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

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 the
Interview with: Bappa Choudhury, audience, preparedness for ICD-10-CM/ care team, Siemens can enable better
New Business Development, PCS is top of mind. Conversion projects collaboration, and more informed and
Siemens 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 to
help 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 and
scale and leveraging shared services denied claims. These standard processes enhance the
throughout an organization,” said Bappa patient’s experience by providing
Choudhury, New Business Development, consistency and collaboration across the
Siemens Healthcare. “Information enterprise.
Technology (IT) is a key to enabling
those savings, and should be looked at Are standards and interoperability
as a strategic, or essential, lever to important things for CFOs to
achieve those benefits.”
The consider?
From a solution provider company at Standards and interoperability are
the marcus evans
Healthcare CFO Summit Spring
National
environment is important topics within the entire
healthcare IT industry. Siemens can
2013, in Palm Beach, Florida, April provide an enterprise solution that helps
15-17, Choudhury gives advice on the
top challenges facing healthcare Chief
Financial 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 relationships
What changes is the healthcare with physician practices.
industry going through today? What
should healthcare CFOs prepare for? As the organization becomes more
Healthcare CFOs are trying to keep to value-based consolidated, and starts taking on new
avenues of care, relying on a single
pace with regulations that are emerging integrated approach to enterprise
from Washington, D.C., which are
ongoing and impact both clinical and reimbursement revenue cycle management has the
potential to unlock significant benefits.
revenue cycle operations.
By standardizing processes among a
There is a tremendous amount of variety of settings, it is possible to
consolidation in the industry right now, understand and optimize the revenue
as organizations and providers are cycle from claims generation, to
seeking efficiencies and cost savings by submission, to billing and collection –
exploring new relationship models allowing organizations to provide high
within their communities. quality, sustainable healthcare.

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
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Siemens Healthcare
Siemens brings together innovative imaging and laboratory diagnostic equipment, information technology, management consulting
and services to help customers achieve positive and sustainable clinical and financial outcomes.
www.USA.siemens.com/healthcare
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