses. OperationsAdvisor is the only Web-based, total labor management solution that fully integrates a productivity measurement system with quarterly benchmarking. Hospital members of LaborConnect saved more than $120 million last year.
Grand Prairie, Texas-based Rainbow Children's Clinic was the victim of a ransomware attack on its IT systems in August, affecting more than 33,000 patients, according to multiple news media reports this week.