While securing data is a concern, deciding the most applicable and cost-efficient technology is the most important priority for health organizations.
The buy versus build methodology has morphed into more of a buy-and-build process. This is due to the scope and complexity of launching purchased software that must meet the requirements for rapidly changing rules and regulations, driving patient satisfaction and improving bottom line financial performance.
The long-term impact on a provider’s organization warrants careful consideration so that technology decisions are made with the strategy that ultimately will have the most positive effect on the entire enterprise. While it takes substantial time and effort from technology leaders and stakeholders to make the most appropriate decision buy, build or both, the costs of making a poor decision can be catastrophic. On the other hand, the benefits of making the right decision can positively affect a hospital’s bottom line for decades to come.
Phil C. Solomon is the Vice President of Global Services for MiraMed, a global healthcare revenue cycle outsourcing company, and is the publisher of Revenue Cycle News, a healthcare business information blog. Phil has over 25 years’ experience consulting on a broad range of healthcare initiatives for clinical and revenue cycle performance improvement. He has worked with the industry’s largest health systems, developing executable strategies for revenue enhancement, expense reduction and clinical transformation. He can be reached at [email protected], (404) 849-8065 and also on Twitter @philcsolomon.
Agenda
Faculty
Phil C. Solomon
MiraMed
- Publisher of Revenue Cycle News and vice president of Global Services for MiraMed
- 25 years of experience consulting on numerous financial and revenue cycle engagements across various health care market segments; has designed and developed executable strategies for outsourcing initiatives for clinical and revenue cycle financial performance improvement, revenue enhancement and expense reduction for a broad range of hospitals, health systems and multi-specialty physician groups
- Numerous educational webinars and speaking engagements such as Healthcare Financial Management Association, MiraMed Learning Institute, National Association of Healthcare Access Management (HFMA) and American Association of Healthcare Administrative Management (AAHAM)
- Featured writer for Revenue Cycle News, The Focus, BMH Healthcare Blog, Blog-Dash, Healthcare Financial Management Association publications and Ezine Article Publications
- Member HFMA, American Collectors Association and Healthcare Information and Management Systems Society (HIMSS)
- Graduate, San Diego State University
- Can be contacted at 404-849-8065, [email protected], [email protected] and Twitter @philcsolomon
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