World-Class Healthcare ERP Systems & Solutions

Automate, manage, and integrate your business functions and processes with one of the top healthcare ERP systems that let you focus on delivering superior quality healthcare.
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The Need For ERP Systems In The Healthcare Industry
Just like ERP systems are needed for all other industries, there is an increasing need for ERP implementation in healthcare. Competition is on the rise as healthcare providers strive to achieve the best possible patient care and outcomes at the lowest possible cost. To achieve this in the quickest way possible, healthcare providers are looking for the best ERP for healthcare companies, and are even upgrading their existing healthcare ERP solutions to help them minimize errors, maximize productivity as well as improve the quality of healthcare.

The pandemic and the resulting influx of patients made it absolutely necessary for healthcare organizations to integrate their databases. This was necessary to facilitate communication so that doctors and clinicians got the critical information they needed in real-time in order to make accurate diagnoses and effective treatment plans. Moreover, there is an increasing need for automated solutions that can integrate back-office operations and support services with the core functions and services of hospitals. Healthcare ERP software solutions not only help solve these challenges but also minimize overheads as well as operational costs and streamline clinical workflows and communication between departments and other systems. Lastly, patients get quick access to their medical reports and data and are able to schedule their appointments on time.

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Features & Customizations

Benefits of Healthcare ERP Open
Source Software Solutions

When we talk about the top ERP systems for healthcare, you want to know what makes them the most wanted ERP healthcare solutions. You want to know what benefits these ERP healthcare software solutions offer us and what we can gain from them. As one of the leading healthcare ERP vendors and providers of ERP healthcare IT consulting services, trust us when we say that ERPs have become the need of the hour. We are not just saying it because we are offering healthcare ERP implementation services, but because our experience has taught us that the benefits far outweigh the costs. Here are only some of the ways you can benefit from ERP software in healthcare:
Streamlines Clinical Workflows & Processes
By choosing the best ERP for the healthcare industry, you can streamline your healthcare process and workflows by integrating all your core services like patient registration, emergencies, OPD, radiology, and EMR/EHR management.
Minimizes Operational Costs
ERP healthcare services enable you to reduce and even minimize your operational and overhead costs because automation brings efficiency to the process. Moreover, bringing core functions together and integrating them helps in optimizing backend operations like inventory management, and even account management.
Helps Adopt Best Practices
Using healthcare ERP systems also helps you adopt healthcare best practices and comply with regulatory bodies that apply to you. You can efficiently manage your procedures and policies pertaining to claims, member benefits, and enrollment while adhering to the updated industry best practices.
Maximizes Patient Health Outcomes & Care
Good ERP software allows healthcare organizations to provide their patients and doctors with remote access to crucial reports and databases. This helps patients, as well as doctors, make prompt, informed decisions regarding appointments and even treatment. It also makes for easier planning of subsequent tests and procedures.
Maximizes Patient Safety
Interactive ERP healthcare software solutions facilitate healthcare providers in enhancing patient safety with transparency in communication between doctors and patients and securing the privacy of confidential health information at the same time.
Streamlines Financial Planning
Healthcare ERP software solutions help manage payments from different managed care providers and ensure that the payments are reasonable benefitting both the payers as well as providers. This also helps healthcare institutions maintain profitability while being able to provide affordable healthcare for patients.

Find out more about how our ERP healthcare IT services can be of assistance to you.

Healthcare ERP IT Services & Features

As experienced ERP vendors for healthcare, we are well aware of the needs and challenges faced by healthcare organizations. The services we offer enable a seamless integration of all your financial and core functional areas ensuring that you are able to streamline your processes and improve how your organizational resources are utilized. Furthermore, you are also able to make timely, informed decisions because of valuable business insights that you receive in real-time.

EMR Integration

With our seamless EMR integration, you won’t need to log into your Electronic Medical Records system if you need patient information. You can simply visit the data source with a single click without logging in.

Auto Reconciliation

We ensure that the data from your functions is auto-reconciled on a daily basis so that all your functions stay connected and in sync. Any identified exceptions are notified to Accounting with push alerts.

Forecasting & Budgeting

With our fully integrated system, structure redundancy is out of the question. We also provide advanced audited change management and offer you total visibility in your budget processing with the help of real-time inquiries. Our forecasting and reporting tools also enable you to drill back to your budgeting workbook.

Business Intelligence

We offer fully integrated dashboards, graphs, and consolidation reporting. Our BI technology enables us to offer you convenience and ease in analyzing, enabling you to drill back to the source for accurate and easy analysis as well as reconciliation.

Electronic Bank Reconciliations

Our solution enables an automated check clearing system on a daily basis that helps in bank reconciliation and accurate account management. It also facilitates you in managing your cash flow effectively.

Digital Payment Processing & Fraud Protection

Our healthcare ERP system helps digitize the payments process and minimize overhead expenses. Our ERP is also integrated with Positive Pay to help protect your organization from payment fraud.

Data Capture

We enable you to easily collect statistical as well as financial information from multiple revenue sources and systems. We then help aggregate the data in one place to turn it into actionable information for you to base your decisions on.

Workflow Management

Our solution helps streamline your workflows by minimizing reconciliation time for pre-approved transactions, minimizing audit preparation time by digitizing the process, enabling electronic approvals and push-button accruals, and leveraging discounts by making faster payments to vendors. We also help you in reviewing and monitoring your authorizations.

Follow-ups & Alerts

We offer push alerts on a daily basis for exceptions in reconciliation so that you do not have to maintain any manual lists. We also offer ease in follow-up items like vouchers on hold and cash balances.

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Enterprise resource planning systems and solutions facilitate hospitals in planning their resources in an effective manner in order to minimize costs and maximize their profits. When the question of “what is ERP in healthcare” arises, we think of solutions that help health systems gain a complete and comprehensive view of their finances and financial health.
ERP stands for Enterprise Resource Planning. If we need to understand what is healthcare ERP, it is a system or solution in healthcare that is used to put an end to financial data silos, which have separated back-office functions.
If you are managing or running a healthcare facility, you’ll realize that an ERP is more a need than a want, because the business intelligence it can provide helps you save costs and make more informed decisions. The software solution gives you important information about patient visitation trends and analysis, budgeting, and requisitions. It helps you measure and assess your healthcare facility’s operational performance.
ERPs can help minimize risk in several ways. Firstly, it minimizes the chances of human error with the help of automation. Then, it minimizes supply chain inefficiencies by delivering timely and accurate insights on potential disruptions and processes. It uses strong internal controls to protect sensitive information and help comply with regulations. Lastly, it helps make better and more informed decisions.
The best ERP for healthcare would be one that seamlessly integrates your core functions and resources, minimizes your costs, and maximizes your healthcare outcomes for you. To find the best ERP software, you would have to look for experienced healthcare ERP providers and then match your requirements with what they have to offer. Folio3 is one of the top healthcare ERP software companies with over a decade of implementing world-class ERP software solutions.