Posts Tagged "cost"

The Cost of a Single Unfilled Position

Posted by on Feb 22, 2017 in The LFT Blog | Comments Off on The Cost of a Single Unfilled Position

By Bill Haylon, CEO The number one issue that always presents itself when discussing hiring needs and staffing with hospitals is cost. Hospitals are facing budget shortages, and recruiting the right personnel is an expensive proposition. But, many people we speak with are only focusing on the upfront hiring costs and not factoring in the revenue that filling a single position might drive. Take for example one of our most searched areas of the hospital – periop leadership. The operating room (OR) typically accounts for more than 40 percent of a hospital’s revenue. Given that, a single week...

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