HEALTHCARE INDUSTRY
About the Client
NxStage Medical, Inc. Is an American company that develops, manufactures, and markets systems for the treatment of chronic kidney disease, acute kidney injury, and hypervolemia. It is a subsidiary of Fresenius Medical Care. System One, a portable hemodialysis system, is the company’s primary product.
The Business Situation
- Major manufacturer of Dialysis equipment and supplies
- Publicly traded company with 1,000 employees
- Recently merged with Fresenius Medical Care
- A critical employee retention problem occurred through a new merger
The PREDICTIVEHR Solution
- Implemented an enterprise platform across numerous HR, Financial, and Operational systems
- Utilized a C-Level analytics dashboard that predicted and monitored main causes of employee attrition within the company
- Developed actionable tactics to mitigate unwanted attrition
The Outcome
- The PREDICTIVEHR platform predicted which employees were “at risk” of leaving the organization
- Defined a clear business impact to improve turnover, revenue, and earnings
- PREDICTIVEHR implemented an enterprise plan to remediate any potential turnover issues that would devalue the merger
- The CHRO and CEO utilized the Predictive platform to monitor and prevent attrition across the entire enterprise