• Enterprise Resource Planning(ERP) Benefits In Healthcare

    Posted on March 10th, 2011 Asocia Blog No comments

    Happy doctors working on a laptop

    There has been a significant growth in the healthcare industry recently which has enabled hospitals to use the latest technology such as Enterprise Resource Planning(ERP) software to provide better services and provide value for money to their patients. Hospitals can’t continue to follow old practices and technologies. They need to be updated in terms of use of latest technology and faster information transfer for better services and retain their patients.

    ERP can be of immense help in improving the working and value realization of any hospital of any size. ERP in health care industry can be very handy in improving human resource management for maximizing the value realization of investment done on the human capital. ERP system can relate the HCM applications with customer relationship tools to make every employee responsible for his actions and directly involved in the success of the organization. ERP in health care industry help greatly by providing an edge in anticipating demands for skilled work force and improving the retention rate to use their work force as strategic asset.

    Lower operational cost in another marked improvement brought in by the use of ERP in health care industry. With the use of ERP, human intervention and requirements are reduced, information transfer is quick and automated, tedious works like scheduling and appointments can be managed with greater ease and lesser effort, patient management like registration, discharge, billing and transfer can be done with lesser manpower to cut down the cost of operations drastically. The hospitals can utilize this money and energy for improving other industry specific processes.

    Financial management is another department where ERP provides innovative solutions to increase profit margins by providing cost cutting methods, better managerial reports, risk management and better insight in the business. The integration of various financial processes and development of new processes help in much better financial management of any unit of health care industry.

    Inventory management has been an integral part of any ERP solution and it continues to work as an important feature in the ERP for health care industry too. Any hospital faces big challenges of maintaining the inventory and instruments required on daily basis by the hospital staff for daily services. ERP solutions is of great help in maintaining minimum levels of inventory, instrument maintenance and purchase, reorder status, expiry, helping in finding more economical sources and suppliers. Better inventory management helps in giving better services and increasing profit margins.

    Front office of any hospital is of prime importance to provide updated information at one desk. Bed availability, appointments, schedules of doctors, specialized services and treatments and other information are readily available to the people working at the front desk and also ERP for health care industry supports front desk by their expert advice on any latest medicine, disease or treatments.
    ERP solutions for health care industry also contribute immensely in improving the working of hospitals to have an edge over growing competition.

    ASOCIA Healthcare, has decades of experience in ERP and Healthcare. If you have a question about how ERP can be utilizied in a healthcare setting or need assistance, please give us a call. We look forward to hearing from you. 1.800.481.0352.

    ASOCIA Healthcare is a privately held provider of information technology consulting and advisory services to healthcare clients nationwide. ASOCIA is a preferred vendor to the nation’s largest hospital operators and healthcare institutions. ASOCIA specializes in Enterprise Resource Planning (ERP) consulting services in the healthcare sector and Healthcare Information Technology (HIT) consulting and advisory services. ASOCIA is a woman-owned enterprise (WBE) certified by the Women’s Business Enterprise National Council (WBENC).ASOCIA is based in Atlanta, Georgia, with regional offices in Florida, New York,and California.www.asociahealthcare.com

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