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Senior Care Provider Dramatically Reduces Workers Compensation Expenses
A senior living provider with multiple locations adopted IntegrityFirst and disqualified 26.5% of job candidates based on indications of risky behavior.
This resulted in a reduced number of workers compensation claims and significant cost savings, resulting in:
22:1
Return on Invesment
15%
Reduction in workers compensation costs
72%
Reduction in days lost to workers compensation claims
50%
Reduction in workers compensation claims
Silverado, with 59 locations in 8 states, enriches seniors quality of life through Senior At Home Care, Memory Care Communities, and Hospice Care conducts business in an industry where workers compensation claims are commonplace. The company was was looking for a more effective process to reduce workers
compensation claims and costs.
THREE OPTIMIZATIONS TO REDUCE CLAIMS
Organizations are opting for a few distinct paths to battle rising volume and recoup annual loses to claims.
1. Focus on Equipment
There is no shortage of threats throughout a senior care facility. Ensure your employees have the appropriate personal protective equipment and understand how to use it correctly. Replace equipment before it becomes a liability. Implement the oversight infrastructure to confidently know your team is using work equipment correctly and inspecting it regularly, and securing all parts and cords at the end of the shift to avoid theft or injury.
Reducing worksite threats is the work of both employees and employers. From correct signage and labels, to ensuring you have a well-trained staff using proper equipment, working together keeps everyone safe.
2. Focus on Training
Being good with one’s hands does not mean one is mentally prepared for the work. Implement the infrastructure – and culture – of continuous, comprehensive training updates, including safety protocols, use and security of equipment, how to maintain a hazard-free workspace, and the importance of regularly inspecting your equipment and facility.
3. Hire the Best Candidates
Reducing workers’ compensation losses is not a question of “How?” but a question of “Whom?”
As senior care facilities implement interventions to reduce work-related injuries through training programs and better worksite hygiene, reports have varied regarding the impact they ultimately have on annual compensation claims and costs.
If you oversee hiring or managing risk at your senior living facility, you are acutely aware of the impact of poor hiring choices on injury claim volume. By eliminating high-risk candidates from the hiring pipeline, you can see significant reductions in workers’ compensation losses. Silverado enjoyed a 50% reduction in workers compensation claims.
While these improvements are the baseline for helping care facilities reduce workers’ compensation claims, the optimization with real data behind implements changes at the point of entry – by improving hiring practices.
15% of the workforce are drug and alcohol abusers
- Use 3x as many sick days
- Are 4x as likely to be in an accident
- Are 5x as likely to file workers’ compensation claims
- Are 10x more likely to steal
The best practice of using scientifically-proven pre-employment assessments can reduce workers’ compensation claims at a senior care facility by 50%.
Change That Works
Not everyone is truthful nor a good judge of character. Take the guesswork out of hiring by screening job applicants with web-based integrity tests. Overt integrity tests predict workers’ compensation claims through a candidate’s potential for both workplace injuries and malingering.
The best practice of using scientifically-proven pre-employment assessments can reduce days losst to workers’ compensation claims by 72%. In addition, cloud-based screening tools can reduce turnover, theft, and the amount of background screenings and drug tests that are required.
A tremendous amount of evidence exists that suggests organizations should consider adding a proactive, pre-employment integrity screening program to their Recruiting process as part of their overall Talent Management efforts.
Incident Reduction Assessment
Discover where money is inside of your risk and workers’ compensation programs. See a clear action plan on how to recapture this money. Receive a blueprint on how to reduce claim costs and lower your OSHA incident rating.