Growth in a healthcare practice is good. It means new opportunities to serve patients and expand the practice. Yet, it can also create growing pains that you will have to address. Specifically, you need to take care of the business and accounting side of the practice.
One of the chief concerns during growth is tracking business information, organizing patient records, and supporting complex accounting situations. And these issues with practice management only become more complicated as you add more locations and patient services.
When dealing with information regarding patients, employees, insurance, and accounting, the main goal is to have a way to track this information effectively and organize it in a helpful way. Not to mention being able to collect, share, and retrieve data from multiple branches. You need to gain visibility into financial performance.
The answer for modern healthcare practices is the cloud-based Oracle NetSuite ERP platform. The NetSuite healthcare solution was designed to streamline financial management for healthcare, freeing you up to spend more time on other pertinent areas of the practice.
Find out how the NetSuite ERP system provides individual clinics and growing healthcare entities with a scalable and flexible back-office system.
What to Expect from the Oracle NetSuite ERP Platform
The primary benefit of the NetSuite ERP platform is a centralized location to monitor, track, and update information about patients, business lines, and services.
As if saving time in this area wasn’t beneficial enough, this ERP platform also contains versatile reporting capabilities that collect robust amounts of data and organize them in meaningful ways that can be recalled when needed.
Real-time reporting shows off the convenience of this system, while safety from this cloud-based platform keeps sensitive information secure. So, not only can you access crucial practice information when you need it most, but you can also rest assured that your patient’s information is protected to the highest degree in accordance with HIPAA requirements.
Convenience is another benefit of the NetSuite ERP Platform. With over 200 pre-built reports that can be generated at the simple click of a button, you and your staff can easily compile information and make quick adjustments based on that information, if necessary.
The healthcare field is ever-changing, and you need a cloud-based system that can scale with your practice and help you keep up with growth.
Implementation and Training on the NetSuite Interface
Even when you find a solution that is perfect for your clinic or practice, implementation is yet another hurdle that must be addressed.
As a busy professional in a competitive landscape, you can’t afford to take time away from patient care to implement a new system. That’s where the Finlyte team comes into play. We work with you to make light work of NetSuite implementation.
By working with Finlyte, you’ll benefit from a streamlined and controlled NetSuite implementation project. We’ll ensure that NetSuite integrates with your existing systems so that you do not experience disruptions and are set up for future success.
Our dedicated professionals know the NetSuite system and have tremendous experience working through common healthcare software system requirements. You can rely on us to spearhead and monitor the implementation process.
After NetSuite is integrated into your workflow, we will remain involved with your practice. You will still be able to receive support while you and your team get the hang of the new system and become comfortable using NetSuite during daily use.
We understand that the NetSuite healthcare system is a significant investment from a time and cost standpoint, which is why we make it a priority to help you get the greatest return on your investment. That’s why we support the initial implementation with ongoing NetSuite optimization services to support your latest needs.
We also understand how important it is to adhere to industry regulations that go hand-in-hand with reporting timelines and information requirements. Staying connected with Finlyte throughout your use of NetSuite will enable us to quickly address new compliance issues so that you remain compliant.
Contact Finlyte to Discuss the NetSuite Healthcare Solution
Whether you’re ready to make the leap to NetSuite or need more information about how the platform works in healthcare, we are available to answer your questions.
As a leading NetSuite implementation partner, Finlyte is here to help you every step of the way. When your practice experiences growth, you need access to a system that can keep up. We are confident that NetSuite is the right option for your practice:
- Simplifies the business and accounting side of running a healthcare practice.
- Increases visibility to monitor the health of your practice.
- Enables healthcare professionals to focus on what they trained for: patient care.
- Frees up professionals to spend more time on their practice.
The NetSuite system solves common challenges trying to keep up with essential record-keeping and the need to provide exceptional healthcare services. Instead of trying to juggle both, let NetSuite take care of the business side so you can focus on patients.
The first step is to reach out to Finlyte to discuss migrating to NetSuite. We offer a dedicated NetSuite implementation solution specifically for healthcare. We can discuss your practice’s needs, establish a realistic timeline for implementation, and set up the initial implementation project if you are ready to proceed.
Schedule a consultation with Finlyte today. Get started on resolving the growing pains of your healthcare organization. Tap into the power of NetSuite healthcare solutions to support practice management.
