Why Using a Robust Hospital Information System is Crucial
In this page, we highlight the top reasons why investing in our Hospital Information System – MEDtrix is necessary and crucial for your hospital. Below are real-world reasons given by our partner hospitals, doctors, medical professionals, national vice-presidents of finance and operations and business-inclined executives of hospitals.
Easy, Fast and Convenient Access to Accurate Patient Information
Readable, Structured Information
Clinical information captured is well-organized, thus making it easier to maintain and quicker to search through for relevant information. Information is also legible, making it less likely that mistakes would be made due to illegible writing.
Billing Integrated with Clinical Management
Real-Time Financial Reporting
“Executives today are at risk of drowning in an ocean of technology-generated data. One possible response to data overload is to tune out completely, but that only takes the problem to the other extreme. A better response is to make the company’s business model as simple and as transparent as possible and to figure out exactly which measures are needed to illuminate the model’s success.”
Major Concerns with our Competitors
Below are the reported and actual data from the grassroots-level by medical administrators and professionals
Cannot generate Financial Statements
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- Double Entities to Achieve One Functionality
- Journal Entries are done manually
- Departmental revenue report is generated through “script”
- Delayed submission of financial reports
- Unreliable information and figures
- Transactions are not linked to the general ledger
Hassle in Dealing with Two Entities for One Module or Functionality
The common and widespread practice is exporting the data from the hospital system, manually process in Excel, manually apply payments from Companies, Gov’t Agencies and HMO’s, verify Quickbooks, create journal entries manually, prepare import file to Quickbooks posting, departmental revenue report generation using a “script”.
Communication, logistics, sharing of codes and confidentiality are some of the factors to deal with when dealing with two entities for one purpose.
We have addressed this issue using our robust Accounting Management System included in our Hospital Information System Phase 1.
Unreconciled Accounts Receivables
Cannot generate electronic receipts
PhilHealth Claims Concerns
Claims processing are done manually
Difficult Technical Support
Billing Statements are not yet PHIC compliant
“We keep moving forward, opening new doors, and doing new things, because we’re curious and curiosity keeps leading us down new paths.”
Our Solution
Take a look at our solution how we addressed these solution under one technology and company. We don’t just come in as your software provider, we come in as your network of consultants.