Is Healthcare Policy Management Software Truly Necessary and Worth It? An Honest Look

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IS HEALTHCARE POLICY MANAGEMENT SOFTWARE TRULY NECESSARY AND WORTH IT? AN HONEST LOOK

Transcript of Is Healthcare Policy Management Software Truly Necessary and Worth It? An Honest Look

Page 1: Is Healthcare Policy Management Software Truly Necessary and Worth It? An Honest Look

IS HEALTHCARE POLICY

MANAGEMENT SOFTWARE TRULY NECESSARY AND

WORTH IT? AN HONEST LOOK

Page 2: Is Healthcare Policy Management Software Truly Necessary and Worth It? An Honest Look

In order to answer how various healthcare organizations could gain value from policy management software, it would be wise to classify healthcare organizations into two categories would be the most logical. Those categories would be:Smaller Late Adopter Healthcare Organizations

Larger Early Adopter Healthcare Organizations

TWO KINDS OF HEALTHCARE ADOPTERS

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Healthcare organizations that fall into this category would be critical access hospitals, government owned healthcare organizations, most long-term care organizations and retirement communities, and home health agencies.

These organizations are usually late adopters of technology mainly because they have less money and overall resources at their disposal. With this in mind if a policy management vendor were to meet with this type of organization and communicate that every single feature and benefit would be realized, that would not necessarily be the truth.

THE SMALLER LATE ADOPTERS

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The value garnered from a healthcare policy management system would be primarily the following:Being able to centralize all policies in one location

Segmenting policies so various people can be made responsible for updating policies

Securing policies from being changed, printed and circulated without permission.

THE VALUE GARNERED TO THE SMALLER LATE ADOPTERS

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Having even the most technically challenged employee find a policy faster than they would before.

Forcing tracking and proving that employees have read the policies they are supposed to.

Automatically notifying the right people when policies are due for review without having someone’s administrative assistant having to add this arduous task to their ‘to-do’ list.

THE VALUE GARNERED TO THE SMALLER ADOPTERS

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This type of organization is typically a health system, integrated delivery network, chain of hospitals, chain of long term care facilities or chain of retirement communities.

They usually have larger budgets and have experimented in the past with home grown systems and/or trying to fit enterprise wide systems into niche applications (like policy management).

When the unique and specific needs of the organization demands a solution that complements or replaces the home grown or enterprise system the larger healthcare organization looks to adopt and integrate specific niche systems – like policy management software.

THE LARGER EARLY ADOPTER HEALTHCARE ORGANIZATIONS

Page 7: Is Healthcare Policy Management Software Truly Necessary and Worth It? An Honest Look

The value this type of healthcare organization gains from policy management software includes everything listed previously for smaller healthcare organizations but also the following: Smoother accreditation and regulatory compliance

surveys and inspections. The ability to link accreditation data with policies.

THE VALUE GARNERED TO LARGER EARLY ADOPTERS

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Being able to collaborate across geographic distances on policy updates in a secure manner.

Gathering data through reports and dashboards as to the effectiveness of various policies and various locations adherence to policies and procedures.

THE VALUE GARNERED TO LARGER EARLY ADOPTERS

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Integrating other synergetic systems (I.e. Mosby’s Nursing Skills’ database of nursing procedures) with policies and procedures.

Policy centralization, dissemination, and segmented permissions across many different locations and sites.

THE VALUE GARNERED TO LARGER EARLY ADOPTERS

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By no means are the areas of value listed the only benefits that small and large healthcare organizations can gain from healthcare policy management software.

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So whether you are a large or small healthcare provider you can see some of the potential benefits relevant to you.

Chances are if these benefits do not correlate with your current situation then right now might not be the best time for you to implement healthcare policy management software.

However if you are now starting out and looking to evaluate policy management software we hope this presentation sets out the potential benefits you should hope to gain for your healthcare organization.

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If you want to find out if PolicyManager is the right fit for

your healthcare provider visit our site to find out more.

FOR MORE:

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