The Importance of Talent Management Software in the Healthcare Industry

Strep throat in room 4, a sprained ankle in room 6, a nose bleed in 7, and a sick infant in 3. If you’re the owner of a medical practice, talent management is probably the last thing on your mind today. However, without it you risk having a practice that lacks quality care.

Talent management software is an important tool for every industry, but especially important for those within the healthcare industry. As doctors, every minute you have with a patient counts. You don’t have time for administrative and hiring headaches, do you?

Talent management software helps healthcare organizations acquire, develop, assess and retain the best workforce possible.  This maximizes the quality and efficiency of patient care by constantly recruiting team members that are engaged, competent and experienced. Oh – And cost effective!

Just some of the capabilities of talent management software include new applicant tracking, on-boarding, performance management, reference checking, physician recruiting and candidate sourcing. Some software programs even have the ability to manage, track and report on compliance, ensuring that your practice (and employees) operate with as minimal risk as possible.

The want and need for talent management software within this industry is clear. But, is it affordable? At Employer Solutions Plus, we often recommend bundling the benefits of talent management software into a co-employment relationship with a PEO. Knowing that you need multiple vendors surrounding your practice (i.e. a talent management software provider, health insurance, workers compensation, and payroll), it only makes sense to bundle these services under one employee management umbrella: a PEO.

By relying on one service provider for all of your outsourcing needs, you’re able to limit the amount of time you spend working outside of your core competencies, but you can also significantly decrease the amount of time you’d normally spend interacting with vendors.

For more information on talent management software and other employee-related management solutions, contact Employer Solutions Plus. We’ll help you determine which areas of your business require the most attention, and whether or not those areas are a good fit for a single vendor or a PEO.