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| ![]() MedHQ Releases White Paper Outlining 10 Ways Surgery Centers are Wasting Money in Human ResourcesThe 10-Point Human Resources Audit identifies inefficiencies; often achieves six-figure savings
By: MedHQ "As the ASC industry continues to grow, the ability to operate efficiently has become paramount," stated MedHQ CEO and Co-Founder Tom Jacobs. "While competition for patient volume has increased, reimbursements have decreased, and revenue is shrinking. It's imperative that forward-thinking centers find new and effective ways to save money. Our 10-Point HR Audit spots inefficiencies that, when fixed, can result in six-figure savings for a healthcare facility." Addressing inefficiencies in a surgery center's health plan alone can save as much as $50,000 annually, according to the white paper. The white paper describes the many different ways to increase efficiency and save money, ranging from building a strong company culture, to improving compensation programs, to reducing unemployment tax expense, with each saving a surgery center's HR department between $2,000 to $54,000 on average. MedHQ has worked with over 70 healthcare facility partners to locate savings, which also bring the benefits of improving employee satisfaction, as well as reducing risk. "Small and mid-sized companies don't usually have access to the expertise of a full HR team," said Jacobs. "For healthcare organizations, this expertise is incredibly important because more than revenue is at stake. One missed regulation could affect accreditation resulting in downtime for the entire facility. Mistakes in HR can damage finances, patient satisfaction, surgeon satisfaction, employee satisfaction and the reputation of the entire organization." To learn more and access the white paper, click here (http://medhq.net/ About MedHQ MedHQ is the only PEO, HR and Accounting Outsourcing company that specializes in the ambulatory surgery center market. Launched in 2003, MedHQ gives surgery center leadership access to an entire team of HR and Accounting professionals that are focused on improving revenue and reducing risk; while freeing leadership and staff to focus on other priorities. MedHQ is not licensed to provide PEO services in all 50 United States, and does not actively solicit business except in states where authorized to do so. End
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