We assist Healthcare Providers by quantifying the overall financial impact of any Healthcare IT solution for Hospitals and Physician Practices. Our financial assessments will help minimize your Healthcare IT investment and maximize the financial value of this IT investment to your organization.
Our Tools for Analysis:
- Clearly identify the financial impact and value, of any Healthcare IT investment, to your organization
- Help you understand how your Healthcare IT investment will impact your organization’s clinical, business, and financial objectives
- Quantify the value of your existing Healthcare IT investments, whether fully deployed or
currently being implemented
Once you understand the financial impact of any Healthcare IT investment to your organization, you will understand the financial value these Healthcare IT investments bring to your organization. This is a critical step in realizing the financial benefits you expect.
We evaluate the financial value of different Healthcare IT vendor solutions by:
- Quantifying the financial value of any Healthcare IT solution for each vendor, then use this financial information as a leverage point to negotiate a better price
- Understanding how to evaluate benefit differences and financial value for each IT vendor
- Optimizing implementation sequencing to maximize financial value
- Utilizing financial assessments that hold Healthcare IT Vendors accountable for projected benefits used in sales process
We assist in your Healthcare IT selection process by creating detailed financial assessments, supporting your purchasing decision to meet organization strategic, operational, and financial goals.
We offer the following services:
Benefits Only Assessment
Detailed financial assessments showing annual benefits for an individual solution or multiple solutions.
Potential benefits include:
- Improved revenue
- Increased capacity & throughput
- Labor impact
- Reduced operating expenses
- Improved asset management.
The financial benefits calculated in a Benefits Only Assessment can be used for your own internal analyses to support your IT investment decisions.
Comprehensive Assessment – Single or Multi-Solution
Detailed financial assessments showing annual benefits for an individual solution or multiple solutions, and also includes:
- Implementation and staging of solutions
- Benefit adoption rates
- Labor impact
- Total cost of ownership (TCO) over 10 year time period
This is our most comprehensive financial Healthcare IT analysis and helps minimize your overall Healthcare IT investment costs and provides maximum value to your organization.
Custom Consulting Services
FHG provides additional Consulting Services to support the selection and implementation of your Healthcare IT solutions:
- Creating Financial Statements
- Assistance in Budgeting Process
- Labor Projections based on Healthcare IT Implementation
- Metric and KPI Confirmation
- Business Case Development
- Services addressing gaps in your financial knowledge as it relates to Healthcare IT selection and implementation.
These Consulting Services are designed to assist any need your organization might have in the selection, financial analysis, and implementation of your Healthcare IT solutions.