Financial Services

A former boss of mine, who happened to be the CFO of a large academic medical center, used to say the phrase “no margin, no mission” all the time. I’m not sure I really took the time to understand it at that point in time, but I have since then, “grown up”. My understanding of […]

Healthcare systems must be able to provide timely and accurate financial information for decision making and planning. Many hospitals and health systems are targeting hefty reductions in their operating budgets to maintain financially viable without interrupting investments in facility, information technology and other areas needed to remain competitive. This cost management culture requires organizations to […]

In today’s rapidly evolving healthcare environment, provider organizations must be able to identify financial performance gaps continuously and quickly change course when needed. As we discussed in my blog: Elevating the Role of Finance within the Hospital, this requires a partnership with operations to ensure that the correct metrics are correlated within the budget process, […]

Performance monitoring within the hospital can be accomplished through strategic partnerships between finance and operations. These partnerships serve the organization well and lead to financial steadiness. Let’s examine how this might work. A recent case study within the November issue of HFMA Magazine explores how Mary Lanning Healthcare in Nebraska showcased how data-driven decision making […]

What’s transforming the ways in which healthcare is provided? legislation new competition innovative incentives a call to refocus on priorities a more empowered and digitally engaged consumer, who has more and greater expectations for quality of care and convenience of care. a renewed attention on healthcare by the consumer market thanks to ongoing press about […]

Today we announced the acquisition of ForwardThink Group, a consulting firm specializing in financial services industry services and solutions. ForwardThink Group brings meaningful expertise in compliance and risk management, business intelligence and master data management, and business process management across the banking, wealth management, asset management, capital markets and insurance sub-verticals. They have a solid […]

While most of the mass media news about Target’s card data breach has focused on the direct effects on consumers, the forensics of the breach are starting to trickle out through specialists like Brian Krebs, and they’re really fascinating. At the highest level, it appears the attackers seem to have been able to enter the […]

Recently our company has increased our focus on what healthcare organizations are looking for when it comes to cloud computing, in large part due to our acquisition last year of two fantastic Salesforce partners (ClearTask and CoreMatrix). I found this article in Healthcare Informatics to be very interesting. It’s titled “The Many Flavors of the […]

There’s been a lot of buzz on Twitter this week around IBM Connect. The Perficient IBMers and Portals, Web Content and Social team are in attendance at IBM Connect and actively blogging about some of the sessions highlights at the show. One of the biggest stories out of the financial services and banking industry there […]

Brian O’Donnell, Senior Technical Consultant at Perficient, recently wrote a blog about Coin, the new all-in-one digital credit card that was recently announced. What is Coin?  Coin is a brilliant new technology that allows users to consolidate all of their cards into a single Coin card.  A Coin card is not your traditional credit card.  It […]

This is a fascinating report on a study by RAND researchers about meaningful use. It shows strong evidence that Health IT improves patient outcomes, specifically quality, safety, and efficiency outcomes. Michael Furukawa Director at the ONC , and Meghan Gabriel, Economist at the ONC, presented the results from this study in a blog post on […]

A lot has happened in the banking and financial services world this year. From the debates over a potential digital wallet revolution to the proliferation of mobile devices and big data – there was a lot to discuss! Here’s a look back at five of our top posts covering financial services technology trends and challenges.  […]