Systems of Record v. Systems of Engagement
From audits to materials and inventory management, to billing, SoE applications focus on operational issues and are designed with the frontline teams in mind.
Here are four of the many benefits that hospital networks and ambulatory surgery centers can gain by migrating their digital operations from on-site computing and data storage to a cloud-based solution, without compromising on critical infrastructure and data security.
One strategic process that addresses this is known as the Cash Conversion Cycle (CCC), which accounts for 1. Days Inventory Outstanding (DIO), plus 2. Days Sales Outstanding (DSO), minus 3. Days Payables Outstanding (DPO). Let’s take a look at how this equation works, and how it can elevate procurement, billing, and cash-flow management related to the supply chain for implantable surgical devices.
With the right surgical implant billing technology in your tool belt, you are better able to manage surgeon requests, lower your response time to billing teams, and provide more accurate implantable surgical device fulfillment. Here’s how the value of an AI-driven surgical implant billing solution can foster relationships with facilities, physician, and billing teams.
Here’s why automation of surgical implant billing and invoicing is critical for independent hospitals, ASCs and healthcare systems as demand for implantable device intensive elective procedures surge..