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Improve Financial Outcomes

Thu, 28/ 07/ 2016 - 02:14 By Bryan Dickey 0 Comments

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The entire healthcare industry consistently faces the challenge of spending less and staying within budget while continuing to provide great value to patients and staff. More than ever, organizations must find a way to improve financial outcomes without compromising a valuable patient and staff experience.

The Real Cost of Training

Does your organization know what it’s spending to educate staff on healthcare IT initiatives?

The answer is comprised of several variables: training costs, learner time, backfill costs, and long-term training costs for application changes and upgrades. Many of these costs must be divided among departments with varying budgets, making it difficult to evaluate the big picture. The even bigger challenge is how to be confident that your organization is providing valuable, sustainable education in exchange for those costs. How do you measure success, and how do you know what your organization should spend compared to its peers?

The Breakaway Group uses a research-based formula to give you those answers. Our Cost Savings Analysis tool focuses on cost-effective, high-value education that is realistic over the long term. On average, it costs $4,000 to bring one provider up to speed using traditional classroom training. The time that provider spends in training and away from patients can add up to as much as 26 hours. Together, these have an exponential effect on organizational costs and revenue.

Increase the Value of Training

The Breakaway Group has a solution that integrates with your organization’s current training and adoption efforts, addresses the critical aspects of adoption for both leaders and end users, tracks progress, and provides ongoing improvements and maintenance that drive results throughout upgrades and workflow changes. The return on investment with our solution comes with both hard and soft savings for your organization.

Our research-based methodology drives high adoption rates with significant cost savings over any other training method. We are typically able to reduce training time by at least 50% over traditional methods, while providing a more effective, scalable, repeatable, and sustainable experience for existing and new employees across the entire organization.

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