Using AI Technology Can Automate Staff Shift Rates and Optimize Labor Costs

Health systems have been barraged with pitches of innovative technologies and while they do have the potential to — and hopefully will — change the future of care, healthcare providers can have impact today by adopting technologies that address a more fundamental problem: the labor shortage. This movement toward technology-enabled workforce solutions that are designed specifically for health systems, are easy to use, quick to plug in, and are available today. Learn how CareRev's technology is revolutionizing how we manage our healthcare workforce. By taking a data-driven approach by using artificial intelligence algorithms and machine learning to connect facilities and healthcare professionals, health systems can now automate the management of shift rates while optimizing labor costs to meet staffing demands. This episode is sponsored by CareRev.

Summary

The Impact of Technology-Enabled Workforce Solutions in Healthcare

The Labor Shortage Problem

Innovative technologies in healthcare have the potential to change the future of care. However, the industry is currently facing a more fundamental problem: the labor shortage. Healthcare providers can have a significant impact today by adopting technologies that address this issue.

Revolutionizing Healthcare Workforce Management

CareRev is at the forefront of this movement towards technology-enabled workforce solutions that are designed specifically for health systems. Their platform uses a data-driven approach by leveraging artificial intelligence algorithms and machine learning to connect facilities with healthcare professionals. By automating the management of shift rates and optimizing labor costs to meet staffing demands, health systems can now experience a revolution in their healthcare workforce management.

The Benefits of AI in Healthcare Staffing

Artificial intelligence is becoming increasingly important in healthcare staffing. By automating repetitive tasks like scheduling shifts, AI enables healthcare providers to become more data-driven. CareRev uses AI to adjust shift rates based on market fluctuations, optimizing labor costs and providing facilities with the flexibility to meet staffing demands. AI can also help with attracting and retaining professionals, reducing burnout, and offering more flexibility.

Responsible Use of AI

Many organizations have concerns about the opaque "black box" decision and potential bias in AI algorithms. To be responsible in the use of AI, healthcare providers should explain their algorithms to all audiences, not just technical ones. David recommends reading the first three chapters of the book "Artificial Intelligence and Healthcare" to learn more about AI in healthcare.

 

Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com

 

This episode aired on 12/16/2022 and can be listened here.

 

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