avatarLisa Miller

Summary

The article emphasizes the importance of employee engagement in healthcare to enhance patient care and reduce hospital costs amidst a growing demand for healthcare services.

Abstract

The healthcare sector is facing a significant increase in demand, with 18 out of 30 of the fastest-growing occupations being healthcare-related. This surge is driven by an aging population and a rise in chronic diseases, leading to a critical need for frontline staff. However, the industry also faces high attrition rates, particularly in nursing. The article argues that prioritizing employee engagement is crucial for retaining staff, improving patient care, and achieving hospital cost reduction. It suggests four strategies to increase engagement: recognizing employees' contributions, automating processes to save costs and improve job satisfaction, fostering a culture of innovation, and hiring healthcare consultants to identify cost-saving opportunities. By implementing these strategies, hospitals can not only save millions but also enhance the overall patient experience.

Opinions

  • Employee engagement is directly linked to the quality of patient care and financial performance of hospitals.
  • Recognition of employees' work is essential for their satisfaction and engagement, yet it is often overlooked.
  • Automation of processes can lead to significant cost savings and allow staff to focus on more meaningful tasks.
  • Encouraging employee innovation can result in substantial financial savings and improvements in hospital operations.
  • Frontline staff are valuable sources of insight for hospital process improvements and cost reduction.
  • Engaging a specialized healthcare consultant can help hospitals to identify and implement effective cost reduction initiatives.

Employee Engagement Enhances Patient Care

Of the 30 fastest-growing occupations from 2018–2028 revealed by the Bureau of Labor Statistics, 18 are in healthcare and associated jobs.

Photo by Rusty Watson on Unsplash

Of the 30 fastest-growing occupations from 2018–2028 revealed by the Bureau of Labor Statistics, 18 are in healthcare and associated jobs. [1] In the face of a severe skills shortage, adopting a focus on employee engagement enhances patient care and leads to hospital cost reduction.

What’s driving the demand in the healthcare sector?

An aging population and rising numbers of people living with chronic disease are the key drivers behind this surge in demand. Vacancies for frontline staff, such as nurse practitioners, physicians, and medical assistants, are expected to see rapid projected growth. To compound the problem, nursing has some of the highest attrition rates among staff in the US.

Retaining your key staff and ensuring exceptional patient care should be prioritized for all healthcare providers. But when those leaders face urgent — and seemingly impossible — demands on their time and resources, employee engagement and retention can fall below the radar.

Neglecting this issue can have a detrimental effect on the patient experience in your hospital, reflect negatively on HCAHPS scores and, ultimately, hospital revenue.

Are you focusing on employee engagement?

Focusing on engaging your key staff must be a priority for your organization. For instance, the average cost of turnover for a bedside RN can result in hospitals losing $4.4-$6.9 million at current rates of attrition (17.2%). Below I offer four suggestions that will help your hospital to increase employee engagement levels, thereby enhancing patient care and saving your hospital money.

Recognition of Your Employees

The primary goal of all healthcare employees is to ensure the provision of exceptional care to patients to ensure quality outcomes.

Your staff must feel appreciated to deliver that level of care and find satisfaction and engagement in their work. Research suggests that recognizing the contribution made by your employees drives engagement, but 45% of employees state that they haven’t been recognized at work in over six months. [2]

One way to facilitate this is the iSUGEZT app. Created by VIE Healthcare® Consulting, iSUGEZT can empower your hospital to improve both the patient experience and employee engagement levels by providing a platform for feedback in real-time.

Automate Your Processes

By investing in technology to automate key processes and identify critical areas for non-labor cost savings, the following benefits are realized:

  • The risk of manual errors is eliminated.
  • Unparalleled savings can be identified in key areas of spend, such as purchased services.
  • Your most valuable resource — your people — can be offered more meaningful work, enhancing their satisfaction and engagement.

Invite Innovation

Research suggests that everyday employee innovation can save companies more than 110 million dollars in time, materials, labor, or energy, equating to an average of $1,256 per suggestion.

Listening to employee suggestions helps implement a culture of ‘’Every Day Innovation.’’ By Every Day Innovation, I mean encouraging all of your employees to contribute suggestions for innovation and improvement across your organization.

Your frontline staff are the most equipped to understand the problems your hospital is dealing with. They interact with your patients and may hear negative feedback, and are fully aware from their day-to-day work of what is working effectively in your hospital and what isn’t.

Creating a culture that supports innovation is essential. These are ways for your team to start:

  • Engage your entire organization.
  • Embrace self-organization. Don’t implement systems that rely on just one central point to route or evaluate ideas.
  • Begin with small suggestions that can be scaled.
  • Start with ‘’friendly’’ innovation users across your health system.
  • Focus on long-term change.

As an example, nursing staff can often suggest ideas for improvement in poor processes during the patient journey, help to support patient flow through your PACU, and reduce the risk of readmissions.

Hire a Healthcare Consultant

Working with an experienced healthcare consultant can help your hospital identify potential areas for cost reduction initiatives. This allows your employees to focus on other vital areas, such as delivering exceptional patient care.

Choose an organization that knows your sector and has a proven track record in cost reduction initiatives in critical areas such as purchased services spend, supply chain transformation, analysis of IT services, and telecommunication expenses management.

[1] https://www.bls.gov/news.release/ecopro.nr0.htm [2] https://www.achievers.com/blog/top-workforce-challenges-and-trends-impacting-the-healthcare-industry-in-2020/

Download 15 Effective Cost Savings Strategies That Most Hospitals Can Apply Right Now: HERE

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Lisa Miller via VIEHealthcare.com
Employee Engagement
Hospital
Work
Leadership
Company Culture
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