7 Helpful Benefits a PEO Can Offer Healthcare HR Professionals

Quick look: Healthcare HR Week recognizes the hard work and accomplishments of human resource (HR) professionals within the health industry. As new challenges emerge in the ever-changing sector, a PEO partnership adds ease and efficiency to these experts’ work routines. In this blog, discover how HR professionals can leverage PEO services to streamline their responsibilities.

When the healthcare industry is mentioned, job titles like doctors, surgeons, and nurses immediately come to mind. But what about human resource professionals? Healthcare HR Week is an annual event keeping these roles present in industry conversations. Founded by the American Society for Healthcare Human Resources Administration (ASHHRA), this March celebration spotlights how irreplaceable the human connection is and honors the invaluable contributions of HR professionals across the nation.

HR responsibilities, refined

Healthcare HR professionals can leverage a PEO to better organize and perform daily tasks. Here’s a list of primary advantages these partnerships can provide.

Achieve cost-effective employee benefits

From urgent care clinics to dentistry offices, healthcare continues to be a high-demand and fast-paced industry. This reality impacts its workforce’s mental health, with 46% of employees claiming they often feel burned out. Consequently, most workers expect their HR professionals to deliver solutions for their work-life balance needs.

Employee benefits remain an important HR offering that supports teams’ physical and mental wellbeing. PEOs’ economies of scale enable small- to medium-sized businesses (SMBs) to access premium benefits packages usually reserved for enterprises. By combining multiple employee pools into a larger group, a PEO negotiates more comprehensive plans at better rates than SMBs can individually.

This advantage allows HR professionals to diversify their benefits and give a broader offering to employees. A PEO also manages benefits administration, helping streamline the entire process from enrollment to renewal.

Enhance recruitment strategies

Job market competition is rising, especially since the total number of healthcare companies grew by 21% in the past five years. Properly promoting open roles and executing thoughtful interviews are necessary to attract ideal applicants. An outdated recruitment strategy can prolong a job position’s vacancy, interfering with team productivity and efficiency.

HR professionals can refine their recruitment process with full-scale PEO tools and advice. ExtensisHR’s complimentary recruiting services, for example, provide:

• Creating standout job postings
• Sourcing candidates for most staff-level positions
• Evaluating talent pools
• Providing tips for interviews and skills assessments
• Increasing process proficiency with AI-powered tech
• Eliminating bias and pay discrepancies with DEI-focused searches and salary surveys

Fill in HR expertise and resource gaps

According to The Society for Human Resource Management (SHRM), most companies have between 1.5 to 4.5 human resource professionals per 100 employees. This ratio often leaves HR departments juggling their time to complete routine tasks and address incoming staff requests. A PEO extends that bandwidth by offloading the administration behind core human resource operations. A certified support team also oversees tasks and delivers guidance on procedures such as updating an employee handbook policy or reviewing a workers’ compensation claim.

Simplify the payroll process prevention

Payroll is an essential and intricate process. Its accuracy ensures fair employee pay and company compliance with tax and financial regulations. With 48% of companies experiencing payroll skill shortages, outsourcing to a PEO helps reduce errors and stabilize business finances.

Healthcare HR professionals gain a wealth of assistance through a PEO’s payroll solution, which can include:

• Payroll software that tracks payments, organizes paystubs, and automates custom reports
• Access to a Payroll Specialist’s support throughout the process
• Tax filing, withholdings, and compliance help

Elevate workforce scheduling

Patient care is a 24/7 necessity, causing most medical practices to operate outside of traditional office hours. Between emergency night shifts and weekend appointments, HR professionals must meticulously build team schedules and have transparency on shift absences, coverage concerns, and staff availability.

A PEO adds ease to scheduling responsibility with its solutions. ExtensisHR, for instance, offers a Time and Labor Management tool within its HRCloud technology platform. Instead of relying on manual spreadsheets and paper records, healthcare HR professionals oversee employee attendance, time-off requests, overtime, and other entry data within a cloud-based system. Its real-time tracking and custom reporting features empower healthcare businesses to achieve adequate coverage, reduce staff overscheduling, and prevent payroll mistakes due to miscalculating hours worked.

Stay ahead of workplace regulations

Labor and safety compliance remains a high priority for healthcare facilities. Workers must understand and follow strict rules set by OSHA, HIPAA, and other federal laws to remain operative and protect themselves and their patients from potential risks. Still, regulations’ changing nature can present unique challenges. Aside from staying vigilant of these updates, HR professionals may have to reorganize whole workflows to meet added standards or action deadlines.

A PEO partnership takes the guesswork out of compliance maintenance. Certified PEO risk experts remain up to date with employee-specific regulations and safety guidelines. When new changes occur, they help create and execute plans to implement the required updates throughout the business. This strategy allows healthcare HR professionals to maintain high workplace standards and keep their practices safe.

Promote professional development

Career growth starts with continued education. Employees welcome such opportunities, with 45% stating they’d stay longer at a company that invests in their learning and development. Businesses with comprehensive training programs also hit a 24% higher profit margin than those without. However, deciding which courses and lessons best fit each department can be a tedious challenge for smaller HR teams.

Navigating professional development with a PEO amplifies these program capabilities while saving time for HR leaders. A PEO’s learning management system (LMS) hosts an inclusive knowledge base platform where managers can assign employees workplace safety, anti-harassment, and other general career courses. The PEO collaborates with a healthcare practice’s internal HR team to create intricate training paths and modules for specific roles and departments.

Further progress is trackable and paired with relevant corporate and team objectives via performance management software. A PEO support team also helps healthcare staff explore internal learning opportunities like mentorships, leadership coaching, and internships.

Treat your HR team to PEO expertise

HR professionals go above and beyond to strengthen your medical practice’s workforce. ExtensisHR’s PEO solution handles human resource tasks with the same level of dedication and care. Our highly trained experts boost the proficiency and success of your internal HR department by offloading and managing the time-consuming administration behind every employee operation.

ExtensisHR empowers your HR management by offering:

• Complimentary, full-scale recruitment services for most staff-level positions
• Competitive employee benefits with enterprise-level perks at cost-effective rates
• Enhanced scheduling tools and reporting within HRCloud’s Time and Labor Management platform
• A personalized support team, including an HR Manager, a Payroll Specialist, and an Implementation Manager
• Fast human-first assistance from our Employee Solution Center when employees call with questions or inquiries
• Workplace risk and compliance help based on federal, state, and local regulations
• Guidance on creating a professional development plan for your team’s needs

As your PEO partner, we bring innovation to your human resource strategies, empowering your healthcare team to thrive. Contact ExtensisHR today to learn more.