Healthcare

Lockbox processing remains a lucrative business for financial institutions, representing billions of dollars annually in fees and interest income, plus revenues from ancillary bank treasury services. It also is a critical differentiator in a financial institution’s ability to win and retain corporate clients.

Millions of H1N1 swine flu vaccines became available during the Fall of 2009, and while many contemplated whether or not to get the vaccine, government health officials had a different issue on their hands -- what to do with the millions of pages of healthcare forms that piled up once the shot became available.

Initiated by the customer’s C-Suite as part of a five-year savings plan, the organization looked to modernize operations within its primary business unit and to automate its paper-based processes. The chosen solution was required to provide value with respect to shortened processing times and increased efficiencies, but also by delivering an ROI.

This white paper looks at how enterprise content management can unite information systems and business processes so hospitals can enhance patient care with immediate access to digitized patient information; reduce revenue and TCO; and lower risk and liability while strengthening compliance.

As a business professional, you know time is a precious commodity. You constantly need to distill new concepts, evaluate options, and implement complex strategies to reach current and potential customers. When you need information, you want it in a form that can be assimilated quickly—forget the mind-numbing detail and get to the point.

Baptist Health South Florida (Baptist Health) is the largest faith-based, not-forprofit healthcare organization in the region, with a reputation for medical and service excellence.

Healthcare providers are adopting integrated enterprise applications to increase efficiency in care delivery, give clinicians access to a patient’s full health record, improve outcomes and reduce costs.  Spectrum Health System is a good example, now providing a patient’s complete electronic legal health record within 3 days of discharge, and reducing labor costs by over $2.5M annually. Plus, Spectrum’s ROI has been documented to be less than 1 year, and its 5-year ROI is estimated at over 860%.

At the 2011 conference, EMC's team of healthcare solution specialists spoke with several vendors and conferees and asked one question: "What is the best way to reduce costs and complexity in a healthcare IT infrastructure?" The overwhelming answer was to enable a cloud environment for patient data and to find a solution for managing so-called "big data."

Cost, scalability, and flexibility are reasons for Healthcare organzitaions to move applications to the cloud. In general, cloud adoption has been embraced due to the compelling business benefits that can be achieved.

The wide variety of handwriting, which appeared on each form, was slowing down Maxim Health Systems’ ability to process the forms in a timely manner. In the past, patient consent forms were processed with manual data-entry -- a process that was tedious, time-consuming and unreliable.

eCopy’s products make it easy to incorporate paper-based patient information into various electronic medical records (EMR) systems. During this information capture and electronic fi ling process, CEs must implement safeguards to ensure that privacy is maintained at all times.