How EMS can Use Utilization Metrics to Unlock Profits in 5 Steps
Table of Contents
- Executive Summary
- Step 1: Understanding the Importance of Utilization Rate
- Step 2: Generating Utilization Reports
- Step 3: Decoding the Reports
- Step 4: Investigate, Plan and Implement a Solution
- Step 5: Compare Reports and Check Profitability
- Final Takeaways
Executive Summary
The labor shortage is causing labor costs to surge on a year-over-year basis. As a result, EMS profitability has been consistently dwindling over the years.
There are many ways for an EMS organization to survive and thrive in these turbulent times. One way is to create a more efficient EMS organization structure with streamlined operations. Smart EMS providers understand this and are looking to maximize productivity of existing teams by implementing greater efficiencies and automating processes.
But before implementing changes, the first step is to understand the efficiency of your current operations by creating Unit Hour Utilization (UHU) and utilization reports. For organizations that can’t generate these reports, investing in the reporting capabilities will generate significant ROI in the long term.
Although there is a small learning curve to understand utilization reports, this white paper will help you get past it. You will understand what utilization reports measure, how to generate and read these reports, and subsequently, what to do to increase profitability. After all, that is our goal at Traumasoft – to help EMS organizations operate efficiently and profitably.
Download the Whitepaper Now
Request a Demo
Talk to our team – most of whom have EMS experience- to see how Traumasoft can power your business.