Tapping Technology to Improve Patient Care - Bappa Choudhury, Siemens Healthcare


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Bappa Choudhury of Siemens Healthcare, a solution provider at the marcus evans National Healthcare CFO Summit Spring 2013, on leveraging technology for better healthcare outcomes.
Interview with: Bappa Choudhury, New Business Development, Siemens Healthcare

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Tapping Technology to Improve Patient Care - Bappa Choudhury, Siemens Healthcare

  1. 1. Tapping Technology to Improve Patient Care This is necessary because healthcare How could healthcare organizations organizations are going to be make better use of IT when it increasingly held accountable for quality comes to decision-making? and outcomes. The environment is shifting from volume-based to value- IT provides the capability to drive based reimbursement, so organizations tremendous efficiency through process will be held accountable for quality over automation and standardization. volume. And in doing so, they must become more efficient and more It can eliminate manual, error-prone coordinated across care settings to processes, thus driving quality improve safety and increase quality. improvements, efficiency and labor savings. By increasing the ability to Specifically to the healthcare CFO securely share information among theInterview with: Bappa Choudhury, audience, preparedness for ICD-10-CM/ care team, Siemens can enable betterNew Business Development, PCS is top of mind. Conversion projects collaboration, and more informed andSiemens Healthcare will likely drain resources even as an efficient decision-making. Healthcare IT organization transforms. The impact of can be a key driver in creating more this time sensitive and complex issue is standardized processes across an“There is a tremendous opportunity to being felt across organizations as they organization from physician practices tohelp healthcare organizations become look to prevent losses that could arise the hospital setting.more efficient by driving economies of as a result of lost productivity andscale and leveraging shared services denied claims. These standard processes enhance thethroughout an organization,” said Bappa patient’s experience by providingChoudhury, New Business Development, consistency and collaboration across theSiemens Healthcare. “Information enterprise.Technology (IT) is a key to enablingthose savings, and should be looked at Are standards and interoperabilityas a strategic, or essential, lever to important things for CFOs toachieve those benefits.” The consider?From a solution provider company at Standards and interoperability arethe marcus evansHealthcare CFO Summit Spring National environment is important topics within the entire healthcare IT industry. Siemens can2013, in Palm Beach, Florida, April provide an enterprise solution that helps15-17, Choudhury gives advice on thetop challenges facing healthcare ChiefFinancial Officers (CFOs) today. shifting from providers better coordinate care across an organization. This is especially important as hospitals are entering into volume-based more tightly integrated relationshipsWhat changes is the healthcare with physician practices.industry going through today? Whatshould healthcare CFOs prepare for? As the organization becomes moreHealthcare CFOs are trying to keep to value-based consolidated, and starts taking on new avenues of care, relying on a singlepace with regulations that are emerging integrated approach to enterprisefrom Washington, D.C., which areongoing and impact both clinical and reimbursement revenue cycle management has the potential to unlock significant benefits.revenue cycle operations. By standardizing processes among aThere is a tremendous amount of variety of settings, it is possible toconsolidation in the industry right now, understand and optimize the revenueas organizations and providers are cycle from claims generation, toseeking efficiencies and cost savings by submission, to billing and collection –exploring new relationship models allowing organizations to provide highwithin their communities. quality, sustainable healthcare.
  2. 2. About the National Healthcare CFO Summit Spring 2013 The Finance Network – This unique forum will take place at The Ritz-Carlton, Palm Beach, Florida, April marcus evans Summits group 15-17, 2013. Offering much more than any conference, exhibition or trade show, delivers peer-to-peer information this exclusive meeting will bring together esteemed industry thought leaders and on strategic matters, professional solution providers to a highly focused and interactive networking event. The trends and breakthrough Summit includes presentations on positing a hospital for success, the impact of innovations. healthcare reform and getting a handle on operational expenses. www.nhcfosummit.com Please note that the Summit is a Contact closed business event and the number of participants strictly Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits limited. Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.comSiemens HealthcareSiemens brings together innovative imaging and laboratory diagnostic equipment, information technology, management consultingand services to help customers achieve positive and sustainable clinical and financial outcomes.www.USA.siemens.com/healthcareAbout marcus evans Summitsmarcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discussstrategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity toindividually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings.For more information, please visit: www.marcusevans.comUpcoming EventsCFO Summit - www.cfosummits.comNational Healthcare CXO Summit - www.nhcxosummit.comTo view the web version, please click here: www.nhcfosummit.com/BappaChoudhury