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 […]
Regulatory Compliance
Manage health system costs with insightful analytics – #HIMSS14
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 […]
Agile Forecast Planning for Healthcare Providers – #HIMSS14
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, […]
The Role of Finance Within the Hospital has Elevated – #HIMSS14
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 […]
Trends to Watch in the Healthcare World in 2014
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 […]
Bankers Get a Compliance Wake-up Call with Data Breach
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 […]
Healthcare CIOs are carefully moving to the cloud
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 […]
Positive evidence that Health IT improves patient outcomes
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 […]
The Value in Voice-Natural Language Processing in Healthcare
Guilty! I text while I drive…eek! I know, I know, it is really bad and those anti-texting and driving commercials get me too. That is why I am making a concentrated effort to ease up this one vice (stop laughing those that know me!) of mine. Instead, I am beginning to use the voice text […]
Top 5 Technology Trends in Healthcare – November 2013
The healthcare IT field is rapidly developing and changing. Emerging technology and updated regulations put pressure on healthcare providers and health plans to stay ahead of the curve. Perficient creates a monthly list that explores some of the current topics and issues in health IT. This list examines the most talked about issues and technologies […]
Two Keys to Success for Healthcare
Healthcare reform, ACA, Business Intelligence, Enterprise Portals, predictive analytics, pay for performance, the Triple Aim, total cost of care, patient safety….these, and many more, are the buzzwords in healthcare and medicine these days. Install this system, connect that system, run these reports, use this “intelligent program”… Do you ever wonder if we can solve all […]
Top 5 Technology Trends in Healthcare – October 2013
The healthcare IT field is rapidly developing and changing. Emerging technology and updated regulations put pressure on healthcare providers and health plans to stay ahead of the curve. Perficient creates a monthly list that explores some of the current topics and issues in health IT. This list examines the most talked about issues and technologies […]