There are a lot of business owners looking to their supply chain for cost savings in the current economy. With the price of oil so low, this is a great time to realize cost savings. However, there is much more to supply chain management than just fuel costs. One of the biggest cost areas for many companies is in inventory management. By …
Oracle Eyes India And Cloud Technologies For Investment Opportunities And Growth
Technology giant Oracle has been eyeing India and Cloud technologies for investment opportunities and growth over the past few months, and now the company is making its move. One of Oracle’s biggest investments in India will come in the form of students. Forbes reported that Oracle CEO Safra Catz traveled to the Asian country in February to hear from Prime Minister Shri Narendra …
Pre-Admission Procedures Improve Hospital Finances
Pre-admission procedures gives a hospital its first opportunity to positively impact hospital financial management. Pre-admission Affects Hospital and Patient Resources From the hospital’s point of view, pre-admission interaction presents the best occasion to schedule hospital resources appropriately in advance. The threshold question from the patient’s perspective is whether the anticipated health care is necessary. Not only is that something that …
5 Things to Know About Hospital HR
When most people think hospital HR, they may think it is the simple task of handling the relations between doctors. If only it were that simple! Hospitals are made up of so many different types of employees: doctors, physicians assistants, nurses, nurse practitioners, administrative staff, house keeping staff, just to name a few. A human resources representative at a hospital has …
Leveraging PeopleSoft Supplier Relationship Management
In order to leverage PeopleSoft Supplier Relationship Management (SRM) to obtain each benefit, a number of steps must be taken to implement what Oracle terms its “integrated suite of procurement applications.” Streamline Procure-to-Pay Processes: PeopleSoft SRM provides that central knowledge base that is so important, particularly if your organization has merged with others, or has cobbled together legacy systems. So much information stays in …
Affordable Care Act Reporting and PeopleSoft HCM
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 …
Why Rutgers University is Looking to the Cloud
Rutgers, New Jersey’s State University has recently announced that it will be implementing several of Oracle’s Cloud Applications. The applications will help in a variety of areas in the university. They are easily scaled to fit various departments. We have seen more universities and hospitals turn to Oracle’s PeopleSoft Human Capital Management as features continue to expand with cloud services. Rutgers …
