HWL Insights

Managing payroll is a difficult task for any company, but even more so in healthcare. Between irregular scheduling based on patient demand, overtime, shift wage differentials, various worker classifications, benefits management, and strict labor laws, healthcare administrative teams are kept busy, to say the least. On top of it all, hospitals have seen high turnover rates (currently standing at ~20%) over the past few years, meaning teams are constantly on- and offboarding staff and updating payroll systems. 

One of the top concerns for healthcare companies of all sizes year over year is striking a balance between patient needs, remaining compliant, and staying in the green financially. This last point has certainly become quite a challenge due to ever-growing complexities in staff management and healthcare administration.