The need to focus on costs
The NHS is characterised by relentless focus on financial efficiencies and achieving a solid return on investment, leading to wider tendering for services, growing use of budgeting, forecasting and planning software.
Foundation Trusts in particular are examining patient costs, strict project-by-project return on investment and process automation such as eprocurement and einvoicing. They invest in business solutions on the understanding that they will deliver real business benefits.
Where to create the efficiencies?
You may be convinced that eprocurement will speed up the purchase-to-pay process to meet Gershon efficiency improvements. You may crave the opportunity to provide business managers and directorate accountants with collaborative solutions to deliver high quality services and attract maximum PBR funding, whilst controlling costs.
So what is stopping you from implementing a new business IT solution and realising the rewards available?
One issue may be cost. Can you be confident that spending money on new systems will drive real cost savings? Another concern may be risk. Your system may be able to meet today's requirements but will it evolve with your organisation in order to help you embrace the next set of health care challenges that are no doubt around the corner?
Health Resources
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COA Solutions gives us a flexible platform to automatically send documents to our suppliers or customers and dramatically improve our reporting processes, so freeing up our staff to spend their time more productively. We required the new system to improve our reporting capabilities and productivity and were pleased our tight go-live deadlines could be met. North Hampshire Hospitals
