Healthcare | Perspectives and insights on healthcare technology and healthcare industry trends and topics
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Healthcare

Perspectives and insights on healthcare technology and healthcare industry trends and topics

Healthcare Marketers: What Tools are in Your Marketing Wallet?

My colleague, Beth Martin, Marketing Director, Digital Platform Solutions at Perficient recently wrote a blog post called What’s in Your Marketing Wallet? In her post she talked about the evolving role of marketers and how the marketing landscape is changing. As marketers we are no longer just the creatives with the catchy headline … we need to be the strategists, […]

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6 Healthcare EPM Trends: #5 Value of Care

TREND #5: VALUE OF CARE: THE SECRET SAUCE Costing is an evolutionary process that begins with one type of procedure, one clinic, or one service line, or perhaps with a hybrid costing methodology. The great news is that technology can help realize the goal of improved costing by allowing for the use of multiple costing methodologies […]

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6 Healthcare EPM Trends: #4 Financial Transparency

TREND #4: FINANCIAL TRANSPARENCY: MODERNIZE YOUR DECISION-SUPPORT SYSTEM As the healthcare industry moves toward value-based payment models and population health management, the need to innovate is paramount when it comes to cost management. Today’s CFO needs a new generation of decision-support technology solutions along with unprecedented access to transactional data to address tough questions across the […]

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6 Healthcare EPM Trends: #3 De-Mystifying the Budget Process

TREND #3: DE-MYSTIFYING THE BUDGET PROCESS: PERFORMANCE MANAGEMENT LEADS TO PERFORMANCE IMPROVEMENT Budgets have traditionally been an aggregation of numbers molded into a financial statement to measure margins and then asking business leaders to explain actual-to-budget variances. Healthcare leaders are now building strategies to mature this process into a compilation of metrics that are representative of […]

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6 Healthcare EPM Trends: #2 Budgets

TREND #2: BUDGETS: DAILY, WEEKLY, MONTHLY, ANNUALLY OR CONTINUALLY? Historically, budgets were compiled once per year (if that often) and variance analysis was a monthly activity. Hospitals started looking at multi-year, year-over-year analysis first, then eventually actual-to-budget, reinforcing the variance analysis process once data became more transparent. This led to “re-forecasting” the budget into a new […]

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6 Healthcare EPM Trends: #1. Data-Driven Decision Making

TREND #1. DATA-DRIVEN DECISION MAKING: BUILDING A PARTNERSHIP BETWEEN CLINICAL AND FINANCIAL LEADERS Performance management is a series of business processes to correlate financial and operational data to manage the margin and drive informed business decisions that support sound strategic and tactical planning and execution. Many healthcare organizations are in the midst of a transformation […]

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The Rise of the Cloud in Healthcare

The healthcare industry is inundated with data and with the adoption of EHRs, the acceleration of wearables, harnessing of Big Data and the rise of genomics and personalized medicine the industry will continue to see a deluge of data. Efficient and effective management of this data requires organizations to be able to generate timely and […]

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Healthcare EPM: Creating Visibility & Accountability

HEALTHCARE PERFORMANCE MANAGEMENT: A POWERFUL TOOL TO CREATE VISIBILITY AND ACCOUNTABILITY THROUGHOUT THE ORGANIZATION Healthcare enterprise performance management (EPM) is a technology-enabled business strategy that is helping to tackle the challenges of the transforming healthcare industry. EPM involves consolidating large amounts of data from various sources, querying and analyzing the data, and putting the results into […]

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Healthcare Delivery: A Need for Change

It is no secret that the healthcare industry is in a state of transformation and for good reason. In a recent international study that compared 11 nations on healthcare quality, access, efficiency, and equity, the United States was ranked last among wealthy countries. In other words, in the United States healthcare outcomes do not align […]

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Court Case That Could Impact Healthcare Social Media in a Big Way

There is some interesting litigation on the dockets that could potentially have some far reaching implications for healthcare social media and the future of healthcare public websites.  There was a class action lawsuit filed against Facebook and various healthcare organizations including American Cancer Society, Adventist Health System, BJC HealthCare, and the Cleveland Clinic.  The suit claims that PHI was exchanged […]

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A Digital Transformation Must: Turn Websites into Digital Hubs

Healthcare organizations are beginning to understand the value of a great website. But what makes awebsite great? For many the website is the center of the digital experience. But rather than just being a place for people to find information, websites should focus on the customer experience by being: USEFUL,  RESPONSIVE and INTUITIVE. Web analytics ensures this is possible […]

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Getting Started with Digital Transformation in Healthcare

The phrase digital transformation has been a big buzz word in healthcare and across other industries. The words digital transformation likely bring two questions to mind: what is it and what does it mean to me? Although it seems like a catchphrase, digital transformation is a business imperative even for healthcare organizations. Organizations that delay transformation […]

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Healthcare Blog

Perspectives on healthcare industry trends and topics and health IT insights to help organizations optimize operational performance, enhance patient and member experience, comply with regulatory demands and transform their business.

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