Oracle Ironing Out $5 Billion Purchase of Micros Systems

It was recently reported by SiliconBeat that Oracle was getting close to reaching a deal that would allow it to purchase Micros Systems for more than $5 billion. If completed, it will be the largest purchase that Oracle has made since purchasing Sun Microsystems in 2010 for $7.4 billion. Bloomberg noted that exclusive talks between the two were ongoing with each side still working out the …

Hospital Financial Management Trends for 2014

The shift in healthcare reimbursement systems is challenging CFO’s and other fiscal decision makers to reevaluate financial management like never before.  Shorter patient stays and a growing emphasis on quality vs quantity of care are among the contributing factors. While the initial reaction of budget makers may be to just spend less across the board, a smarter approach is strategic …

6 Benefits to Enterprise Resource Planning in a Hospital Environment

When evaluating whether or not a Full Enterprise Resource Planning is right for your hospital, consider these 6 Benefits discussed in a recent article by Healthcare Global: Patient information, data archives and supply chain information can be integrated and managed better Systems can be standardized with a common data dictionary to reduce duplication of effort and reduce errors Customer Relationship Management (CRM) results …

Four Reasons to Integrate Hospital Supplier Management into a Full ERP System

As costs for managing health care facilities continue to escalate, it is more compelling than ever to include Hospital Supplier Management in a fully Integrated Hospital ERP System. There are Four Compelling Reasons why implementing a fully integrated ERP System including Hospital Supplier Management is the right decision for your facility today: Eliminate up to 25% of the support costs associated with maintaining multiple stand alone databases. For …