| [November 07, 2017] |
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Kronos Wins Top Honor from Frost & Sullivan for Healthcare Workforce Management
Frost & Sullivan (News - Alert) has recognized Kronos
Incorporated with the 2017
Market Leadership Award based on the North American healthcare
workforce management IT market analysis. Each year, Frost & Sullivan
presents this award to an organization that strives to be best-in-class
in three key areas: understanding demand, nurturing
the brand, and differentiating from competition.
Kronos (News - Alert) earned this award for its clear and sustained leadership in
healthcare workforce management in the U.S. for four decades and
impressive growth in international markets. With the fundamental belief
that greater staff engagement helps retain a high-performing workforce,
Kronos offers solutions to health systems that drive workforce
productivity for better patient experiences.
News Facts
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More than 90 percent of U.S. hospitals have some form of workforce
management technology in place, and Kronos is the market leader,
serving more than 3,500 acute hospitals and more than 10,000
post-acute care organizations. Globally, it has a presence in the
healthcare sector across Africa, Asia, Australia, Europe, and North
America.
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According to Frost & Sullivan, Kronos' success with health systems is
a result of the following:
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A highly experienced healthcare staff that includes a high
proportion of registered nurses;
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A future-facing strategy that anticipates and gets ahead of
changes in the industry; and
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A simplified, customer-friendly implementation process for all
technology.
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Kronos also provides the most comprehensive healthcare workforce
management suite of solutions in the cloud. The Kronos suite includes
time and attendance, HR, payroll, employee scheduling including nurse;
physician; clinician; and periOp scheduling, absence management,
workforce analytics, and mobile applications. These solutions deliver
strategic value to health systems every day. Examples include:
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The workforce analytics module enables predictive scheduling,
improved cost management, and increased labor productivity with
more visibility to staffing at all times;
-
The patient classification solution more effectively matches human
resources to patient needs on a day-to-day basis;
-
Customized nurse scheduling incorporates the shift-based staffing
approach; and
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An enterprise-wide physician scheduling solution helps minimize
delayed time to patient treatent.
-
Kronos is also committed to bringing the latest innovation to its
customers, requiring minimal IT support for implementation and
maintenance. Committed to industry-leading innovation, Kronos offers
an industry-recognized cloud platform.
-
Currently Kronos is used by more than 30,000 customers, and the
company is already exploring new technologies such as employee
mobility and self-scheduling that will serve emerging market needs.
Supporting Quotes
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Nancy Fabozzi, principal analyst, Frost & Sullivan
"Frost
& Sullivan finds that at the core of Kronos' growth strategy is
continuous innovation in response to changing market needs. Kronos'
keen foresight of impending industry issues and early investment in
technologies that address the emerging needs of providers globally is
the underlying element of its success. At present, the company sees
huge growth potential for its cloud platform. Kronos also understands
that both building the optimal solution and achieving market success
require close understanding of and interaction with the industry in
focus. Kronos also employs a sizeable healthcare-focused staff in
comparison to other workforce management software vendors."
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Susan Reese, DNP, MBA, RN, CPHIMS, director, healthcare practice
group, Kronos
"Frost & Sullivan Market Leadership awards
recognize organizations for demonstrating outstanding achievement and
superior performance in leadership, technological innovation, customer
service, and strategic product development. The award truly reflects
our commitment to effectively engaging our employees and servicing our
customers. It is this dedication that impacts our relentless pursuit
of innovation in everything we do. We sincerely thank Frost & Sullivan
for the recognition and also extend gratitude to our entire Kronos
team who is behind this success."
Supporting Resources
About Kronos Incorporated
Kronos is a leading provider of
workforce management and human capital management cloud solutions.
Kronos industry-centric workforce applications are purpose-built for
businesses, healthcare providers, educational institutions, and
government agencies of all sizes. Tens of thousands of organizations -
including half of the Fortune 1000® - and more than 40 million people in
over 100 countries use Kronos every day. Visit https://www.kronos.com.
Kronos: Workforce Innovation That Works.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171107005116/en/
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