Balancing patient care and financial health.
Dr. Sharma's practice was experiencing growing pains. Patient volume was increasing, but she wasn't sure if she needed to hire another full-time employee. Her current staff was often stretched thin, leading to potential burnout and decreased patient satisfaction. She lacked a clear, data-driven method to determine the optimal staffing level, especially considering part-time employees and varying workloads.
Using the FTE Calculator, Dr. Sharma inputted data on employee hours, patient volume, and operational tasks. The calculator revealed that by restructuring responsibilities and converting some part-time roles to full-time, she could avoid hiring a new employee altogether. This streamlined approach improved workflow and reduced overtime costs, resulting in an estimated annual savings of $50,000.
The FTE Calculator allowed Dr. Sharma to easily input employee data and generate a clear, concise report visualizing her current FTE count versus her required FTE count based on practice volume. This data-driven approach facilitated informed decision-making regarding staffing needs.
$50,000 in annual savings, reduced employee burnout, and improved patient satisfaction scores.
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