July 24, 2023

Improving Labor Management and Patient Payor Mix with TADA

TADA's intelligent solutions provide strategic oversight, trend analysis for mid to long-range planning, and day-to-day operations across the healthcare industry.

By:

Labor management and understanding patient payor mix—two critical aspects in the healthcare industry—are often riddled with challenges.

Traditional methods of managing staff scheduling and analyzing patient demographics tend to be labor-intensive, error-prone and lack the precision required for optimal efficiency.

How TADA Can Help

TADA's advanced AI solutions are transforming this landscape by offering data-driven insights into both labor management and patient payor mix. By analyzing historical data and predicting future trends, our platform helps healthcare providers optimize their staffing levels by matching up patient care demographics with staff capabilities ensuring the right personnel are in the right place at the right time.  This drives better care for the customers, which delivers better satisfaction ratings which are so critical to a hospital, senior living, or other healthcare provider’s ability to attract the volume of patients necessary to ensure optimal results.

Beyond staffing, understanding a facility's patient payor mix—knowledge of the percentage of a hospital's patients who are covered by Medicaid, Medicare, private insurance, or self-pay—is essential for financial planning. Our AI-driven platform mechanically evaluates patient referral requests upfront, so the staffing and overall financial impact of accepting a patient are quickly assessed and known.  This gives the healthcare provider significant flexibility in their scenario planning and financial forecasting.

Navigating Complexity with TADA

TADA's intelligent solutions provide strategic oversight, trend analysis for mid to long-range planning, and day to day operations across multiple healthcare industry verticals and domains.  We make navigating the complexities of labor management and patient payor mix significantly faster and simpler. Our unique patented technology platform provides the advanced analytics, tailored reporting, and scenario planning tools and insights healthcare providers need to improve operational efficiency, patient satisfaction, and financial health.

TADA is not just about providing solutions; it's about shaping the future of the business of healthcare. We are committed to helping healthcare providers overcome challenges, optimize their operations, and, most importantly, focus on delivering excellent patient care.