Predictive analytics helps long-term care providers recover from a pandemic

BALTIMORE, March 8, 2021 / PRNewswire / – As an active supporter of the post-acute healthcare industry, Arena Analytics offers knowledge from its machine learning platform to meet the workforce needs of skilled nurses and healthcare providers. care for the elderly.

Communities and facilities providing care for the elderly have faced increasing expenses in their struggle to keep residents, patients and staff safe during the pandemic. At the same time, these operators have experienced declines in revenues due to falling occupancy rates.

Even in the best of circumstances, the job of caring for our most vulnerable seniors in assisted living, senior living, skilled nursing and nursing homes is a challenge. However, people who feel motivated by a sense of mission and purpose find the work inspiring and meaningful. Arena’s predictive analytics matches people with specific roles at the sites and communities where they are most likely to thrive. Applicants interested in only finding jobs where they are likely to experience this type of success can access the Arena platform and be matched to positions close to them. Employers can take advantage of Arena’s retention forecast to identify candidates most likely to be retained and provide quality care and service.

Applying Machine Learning to Predictive Analytics in the Recruitment Process Helps Post Acute Care Providers Dramatically Reduce Turnover of “ New Employees, ” a Critical Step for Those Who Can No Longer Afford the cost and troubling effects of an unstable workforce. While other talent acquisition tools can assess skills and traits that may correlate with job performance, machine learning techniques integrate employer outcome data to enable personalized pre-hire prediction. optimized for specific results – in this case, retention.

Former head of human resources at Sunrise Senior Living and current Arena advisor, Mike Rodis, says: “We decided to use Arena because it gave us the opportunity to integrate a very different data frame into our decision-making process. I can’t imagine anyone who wouldn’t want to know which of their candidates. is likely to stay longer… I want to know that because it’s better for my residents. It’s better for my team. It’s better for hiring managers. “

“The more we can manage the turnover of our front-line team members, the better we can run our business,” says Rodis. “And that’s why we started with Arena. None of us understood predictive analytics. I still don’t understand predictive analytics, but I know it works. And I know it works because I’ve ridden it enough, in enough places in United States, over a period of time long enough to verify that the returns were valid. “

Over the next two months, Arena is offering the information from its platform to post-acute care providers with full coverage, removing financial risk at a time when providers can no longer afford expenses. If the insights from data analytics don’t reduce staff turnover as vendors see a clear ROI, there is no cost to vendors.

About Arena (https://www.arena.io/) applies predictive analytics and machine learning to help businesses organize their workforce and help individuals move into roles where they can thrive. Machine learning makes it possible to exploit a large amount of data to predict with a high level of accuracy the likelihood of different outcomes occurring, such as a person’s departure, engagement, great participation, etc. By revealing the likely outcomes of each individual in specific positions, departments and locations, Arena transforms the labor market from a market based on unconscious perception and prejudice to one based on results. Arena is currently experiencing spectacular growth in the healthcare and foodservice sectors and is expanding its offerings to other labor-intensive industries. For more information contact [email protected]arena.io