SETH Provides Labor Cost Reductions by 3%-12% Within 90 Days

Proffitz Mergers OrcaEyes Assets into Advanced Big Data Workforce Solution Company

06/01/2018

Proffitz Inc., supplies clients with actual workforce optimization and labor cost savings solutions built atop leading Big Data Analytics has announced the acquisition of all OrcaEyes Inc., assets. Proffitz Inc., was built by OrcaEyes leadership team and developers to add unique value to customers of the industry’s leading Workforce Analytics and Planning company, OrcaEyes. Dan Hilbert, former CEO of OrcaEyes and CEO Proffitz Inc., explained, “Our customers at OrcaEyes wanted us to build

The Real Cost of a Hospital Reorganization

06/05/2018

This is Part 1 of a 3-Part series. Reorganizations, Reductions in Staff, Mid-Level Management to Employee Optimization and Acquisition integration are prime examples of Major “Event-Driven” Workforce Management functions. Many hospitals and healthcare systems would like to realign and reorganize departments and units for improved medical delivery, efficiency and quality. However, these Event-Driven Workforce Management projects have traditionally been considered a nightmare, highlighted by cost

The Next Great Frontier in Hospital Profitability

04/03/2018

Hospital providers are facing a financial crisis with cost-per-service being reduced while quality of care, efficiency and patient satisfaction are now monetized revenue or penalties. The new financial revenue regulations since 2015 have resulted in: 25% of US hospital “Downgraded,” to “At Risk” by Standard and Poors in 2016 29% of US Hospitals losing money in 2017 per Modern Healthcare And more reductions in 2018 With the mass entrance of the Baby Boomer generation into government

The New Dimension in Labor Cost and Workforce Cost Management

05/05/2015

Overview For leaders in the healthcare provider industry, no need exists to belabor unprecedented cost pressures which will only get worse over the next decade or more from legislated cost of service reimbursement reductions. Finance 101 profit formula is “Profit = revenue – (variable costs – fixed costs).” Reduce costs to survive! In June 2016, Standard and Poors downgraded 25% of U.S. acute care hospitals to “At-Risk.” To increase profits, many healthcare organizations are building higher

Reduce Total Labor costs by 3%-12% without Impacting Productivity or Quality.

Reduce Labor Costs by 1%-4% without any workforce or hourly reduction-beginning in 90 Days or Less.

Reduce the cost of Workforce Management by 3%-15% while adding valuable decision-making intelligence.

Measurably Increase Value Based Purchasing Revenue and Revenue Recovery through the Workforce.

The Technology of SETH-AI

SETH enables Proffitz Inc., to see what was previously hidden, understand relationships that were previously unknown and to scientifically develop a new generation of unique solutions addressing the largest expense of hospitals: labor.

In the 1st quarter of 2017, Proffitz Inc. began development of an entire new generation of solutions, not simply tools, to effectively manage labor costs, productivity and performance of hospitals most expensive and impactful entity, labor.

Our Latest Blogs

Proffitz Mergers OrcaEyes Assets into Advanced Big Data Workforce Solution Company

The Real Cost of a Hospital Reorganization

The Next Great Frontier in Hospital Profitability

The New Dimension in Labor Cost and Workforce Cost Management