29% of Care Providers Operating at a Deficit

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Published: 17 January 2025 Blogs

Recent findings from the 2024 Sector Pulse Check report, created by Care England and Hft, highlight the critical challenges facing care providers today. With 29% of care providers operating at a deficit, 90.9% citing workforce-related costs as their top financial pressure, and three in ten providers forced to close parts of their organisation or hand back contracts, it’s clear that action is needed now. This blog explores how workforce management solutions like RotaMaster can address these pressing issues and provide much-needed support to the care sector.

Financial Pressures: Reducing Costs and Improving Efficiency

The fact that nearly a third of care providers are operating at a deficit underscores the urgent need for cost-saving measures. RotaMaster’s workforce management software delivers significant financial benefits by reducing administrative tasks and streamlining operations. By automating complex scheduling processes, organisations can save up to 70% in administrative time and costs, freeing resources to focus on delivering quality care.

Additionally, by optimising staff scheduling and minimising reliance on costly agency workers, RotaMaster helps organisations make better use of their existing workforce while reducing unnecessary expenditures.

Tackling Workforce-Related Costs

Workforce-related costs have been identified as the most significant financial pressure for care providers, according to 90.9% of respondents in the Sector Pulse Check report. High staff turnover, absenteeism, and overtime costs place an enormous burden on budgets.

RotaMaster addresses these challenges by:

  • Fair Scheduling: Ensuring staff are allocated shifts equitably, boosting morale and retention.
  • Absence Management Tools: Simplifying processes for tracking and managing absences to reduce disruptions.
  • Integrated HR Features: Streamlining compliance and payroll, helping organisations maintain financial control and staff satisfaction.

Maintaining Operational Stability

With three in ten providers closing parts of their organisations or handing back contracts, operational resilience is a growing concern. Disruptions not only affect financial stability but also impact the quality of care provided.

RotaMaster supports care providers by:

  • Dynamic Rota Management: Allowing real-time adjustments to shift patterns, ensuring optimal staffing levels during unexpected changes.
  • Scalable Solutions: Offering modular tools that grow with organisational needs, reducing the risk of underperformance during periods of change.
  • Proactive Communication Tools: Features like SMS messaging enable swift communication with staff, reducing the time and cost of filling last-minute vacancies.

The Need for Immediate Action

The Sector Pulse Check report calls for urgent reform to address the care sector’s challenges, arguing that waiting until 2028 for reform from the recently announced Commission is not an option. While structural changes may take time, tools like RotaMaster are already available to provide immediate relief. By empowering care providers to manage their workforces more efficiently, RotaMaster helps organisations adapt to current challenges while positioning themselves for future growth.

Conclusion: Delivering Real-World Solutions

The care sector faces unprecedented pressures, but there are actionable steps providers can take now to mitigate these challenges. RotaMaster’s comprehensive workforce management solutions address financial, operational, and workforce-related issues head-on, providing the tools needed to reduce costs, improve efficiency, and maintain high standards of care.

To learn more about how RotaMaster can support your organisation, visit our website or contact us today.

For additional insights, read the full 2024 Sector Pulse Check report from Care England and Hft here

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