The Affordable Care Act (ACA) came with some new reporting requirements for employers with over 50 employees. These new forms took effect in the 2015 tax year. This has left the HR departments in many medium and large businesses scrambling to learn the new requirements and complete the forms. Form 1095-C must be sent to all full-time employees eligible for …
How PeopleSoft ERP Benefits the Medical Field
ERP (or Enterprise Resource Planning) software is an important component in the medical field. There are many companies who specialize in ERP software, with PeopleSoft being one of the most well-known and utilized. ERP software is used to handle hospital reception management, patient registration, billing, and can even be used to process and store medical records. No longer will receptionists …
Tips to Improve Hospital Materials Management
Hospital materials management is a complex process. Improving materials management reduces overall cost and increases service quality. There are a number of things hospitals can do to improve their materials management. Below are a few tips to assist you in improving materials management within your organization. Analyze stock – It is crucial that specific materials be in the right place …
Hospital Support Costs Killing Profits with New Obamacare Regulations
Hospitals and health facilities provide value through care, diagnosis, medication and procedures by doctors with assistance from nurses. Despite this fact, the difference between profitability and loss is not the quality of the health professionals but of the hospital support costs. In particular, Obamacare has added some new mandates that place incentives on efficient process and outcome rather than procedures …
