Michael Tedrow

Background

About Michael Tedrow

Responsible for managing and delivering workforce efficiency consulting services. These include labor assessment, opportunity procurement, progress sustainability, and workforce structure assessments. Other services include hospital quality process evaluations for improved care coordination. Recent achievements include: • Attained annual labor savings of $2 Million for a 3-hospital system (288 beds) over a four-year period • Realized $1.62 million in savings for a 4-hospital system by optimizing processes focused on early identification of sepsis, reducing length of stay, and fostering earlier discharge times • Reduced wait times in Emergency Department by 33% while simultaneously increasing copay collection by 109% • Installed a workforce management program for a growing and highly profitable hospital with nearly 500 beds performing at the 95th percentile of net patient revenue. This program includes a workforce leadership structure, position control, biweekly productivity reporting, department level benchmarking, FTE budgeting, and ongoing progress assessment mechanisms. Within Premier Inc. Mr Tedrow is a workforce management subject matter expert with supporting over site on benchmarking and productivity analytics, tool standardization, and staff training.