DecisionHealth, DecisionHealth - 2009 Issue 3 (March)

5 steps to determine proper staffing levels in a recession

Analyze your patient volume and practice performance very carefully before you reduce staff levels in a sinking economy, experts tell Part B News. One small practice interviewed for this story fired 16% of its workforce after a careful analysis. Many practices aren't facing the same level of crisis, so they should avoid "stepping over dollars to pick up dimes," says one practice management expert. Translation? The strategy that's best for your bottom line may not require firing anyone at all.

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