Attention Hospital Administrators: Are Your Providers Engaged? Whether your hospital employs most of your providers or if they are independent, physician engagement should be at the top of your priority list.
Why is this important? A recent survey by Gallup highlighted the importance of engaged physicians and determined there was a 26% increase in productivity for physicians who were engaged versus disengaged physicians.
What does this mean? And, how do we improve physician engagement? According to AMA, one single engaged physician generates an average of $460,000 in revenue per year. With systems having about a 2-3% operating margin, this revenue cannot be ignored or dismissed.
The United State leads the World in Healthcare spending devoting 18% of the Gross Domestic Product to Healthcare costs. A 26% increase in productivity with each of your providers’ chips away at that cost quite nicely.
Most every facility has specialty rounders—specialists coming into your hospital to provide consultation, treatment, and care for patients requiring expert care.
Some things to focus on in improving engagement are:
- Build Communication and Trust
- Practice Transparency
- Identify Champions
- Provide Data and Research
- Provide them with Effective Tools
At HybridChart, we’re driven to provide technology that connects your healthcare team, increases efficiencies and output and improves your bottom line. HybridChart’s low-cost real-time workflow and charge capture solution can add time to your day by automating your front end charges electronically. HybridChart’s cloud-based software will improve your profitability and patient outcomes based on your unique workflow, including census management, charge capture, secure messaging and discharge management. All of this can be directly managed from your smartphone or tablet. Get PAID for the work you do!
HybridChart can help you accomplish more time in your day AND
more money in your pocket Schedule a live demo today.
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