5 Tips for Great Hospital Supplier Management

When it comes to using your ERP for hospital supplier management, there are some important areas your organization needs to address to effectively increase quality vendor relationships, decrease inventory and supply issues and integrate your supply chain management with the rest of your organization. Addressing the following 5 issues with supply chain relationships can drastically impact your supplier management for good! …

Survey Results: How do customers feel about their ERP solutions?

A new annual report on the state of customer satisfaction with ERP (enterprise resource planning) software offers some insights for customers considering whether to stay with their current provider, and for corporate executives who are still considering ERP software. In summary, ERP users who responded to the 2013 survey were not quite satisfied with their software. The Panorama Consulting Solutions annual state of …

5 Ways PeopleSoft ERP can Increase a Hospital’s Quality

Enterprise resource planning (ERP) for hospitals gives your organization the tools to increase quality, to control processes, and to address issues commonly faced by hospitals. Are your quality processes in need of the aid an ERP systematic renewal? Here are 5 ways PeopleSoft can help! Information Processing Accessing and reviewing timely information gives your management teams the ability to recognize expenses, …

Hospital Supply Chain – What to Look For When Seeking Assistance

The rising cost of healthcare is on everyone’s minds. Citizens worry about how they’re going to pay their medical bills while hospitals and medical facilities explore different ways they can further reduce expenses. Today, hospital managers have been forced to make some huge changes to the methods they use to keep costs low and while also going to some impressive …

Five Challenges in Supply Chain Management

Supply Chain Management is the most critical area of concern for hospitals. It is critical to the health and safety of patients and staff to have the right tools available to the right people at the right time. A recent survey published by Healthcare Finance News reported on the top five challenges of managing hospital supply chains: Cost-savings goals: The first area …

Hospital Financial Management Has Never Been So Important

A report released by Moody’s Investor Services early in the fall of 2014 painted an alarming picture of the financial health of nonprofit hospitals. They have posted their second year of revenue declines and have experienced record-breaking low rates of growth of revenue. Median revenue growth has historically been around 7%; in 2014, it has dropped to 3.9%. Reasons for the low …

Hospital HR – Finding the Pieces to the Puzzle

Have you ever tried to put a puzzle together but there were pieces missing? In the healthcare industry, finding the perfect balance between supply and demand is a lot like finding that missing piece. The leaders of hospital HR are challenged with not only finding that perfect balance but doing it with efficiency. The hospital sector’s rapid industry growth is constantly changing …

BMI Healthcare Begins Using PeopleSoft at 69 UK Hospitals

After years of planning and preparation, BMI Healthcare — a UK private healthcare organization — recently announced that it is now using Oracle’s PeopleSoft platform as a financial and patient administration solution at all of its 69 hospitals. According to an article from Computing, implementation across the network took a team of thirty people eighteen months to achieve. Talks about using the platform began …