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Premium Report Details
Base Year: 2023
Companies covered: 10
Tables & Figures: 239
Countries covered: 22
Pages: 210
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Healthcare Workforce Management System Market
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Healthcare Workforce Management System Market Size
Healthcare Workforce Management System Market size was valued at around USD 1.6 billion in 2023 and is anticipated to register a CAGR of over 10.7% between 2024 and 2032. A healthcare workforce management system, also known as workforce management software is a comprehensive solution designed to assist healthcare organizations in efficiently managing their workforce.
This software encompasses various tools and functionalities to streamline tasks such as staff scheduling, time and attendance tracking, credentialing and compliance management, task allocation, performance evaluation, labor cost management, communication, reporting, and analytics. The notable technological advancements, including a surge in innovative product launches aimed at enhancing market penetration, serve as significant drivers for the market.
For instance, in 2023, the enterprise-grade human capital management (HCM) platform for health systems Empeon unveiled the beta release of its scheduling solution. This new addition to Empeon's comprehensive HCM platform is designed to streamline and improve healthcare workforce management, including benefits management and other essential functionalities.