The healthcare system may be one of the most lagged segments when it comes to adopting modern technological advancements as some organizations are still operating on legacy systems. Nevertheless, there is a consensus that cloud-based ERP systems can highly improve the operating systems of healthcare. By changing from inconsistent systems to systematic procedures, healthcare organizations can be more efficient, be compliant, and better the quality of care offered to the patients.
Using Acumatica cloud-based ERP solution as a flexible and scalable one has attracted attention to be a potential game-changer. But is it the right fit for healthcare? This blog addresses the loopholes, the opportunities and the applicability of Acumatica within the health care sector so as to enable you the reader to make informed choices.
Proper resources, funds, and patient data’s handling is essential in the health sector. ERP systems allow centralization of such functions thus addressing the above stated challenges including:
Due to the implementation of ERP systems, there is a shift from functional orientation to a warm-blooded process revolution which means that the quality of the services or the products is being improved both in the patient interface and in the back office.
Acumatica is a cloud-based ERP platform that has been credited with excellent usability because of its modular design and frameworks that are built in a fairly precise and turbulent manner. This is how it resonates with the needs of healthcare providers:
Financial management has a significant bearing in the sector of healthcare where cost managers often have to be very innovative to ensure that care is quality provisioned. Some of the key functionalities that are present in Acumatica are:
With such features, it enables managers to budget appropriately, be compliant, and perform financial activities efficiently and effectively across the organization.
Acumatica’s scalability means it can be deployed across a number of providers irrespective of their size like a small clinic or an integrated healthcare system. Due to the cloud based technology, there is no need to spend a great deal of money on physical improvements to software, hence movement is hassle free when the organization grows.
Another advantage of Acumatica is the ability to integrate with the EHR and all other types of Healthcare Management Software which has made it possible to have a single platform for:
This also has the advantage of getting information up to real-time so that Acumatica aids in enhancing patient management as well as operations.
The increasing volume of information proves that modern decisions are increasingly based on data. Acumatica’s analytics features allow healthcare professionals to:
Identifying insights may allow organizations to change tactics in order not to trail behind an ever-changing healthcare landscape.
The insignificant amount of healthcare staff possessing advanced technical knowledge highlights the importance of usability. With a focus on ease of use, the learning curve is steep so that implementation can be done quickly and boosting output efficiency.
Acumatica has several notable benefits for healthcare professionals:
All these advantages increase the quality of patient care while easing the strain on the administrative systems.
Even though Acumatica has lots of benefits it is critical to look at the other side.
1. Implementation Complexity
Implementing an ERP is a systematic and resource draining task that requires adequate time to be set up. Healthcare Organizations run the risk of facing a level of disruption in normal administrative processes due to this transition.
2. Customization Costs
Even though Acumatica allows for customization, the Acumatica customization costs as well as many variables regarding the budget can be discouraging.
3. Regulatory Compliance
It is important that Acumatica does not deviate from the stringent healthcare requirements. The healthcare sector in general is at risk of being penalized if rules and regulations are flouted.
4. Support and Training Needs
Unlocking all the benefits of Acumatica will require training staff across the organization. The need for thorough induction training and sustain training is important to minimize inefficiencies.
5. Integration Challenges
Even though Acumatica is compatible with several other systems, there might be some integration problems especially when older healthcare software is involved.
These risks can, however, be reduced and the advantages of Acumatica enhanced through effective planning of these issues beforehand.
To highlight how Acumatica works, see these examples:
These are some of the examples that show what how Acumatica can resolve some of the problems within healthcare.
As for whether Acumatica is right for you, this will be determined by the precise specifications of your organization. Have a look at the following:
Transforming your healthcare facilities into process systems within a strategic framework will be achieved by parameterizing Acumatica’s capabilities to those goals.
Now more than ever healthcare organizations are challenged to improve their operational efficiency, address compliance challenges, and positively impact the quality of patient care. This is where the right technology comes in and makes a compelling case. In this respect, Acumatica makes a good argument as a cloud ERP that can revolutionize the healthcare industry. Its scalability, integration, and ease of use have considerable opportunities to optimize the performance and deliver on the results.
Get the latest insights on exponential technologies delivered straight to you
© 2024 Sprinterra. All rights reserved.
