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#HIMSS16 Hot Topic: Enterprise Performance Management
Anticipating the hot topics at HIMSS can be a mind boggling experience. However, I can bet topics that revolve around the Triple Aim will be at the top of the list. Today, I sat down with Terie...
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#HIMSS16 Hot Topic: Cost Management- Correlate Cost & Quality
When we take a look at the hot topics for #HIMSS16 it is no surprise that cost management is on the list. Healthcare organizations are continuing to understand the value of enterprise-wide...
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3 Hot Topics from #HIMSS16 Exhibit Day 1
Day one of #HIMSS16 has wrapped and it was a day full of networking and conversation around improving healthcare. While there were plenty of discussions about various topics in healthcare, there...
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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...
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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...
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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...
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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...
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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...
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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...
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6 Healthcare EPM Trends: #6 Innovation in the Cloud
TREND #6: INNOVATION: MOVEMENT TO THE CLOUD Enterprise performance management solutions are in a period of rapid transformation to the cloud. According to Gartner, the issues driving CFOs to consider...
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Infographic: 6 Healthcare Performance Management Trends
Healthcare enterprise performance management (EPM) creates visibility and accountability throughout the organization to identify financial performance gaps continuously, and quickly change course when...
View ArticleVIDEO: 6 Healthcare Performance Management Trends
Healthcare organizations have an increased focus on operational performance. Healthcare Enterprise Performance Management (EPM) creates visibility and accountability throughout the organization to...
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Hospital Labor Productivity: Squeezing the Turnip?
Assembling the vast amounts of data in healthcare is both a technical and political challenge. I’ve worked at or with multiple hospitals where the finance and clinical teams never really collaborate...
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