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 …

Look to Belmero for Your PeopleSoft Human Capital Management Needs

If you pick the right people and give them the opportunity to spread their wings–and put compensation as a carrier behind it–you almost don’t have to manage them. ~Jack Welch Hospital support staff are the unsung heroes and the human faces that represent the hospital to the patients. It’s a daunting job. Support staff require excellent leadership to do their jobs well. …

Analytical Study Shows Healthcare Moving to Cloud ERP

Cloud studies conducted by HIMSS Analytics of Chicago IL show that 83% of healthcare organizations are using cloud services to host applications and data like ERP (enterprise resource planning). Cloud ERP makes use of Cloud computing platforms and services to provide  more flexible business process transformation.  These studies also revealed that over half of US hospitals use smart-phones and/or tablet computers …

Keeping your Inventory up to PAR with PeopleSoft Supply Chain Management

The supply chain is the second largest expense for healthcare providers. It is the key to creating a better end to end visibility of all their healthcare inventory supplies. PeopleSoft Supply Chain Management offers you the tools to running a better business including PeopleSoft Inventory. All of your hospital inventory is centrally maintained in PeopleSoft Inventory. However, inventory transactions are recorded …

Mobile Applications For Healthcare Management on the Go

The power of mobile applications in a high-tech world of doing business in the healthcare industry is essential in hospital financial management. Mobile applications allow real-time access to critical business information. Peoplesoft offers three mobile applications that can assist you in your mobile office needs: Peoplesoft Mobile Approvals, Peoplesoft Mobile Expenses and Peoplesoft Mobile eProcurement. You can use these applications …

Automating the Hospital Supply Chain

Hospitals spend billions of dollars each year ordering medical supplies required for medical procedures. But the sad fact is that a lack of efficiency within the hospital supply chain also creates billions of dollars in excess costs every year. Fortunately automating a hospital’s supply chain will simultaneously cut costs and make hospital supplies more easily replenished. Why Automating the Supply Chain Is …

PeopleSoft Supplier Relationship Management: A Useful Tool with Vulnerabilities to Fix

PeopleSoft ERP software is used by over 1/2 of the Fortune 500 companies and by many others worldwide as well, yet it still has it’s share of vulnerabilities. Because the applications are integrated over all of the business activities across departments, everyone works with the same data and processes. No more information silos! And, when implemented, companies use it to improve …

With Proper ERP Implementation, Hospital Support Costs Can be Reduced!

70% of the Fortune 500 either already have ERP or are planning to install it soon. The ERP marketplace is now expanding into the under $250 million size companies. The ERP premise is to help a company achieve the maximum results from a company wide database that helps the supply chain in becoming more effective, the Human Resource team in increasing their impact on performance, …

Tips to Get More From Your Investment in PeopleSoft Financial Management

Many PeopleSoft hospital clients bemoan the complexity of the software and worry that they are not getting maximum benefit from its features.  While it’s true the software is robust and multifaceted, and few institutions use all of the available features, just a little education goes a long way toward maximizing your investment. For today, consider these few tips to make PeopleSoft Financial …