Entries by Ricky Arredondo

Cost Accounting…how to integrate the Financial System with the Clinical System

Cost Accounting in healthcare via Decision Support has always relied on core clinical systems for revenue, quality, episodic, and statistical variables. Supply and labor cost components via allocation methods from the finance system, however, continue to challenge true service and product line costs of services. Evolving healthcare cost accounting now depends on an underlying Data […]

Chart of Accounts (COA) Redesign for Healthcare

Healthcare organizations rarely have “transformational” opportunities, but revisiting the Chart of Accounts (CoA) allows your organization to reassess and enhance your business requirements. Designing a new CoA has the potential for creating more positive, transformative change than other aspects of a modern Enterprise Resource Planning (ERP) system. The CoA is pervasive throughout both health and […]

Change Management Approach to Achieve Healthcare IT Adoption

Reform-driven “disruptions” or changes continue to impact healthcare’s transparency and cost-control efforts.  Both transparency and cost-control efforts support IT spending, smarter analytics, and expansion of products and service lines beyond traditional partnership models.  Both are also a catalyst for consolidation of operations and initiatives to transform hospitals into new delivery models focused on leveraging the […]

Business Intelligence Readiness Assessment

Consider that average office of the Chief Financial Officer is challenged with: Business Intelligence (BI) solutions that are separate and uncoordinated Supporting varying Key Performance Indicators (KPI), business drivers, and calculations across operational and clinical systems Dealing with disjointed “systems of record” reports for the various business and services lines

Making the Case for Healthcare Enterprise Integration Strategy

As the average hospital today has almost 850+ mission critical applications, the word “interoperability” has now become synonymous with Enterprise Integration (EI).  EI is the goal of connecting software (read: getting to data) from different vendors’ solutions notwithstanding differences in infrastructure technology and application architecture.  Hospitals must connect all manner of disparate healthcare applications while […]

Fixed Asset Management for Healthcare

The goal of this blog is to help you learn about healthcare best practices for fixed asset management and suggest tips for implementing them in your hospital. These best practices will help you to seek out potential savings in your fixed asset base and show you how to save time in the process. Key topics […]

Healthcare Payroll PeopleSoft Best Practice Guide – Part One of Two

As many healthcare organizations have begun to focus on how to manage labor expenses (with a goal to reduce) without reducing headcount, I have been asked to share some Healthcare Payroll PeopleSoft Best Practices recommendations and suggestion for PeopleSoft optimization. The following “Healthcare PeopleSoft Payroll Best Practices Guide” is one of two that offers strategies […]

Lessons Learned on PeopleSoft Position Management

The University of Texas Medical Branch (UTMB Health) is moving to an environment where Managers will process changes for their employees using Pages in PeopleSoft 9.1/Tools 8.52 Manager Self Service.  The Pages will have approval routing that is based on the level of the Manager submitting the request as well as the “reports to” Manager.  […]