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June 11, 2014 – Is one type of nurse staffing schedule — four, six, or eight weeks — better for the bottom line? To find out, Avantas looked at inpatient nursing units at more than 75 hospitals and tracked how the various scheduling frequencies affected two financial factors: FTE leakage and incidental worked time (in addition to core staff floating). In this article, featured in HFMA’s Healthcare Cost Containment Newsletter, Avantas CEO Chris Fox discusses the research and potential savings opportunities for hospitals and health systems.
Click here to read the article.