Premium pay is the extra pay that staff receive for working outside of their regular hours, such as shift differentials, on-call or callback pay. Pathstone can help analyze scheduling processes to identify opportunities to reduce premium pay by adjusting staff schedules or implementing flexible staffing models.
Pathstone can work with operational stakeholders to minimize premium pay by optimizing staff schedules to reduce or eliminate shift differentials, reviewing on-call utilization, and focusing on areas with high on-call and low callback in both clinical and non-clinical departments through full elimination or replacement with straight time.