Key points: In the healthcare industry things are rapidly changing. To keep up, healthcare organizations often need high-level executive professionals without full-time commitment or high expense. Hiring fractional executives often provides a cost-saving alternative.
Recruiting and retaining top talent is one of the greatest challenges in the healthcare industry. Experts are hard to find and in high demand, and compensation is often hefty.
Hiring fractional experts often provides a cost-saving alternative without the financial burden of a full-time salary.
(source: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6924865/)
Fractional work may offer significant flexibility for a career in healthcare. “Fractional work refers to the practice of hiring experienced professionals and subject matter experts, often as contractors, on a part-time or project-specific basis. This approach deviates from traditional full-time employment, providing organizations with access to specialized skills and knowledge without a long-term commitment.”
Fractional executives can step in during critical phases to offer specialized insights, fresh perspectives, and support within a flexible timeframe, all without the financial commitment of a full-time role. These professionals bring valuable expertise and guidance, while also providing a cost-effective, adaptable solution to meet an organization’s unique health and safety needs.
(source: https://www.linkedin.com/pulse/fractional-experts-strategic-advantage-benefiting-health-arbuckle)
There are many reasons for a fractional executive. Sometimes, fractional employees can fill an interim need while searching for a full-time expert. For some organizations, hiring a full-time professional may not be financially possible.
Interim professionals often step in during a transition phase or until a permanent hire is made, whereas fractional professionals offer a more strategic solution.
When organizations need skilled, experienced leadership to oversee planned or unexpected opportunities, Primeau Consultants assure stability through periods of transition.
Our interim Health Information Management professionals bring deep leadership, revenue cycle management and operating experience, with the highest levels of industry expertise. Their experience can be essential for identifying areas of improvement, implementing strategies efficiently, and ensuring that decisions are made in the best interest of the organization.
(source: https://primeauconsultinggroup.com/services/#zz_sim)
In the healthcare industry things are frequently changing at lightning speed. Healthcare organizations often need executive-level professionals without full-time commitment or high expense. The concept of fractional work combines expertise with flexibility and affordability to accelerate growth and create new opportunities.
If you have questions about fractional work or interim Health Information Management visit us at https://primeauconsultinggroup.com/.
