HEALTHCARE INFORMATICS FINANCIAL APPLICAIONS
7th World Congress on Healthcare & Technologies
September 26-27, 2016 London, UK

Santosh Marathe

American Hospital, UAE

Posters & Accepted Abstracts: Health Care: Current Reviews

Abstract:

With the rapidly evolving changes in Healthcare, the dividing line between clinical transactions and financial transactions has marginalized. No longer these are mutually exclusive events, but have a significant bearing on each other compliances. Also the focus changing from meaningful use information to advancing care information has enforced changes in the clinical decision support system to evolve new quality based outcome methodologies. Though the regulatory framework has undergone a change in terms of more stringent reporting and compliance guidelines, there has been an inherent need from Providers to use the structured as well as unstructured data in a meaningful way to enhance patient care & patient safety outcomes. Internet of things (IOT) and bring your own device (BYOD) strategies have enhanced patient cordinated care activities. Six Sigma tools coupled with enhanced analytic competencies have ensured quantifiable sucess within the regulatory work enviornment. Actionable alerts, visual cues and verification trails has brought in cost and quality efficiency on board. Big data have given bigger insights for cost leadership and revenue optimization in spend management and reimbursement cycle. The significant surge in the data variables available has facilitated research and education programs. (189) Healthcare Informatics is not about IT but is about process, people and skill set. Not everything that counts can be counted, and not everything that can be counted counts. IT plays a key strategic function in leading the dynamic changes in the rapidly evolving healthcare environment & also provides agility & sustained efforts to improve patient care & patient safety goals for the healthcare organization.

Biography :

Email: santoshmarathe94@yahoo.in