Human Resources is becoming increasingly important in the healthcare industry, especially for private healthcare practices. Keeping up with the ever-changing regulations in modern medicine can take time and effort. Finding a balance between following the rules and providing care for your patients can be a challenge. To lessen the burden of managing staffing, compliance, employee engagement, patient care, and multiple other critical tasks on your own, there is a flexible option available to healthcare practices like yours: outsourced HR.
Outsourcing HR allows you to offload some or all your practice’s HR tasks to a team of seasoned HR experts instead of having to manage everything yourself or managing the cost and hiring a full-time HR staff person where it may not benefit your practice based on size or culture. Outsourcing HR also enables you to focus on other aspects of your business, providing more time you can devote to patient care.
To help you understand if an Outsourced HR team is right for you, we’ll explore the benefits of Outsourced HR for healthcare practices and the tasks Outsourced HR can do for your healthcare practice. By the end, you’ll have a much better understanding of how HR outsourcing can benefit your medical practice and if you should consider contacting an HR provider to help your practice.
Benefits of Outsourced HR for Your Healthcare Practice
Outsourced HR services have many benefits. The main advantage, however, is the peace of mind it provides you. As a business owner and medical specialist in your given field, your patients trust you can deliver the best outcomes. They place this trust in your hands because you’re the expert with years of education and a track record of real-world experience.
Likewise, HR specialists bring their expertise, knowledge, and understanding of the complex healthcare field to the administrative side with surgical precision. Leaning on these experts will provide immense assurance that your practice’s back office is in experienced hands.
Having more time and mental energy lets you focus on helping patients. This can not only enhance the level of care you offer but also increase your income potential through higher patient volumes.
Another benefit is the ability to hire better people and retain them longer. As any HR professional will tell you, the war on talent is ongoing, with no end in sight; a shortage of skilled workers, increasing competition, and the ease of relocation make it all the more difficult to retain top talent for your practice. To adapt to these conditions, you must make intentional, highly strategic moves, many of which pertain to HR.
Skilled HR professionals know what policies to institute to retain employees and uncover what will keep them engaged and happy at your practice. Implementing effective retention strategies helps you keep your best employees, reduce turnover, and maintain a stable, experienced team that is an asset to your practice’s long-term success.
What are the Tasks that Outsourced HR Professionals can do for Your Healthcare Practice?
Outsourced HR professionals can take on various HR and administrative tasks. Some critical functions of Outsourced HR include:
- HR assessments: Like your patients, your practice occasionally needs a checkup. HR assessments provide a snapshot of your current practices and highlight areas for improvement.
- Talent acquisition: Attracting and retaining top talent is a top priority for most practices. HR professionals can oversee the hiring processes, which include screening candidates, reviewing resumes, conducting initial interviews, and coordinating final interviews.
- Compensation studies: To stay competitive in today’s job market, you must analyze your wages and payroll structure, taking into account your practice’s size, location, revenue, job descriptions, working arrangements, etc.
- Employee engagement: It is important to understand the latest employee engagement findings and trends. Your Outsourced HR professional can gather and interpret results to produce solutions that drive engagement within your organization.
- Regulatory compliance: Compliance issues can lead to fines, which can be disastrous for a healthcare practice. An Outsourced HR professional will understand and proactively stay on top of all applicable regulations, ensuring your practice operates lawfully.
- Employee handbook and policy review: HR professionals can help you create and review your employee handbook and workplace policies. This fosters a well-organized and legally compliant work environment.
With the help of Outsourced HR professionals, your healthcare practice can operate more efficiently. This enables you to concentrate on what truly matters: improving your patient’s quality of life.
Finding the Best Outsourced HR Provider for Your Healthcare Practice
If you decide to outsource your practice’s HR department, it is important to choose the right HR outsourcing service provider. Look for a provider that offers proactive, customized solutions and has an experienced team that continually monitors changes that impact your practice.
Rehmann, for example, provides comprehensive HR outsourced solutions for healthcare practices of all sizes and specialties. Whether you’re a dentist office with a single location or a physical therapy franchise with multiple offices, our team of experts is here to help you succeed. By outsourcing your HR functions and HR projects, you can ensure that your practice is always in good hands, allowing you to focus on what you do best — providing high-quality patient care and maximizing your revenue.
Rehmann’s healthcare and HR solutions teams are uniquely positioned to help in numerous ways. From improving the practice you work to grow daily to building your financial legacy, we are ready to help you achieve financial stability and support your passion for delivering patient care.
To learn how Rehmann can help you and your healthcare practice succeed, contact us at [email protected] for more information.
