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These days, most organizations use technology to manage their HR tasks, like benefits, payroll, scheduling, attendance, and more. Hospitals are no exception, with 68 percent of U.S. hospitals reporting benefits administration, payroll, personnel management, staff scheduling, or time and attendance technology in use.
Definitive Healthcare tracks seven technologies that U.S. hospitals use in the workforce management market, including:
Each of these solutions have varying levels of adoption, with legacy applications such as time and attendance, payroll, and personnel management in place at over three-quarters of 7,936 U.S. hospitals. While these technologies are widely utilized, the applications are aging and may require replacements in the near future.
Fig 1: Reported workforce implementation by solution of 6,638 hospitals with at least one implementation in use, Definitive Healthcare, May 8, 2019
A number of workforce solutions, including personnel management, payroll, and time & attendance have been adopted by most U.S. hospitals. In fact, 84.6 percent of U.S. hospitals report at least one solution. Of those using workforce solutions, almost 86 percent have more than one vendor across the different applications.
Fig 2: Vendor footprint by solution, Definitive Healthcare, May 8, 2019
Kronos leads the pack when it comes to time and attendance technologies, while Infor covers over 30 percent of hospitals’ benefits administration, personnel management, and payroll technology installs.
Interested in learning which U.S. hospitals are ready to implement or replace a workforce technology solution? Want to identify where there is green space in this market? Definitive Healthcare can help.
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