Digital technologies offer a wealth of opportunities for healthcare leaders to create value. With their growing significance, CFOs in healthcare need to embrace a corporate policy that drives digital transformation within their organisations, in order to ensure sustainable growth
Imagine yourself visiting a digitally transformed hospital. At its very entrance you see, a huge screen that guides patients on important information about admission process, OPD services, various healthcare services offered by them, as well as a map of all health clinics, diagnostics and pharmacy centres. The hospital also has a well organised digital patient application and response service system that helps patients to fasten their admission process. You move further to see various clinical departments, diagnostics centres which are up to date with the latest advanced technologies; every single system is digitally driven and backed by AI. Further, you see a comprehensive EHR system that tracks and analyses patient data to provide significant clinical information, You also see a dynamic hospital information system that tracks each and every clinical and nonclinical function within the hospital. Moreover, this hospital is extremely steadfast in customer services, inventory systems, pharmacy activities and more. But the most interesting aspect of this hospital is its financial management and response service system.
Let's enter the CFOs office in this hospital! Take a pause and quickly glance through his desk —clean and paperless. Aahaa, here is his super computer which is constantly fed with information on the current cash flow, operations, inventory updates, payment systems and the scale and pace of all internal and external dynamics that contribute to the hospital's balance sheet. The system is smart enough to also give a heads up on critical areas and possible crisis that can impact profitability, ensuring that the CFO can take immediate action to mitigate the problem in time and save the organisation from a huge loss.
Do you think, that this kind of a digitally hightech hospital system in India is too arty to believe?
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Healthcare Communication In India
Dr Alexander Thomas, President, Association of Healthcare Providers - India (AHPI) and Divya Alexander, Research Consultant, in a first of a series provide detailed insights on healthcare communication that explores its different aspects in an Indian context
The growth story
Himanshu Baid, Managing Director, Poly Medicure elucidates on how Poly Medicure has served the medical fraternity for over 22 years and owns more than 215 patents and continues to file new patents for new technologies and devices they are developing with the help of its R&D team
Main objective of Indian Joint Registry is to help patient safety, bring stability to the market
In the wake of several patients suffering from the impact of faulty hip implants, it is vital that India has a national joint registry to track such patients and avoid future episodes. Richard Armstrong, Head, Health Registries, Northgate Public Services tells Viveka Roychowdhury about the response to the Indian Joint Registry
UNDERSTANDING THE RELEVANCE OF HEALTHCARE RESEARCH
India as a nation has followed the west for decades when it comes to research-based treatments. The sun is fast setting on this methodology and there is a massive need to invest in healthcare research in the country
I have witnessed the steady technical advances in ultrasound
Dr BS Rama Murthy, Consultant Radiologist, Srinivasa Ultrasound Scanning Centre and Chief Patron, Medical Ultrasound Society of Karnataka, Coordinator – Fetal Foundation of India, talks about the evolution of ultrasound and how foetal imaging has improved over the years, in an interaction with Express Healthcare
Radiology has a bright future and has been at the forefront of healthcare
Radiology has a major role to play when it comes to healthcare. Dr Piyush Saxena, Consultant Radiologist and Chief of MR imaging, Vishesh Hospital and Diagnostics, Indore, MP in an exclusive conversation with Express Healthcare disscuses the impact of radiology on healthcare and how newer innovations from GE Healthcare has helped improve healthcare delivery as well as patient comfort
The Pill For India's Ailing Medical Eductaion System
Medical education in India is mired with a host of controversies and is trudging along a rough path.
RED INITIATIVE - Canon Medical / Erbis Engineering conducts CME programmes on CTO-PCIs in Chennai
Invites renowned Japanese cardiac interventionist, Dr Kinzo Ueda to India to share his experiences and insights with cardiologists at Apollo Hospitals and Sri Ramachandra Institute of Higher Education and Research
Roche Diagnostics partners with SRL Dr Avinash Phadke Lab
Roche’s first partner for cobas pro solution is SRL Dr Avinash Phadke Lab in Mumbai. The solution promises to offer greater automation, flexibility and simplified workflow to support better clinical outcomes for patients
Pharmacogenomics- Essential to end the era of trial and error medicine
Chandni Luthra, Co-Founder, FutureMed elucidates on the impact that trial and error has had on patients earlier, but in today's age adverse drug reactions is considered to be the fourth leading cause of death worldwide and has almost doubled in India in the last three years
