5 Steps to Controlling Healthcare Delivery Costs

Looking for ways to achieve optimal value-based care in your healthcare organization? Steve Fanning, Infor Vice President, Healthcare Industry Strategy, draws from his experience in enterprise software, healthcare information technology, and analytics to lay out these five key steps for healthcare organizations to achieve greater efficiency and improve patient outcomes:

Centralize the supply chain

By combining warehouse management, labor management, transportation management, and demand planning into a unified solution with a common user interface, healthcare administrators can analyze costs comprehensively and unite their entire supply chain into an integrated, streamlined business process.

Establish effective workforce management

Critical to a healthcare organization's success is its ability to ensure labor is effective and efficient. Organizations must focus on managing labor costs and compliance through advanced planning and scheduling, saving time by automating key workforce management processes, and analyzing workforce data in order to anticipate workforce demands and schedule the appropriate amount of nursing coverage.

Improve back-office effectiveness

An integrated healthcare solution suite helps get the back office in order, which helps in developing easy-to-use, highly intuitive views of the most relevant information and action items.

Track key quality and performance metrics

Healthcare administrators need to develop the ability to track and account for key metrics relating to patient care to improve interoperability.

Staff with the patient in mind

Providers should implement a patient-centric approach for treatment to reduce labor and operational costs.

Read the full HITECH Answers article.

Get details on Fanning's upcoming HIMSS 2015 education session.