Mar 2 2010
Solidifying its leadership as the premier provider of workforce management solutions to the healthcare industry, Kronos® Incorporated today announced that it closed 41 major contracts with healthcare organizations in the past 12 months.
“ABM fundamentally required a single solution that fully integrated staff rostering with time and attendance. Kronos was awarded the contract based on its ability to meet the Health Board’s requirements and its proven expertise in delivering solutions to other healthcare providers.”
News Facts
- Some of the healthcare organizations that recently closed new contracts and made additional investments in Kronos workforce management solutions include: Caritas Christi Healthcare, the second-largest healthcare system in New England; Children's Medical Center of Dallas, one of the largest pediatric healthcare providers in the nation; Covenant Dove, a long-term care organization based in Tennessee; Global Health Private Limited (GHPL), India-based provider of high-end healthcare services for integrated medical sciences and holistic therapies; Mississippi State Hospital, a Mississippi Department of Mental Health facility; North Shore-Long Island Jewish Health System, the nation’s third-largest, non-profit, secular healthcare system; Savasenior Care Administrative Services, one of the largest providers of short- and long-term healthcare services in the U.S.; South Central Ambulance Services NHS Trust, provider of accident and emergency services to residents in Southern England; Tufts Health Plan, ranked number two in the country among commercial healthcare plans; and University of Texas Medical Branch, an academic teaching hospital with more than 2,500 students and 1,000 faculty.
- Healthcare organizations can reduce nursing overtime and agency expenses through real-time labor data made available through Kronos’ integrated workforce management solutions. For example, identification of root causes that were driving increased labor costs helped Cleveland Clinic reduce nursing agency expenses by more than $5 million. In addition, Southwest General Hospital saved $10 million in annual staffing costs with Kronos; Virginia Commonwealth University Medical Center saved millions through reduced supplemental labor costs and decreased overtime; and Martin Memorial Health Systems saved $600,000 in overtime costs within just one year of using Kronos.
- With more than 3,000 hospitals worldwide using a mix of solutions from the Kronos for Healthcare suite, the scheduling solution alone has more than 600 healthcare customers, and it continues to gain steady momentum. Customers create balanced and fair schedules in minutes instead of hours. Kronos also creates a culture of accountability in staffing by offering employees advanced self-service options. As staffing and clinical outcomes are intricately linked, perceived staffing equity is a major criterion for achieving Magnet status. Kronos customers among the elite group of Magnet-designated facilities include Abington Memorial Hospital, Poudre Valley Health System, University Health Care System (Georgia), and Virginia Commonwealth University Medical Center.
Supporting Quotes
- Mary Stowe, RN MS NEA-BC, vice president, chief nursing officer, Children’s Medical Center of Dallas
“What makes Kronos the clear choice in workforce management is the powerful combination of its integrated solutions that help with the delivery of quality care. Real-time visibility into labor information allows us to take preemptive measures before issues arise and this leads to productivity improvement and cost savings.”
- James Dunaway, director, information systems, Mississippi State Hospital
“Automation of critical workforce processes such as time and attendance and employee scheduling was a big priority for us in 2009 as labor costs remain our largest controllable expense. Gaining real-time control and visibility over labor data helps control costs and improves productivity. Kronos’ integrated solutions offer capabilities that benefit all user groups including clinical/nursing, finance, and all other support services. We are excited about the results we’ll achieve through Kronos.”
- Julian Quirk, associate human resources director, Abertawe Bro Morgannwg (ABM) University Health Board, UK
“ABM fundamentally required a single solution that fully integrated staff rostering with time and attendance. Kronos was awarded the contract based on its ability to meet the Health Board’s requirements and its proven expertise in delivering solutions to other healthcare providers.”
- Brian Graves, global practice leader of healthcare, Kronos
“By limiting agency hours, controlling overtime, and putting the right staff members to work at the right times, Kronos solutions help organizations balance quality patient care and labor cost control. We enable our customers to save incrementally at every step of the implementation and innovate constantly to offer solutions that match their evolving needs. These approaches keep us moving forward despite shifting macro economic conditions.”
Supporting Resources
- Kronos made this announcement from HIMSS 2010 being held in Atlanta from March 1-4. Kronos is exhibiting at booth # 6221.
SOURCE Kronos Incorporated