According to reports from The Health Industry Distributor Thought Leaders Initiative, healthcare providers are expecting cuts in reimbursements during 2015 that will reduce operating margins by up to 30%. This can significantly impact profitability and their ability to sustain and grow in the future. With this challenge, hospital supply chain management will have to factor in new ways in which they can continue to provide quality products for patient care and come up with …
Compliance Measures in Hospital HR
Though it may not seem like it, a hospital’s HR department is under quite a bit of stress. Of course they handle things you would expect from HR -customer relationships, complaints, and so forth. But hospitals have the additional stress of complying with the HIPAA act. At first glance, it would seem that HIPAA regulations really only dictate IT departments in hospitals, …
Hospital HR: Bringing the Right People Onboard
In many ways, hospital HR is like HR in any other industry. The human resources are the people who make up the workforce of the organization and the human resource department is the group responsible for managing these resources. However, unlike employees at a widget factory or hair salon, a hospital’s staff must deal with life and death decisions every day, …
Future of Hospital HR – What to Expect
The future is fast approaching, and as the web and social forces continue to affect hospital HR, we can expect to see more changes. As we look into our metaphorical crystal ball, here’s what we expect to see more of in the future. Focus #1: More Employer Branding With the growth of social media channels and employer review sites such as Glassdoor, hospital …
Customized Solutions to your PeopleSoft ERP Challenges
Enterprise Resource Planning (ERP) software simplifies and modernizes business systems. Knowledgeable hospitals and healthcare organizations use Oracle’s Peoplesoft ERP for this purpose, and to manage costs and improve productivity. It provides many features that make it a valuable platform with the benefits of smarter decision making and problem solving in areas of patient and workforce management, as well as supplier relations and …
Getting Bigger Returns in Hospital Financial Management
Hospital Financial Management professionals need to get a new perspective in order to see how PeopleSoft can continue to give them bigger returns on investment. A hospital can sometimes appear to operate like a retail consumer business by being expected to constantly identify cost saving opportunities while using the same resources they have over and over again to achieve better results. PeopleSoft ERP has excellent solutions …
Hospital HR: Creating a Safe Environment for Your Hospital
You may think you know a lot about Hospital HR; but are you aware of the role they can play in Hospital security? We all know about the surge in violence in America. What you probably didn’t know is that hospital staff is often a target in these attacks. 63% of all non-fatal attacks in the U.S. occur in hospital or social …
Three Ways to Improve Productivity and Lower Costs with Enterprise Resource Planning
According to a recent article from ZaneBenefits, analysts predict that an estimated $765 billion will be spent excessively in 2014 alone and will have decision-makers looking for ways to keep up with increasing network costs within their hospitals and private practices. Whether you’re a health insurance provider or healthcare industry professional, trends in technology impact how we do business and how we reach …
Oracle News and Product Updates: Improving Business Processes and Profits
In the world of multinational computer technology corporations, Oracle is a well recognized force. Oracle was founded in 1977 and is headquartered in Redwood City, California, in the United States. The company specializes in developing and marketing computer hardware systems and enterprise software products, such as PeopleSoft. They also build Enterprise Resource Planning (ERP) software, Customer Relationship Management (CRM) software, and Supply Chain Management …
Hospital ERP is the Foundation of Quality Patient Care
It is well understood that the bottom line for a hospital is that it delivers excellence in patient care. What happens behind the scenes in human resources, supply lines, financial management and all the other myriad details is where a hospital must function like any other corporate structure.Resource management software, such as PeopleSoft ERP, is a vital tool in making integrated …
