The past few years have seen sweeping changes for the medical industry as a result of the Patient Protection and Affordable Care Act (PPACA), which put in place comprehensive insurance and medical reforms. Now, as the insurance mandates go into effect, bringing millions of newly insured people into the marketplace, hospitals and clinics are faced with how to meet the need for additional staff while transitioning to a revised model of care.
While waiting rooms across the country see an influx of new patients, hospitals and clinics are struggling to fill essential physician and nursing positions. This shortage of skilled medical staff has developed into a critical issue, due to a triple threat of factors:
- The implementation of the ACA not only has expanded access, but also the amount of covered procedures, creating an estimated 32 million new patients in need of primary and preventative care.
- More than 24,000 doctors and 1 million nurses are expected to retire from the workforce by 2020, making it increasingly important for health care facilities to hire and develop skilled workers.
- Americans are living longer than ever, requiring an increased number of medical professionals available to provide primary and specialized care.
The Right Tools for the Job
As these staffing shortages continue, hiring and training quality staff has become increasingly crucial for health care facilities. Fortunately, with Paycom’s Talent Acquisition technology, providers effortlessly can decrease the amount of time needed to get essential staff out of the HR office and into clinical rotation.
A fully automated system, Paycom’s robust Applicant Tracking helps recruit and process qualified potential employees. This vital tool makes recruitment a snap by linking an organization’s application with major job sites, as well as controlling background checks and employment verifications, such as E-Verify®. It even ensures compliance with a wide-range of necessary reports, such as the annual EEOC-1 report.
As hospitals move toward an increasingly electronic work environment, Paycom also helps the HR department save time and resources through its On-Boarding solution. In addition to eliminating bulky paper files, the system cuts down on hours of lag time by allowing employees to submit and sign documents digitally, using electronic signature verification. Files are stored online, securely protecting private information and ensuring HIPPA standards are met.
Value-Based Health Care Made Easier
In the previous model of health care, volume-driven care, financial incentives were in place to deliver more services, which did not always translate to better health. Now, as the industry transitions to value-centered care, facilities must meet the needs of more patients with an already concentrated workforce. Using Paycom’s unique Time and Labor Management tools, health care providers can create a balanced approach to staffing that reduces costs and improves service quality. In addition, the easy-to-use interface cuts down on time spent creating schedules, tracking and organizing employee time-off requests and streamlining necessary reports. The system also eliminates the need for manual time-tracking processes, greatly reducing errors in calculated hours, while developing a more accurate payroll and scheduling system.
Furthermore, by utilizing Paycom’s Talent Management tools, medical facilities can track compensation budgeting and schedule annual reviews to ensure existing staff members receive consistent recognition for their efforts.