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For over 20 years, health care spending has
been twice the rate of increase of the GNP. Employers and the
federal government have sent a clear signal that they want to
increase the quality of care while slowing the percentage of GNP
spent on health care. The 1.6 trillion dollar healthcare industry, which is forecasted to reach $2.1 trillion by 2007, has historically had low utilization of information technology. Compared to other industries, which spend 7% to 9% of their operating budgets on IT, the typical expenditure in health care is 2% to 3%. |
The real opportunity to improve rests with
process changes. Organizations must be able to extract critical and
timely business information to make decisions in a fast and
efficient manner. Information technology can contribute by
identifying opportunities for efficiencies, quality improvement and
cost reductions. |
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Products For Providers and their Practice Operations: NexSys MD PI For Billing, Collection & Management Oversight Organizations: NexSys Mgr PI
more >> NexSysPI product offering is a robust business intelligence and data warehouse solution focused on physician services industry. The product puts relevant business information at your finger tips and allows you the flexibility to manipulate and mine the information to perform the analysis necessary to make Intelligent decisions.
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