Dropstat’s AI-powered solution for healthcare staffing is generating significant change among many organizations to date and is helping revolutionize staffing in the nursing industry.
Before the COVID-19 pandemic, healthcare organizations were already struggling to keep up with rising staffing requirements generated by the aging population. The pandemic exacerbated this issue for already overworked staff. The nursing industry stands to lose 500,000 nurses, who considered quitting due to COVID-19 fatigue, and one million more plan to retire from bedside care in the coming years.
“The growing labor shortage negatively impacts patient outcomes and increases wait times and the cost of care, all of which threaten to create a public health crisis,” states Sara Well, CEO of Dropstat. “Healthcare facilities need to be empowered to build stronger teams and decrease their reliance on high-priced outsourced labor.”
Dropstat offers scalable solutions that enable healthcare organizations to reclaim workforce independence. Traditional systems require staffing managers to identify shift gaps and contact staff to fill them manually. Often, the result is unfilled shifts and an increased workload on nurses. The company’s mobile and cloud-based systems are designed to predict staffing needs months in advance, autonomously fill shift gaps using shared staff across departments and facilities, and streamline processes — providing more control and optimizing costs.
“Dropstat helps healthcare facilities solve nurse shortages. The secret is that the software gives nurses more control over their schedule, which makes them happier to work more shifts,” said Paul Iaffaldano, General Partner of Panoramic Ventures. “It also helps a facility understand much earlier in the process when they will need outside help. That awareness drives down the cost of labor and makes staff more satisfied with their work environment.”
With the $5.5M seed funding, Dropstat will continue to rapidly expand its services to healthcare clients across more than 50 markets in the US.
About Dropstat’s and it’s AI-powered solution for healthcare staffing:
Dropstat is an AI-powered workforce automation platform that helps healthcare organizations combat clinical staffing shortages. With its predictive analysis technology, healthcare organizations can predict staffing needs, which helps staff schedulers visualize and access staff across multiple systems, fill shift gaps while considering cost and safety optimization, and build internal float teams and agencies. Open APIs integrate with existing travel and shift marketplaces, while cost-management technology ensures in-house resources are exhausted before utilizing higher-cost labor. Dropstat’s upgraded business intelligence dashboards, churn prediction technology, and proprietary staffing feedback loops help healthcare organizations build stronger teams, fill more shifts, and spend less. For more information, visit Dropstat’s supportive and information-packed website.
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