Recent Advisory News
Audit Status Dashboards - Audit Management is critical to your business and without easy-to-understand reporting, it can disguise underlying process, risks, and cost management issues.
HC3 Advisors Example of Top-level Audit Status Dashboard
John Phillips, HC3 Advisors' Healthcare Partner, September, 2020
1. Summarizes Key Audit Status
2. Calls out audits that are at risk
3. Forecast and manage the financial costs of audits
4. Provides insights into what business areas are requesting audits and types
5. High-level indicator of audit stages
HC3 Advisors Top 5 Cybersecurity Trends In The Healthcare Industry For 2020
John Phillips, HC3 Advisors' Healthcare Partner
1. Phishing Attacks Continue To Rise
2. Concerns Over Clouds Services
3. Vulnerability of Healthcare Supply Chains
4. Medical IOT Devices Are Spreading Faster Than They Can Be Secured
5. Artificial Intelligence (AI) The New Weapon
IT Asset Management - Understanding the Business Capability that your assets are providing is key to understanding the asset’s value and operational significance to your business.
Asset Management
John Phillips, HC3 Advisors' Healthcare Partner
Definition: Framework and set of processes for strategically tracking and managing the financial, physical, licensing, maintenance, changes, and business value of IT assets through their lifecycle.
IT Cost Optimization
John Phillips, HC3 Advisors' Healthcare Partner
For many years, innovations in service delivery options have been changing the way IT services are procured and consumed. This sea change has reshaped IT cost structures from one of significant capital investment to that of a subscription service model.
As a result organizations have been required to re-evaluate and re-think their IT strategies around service delivery. Mainstream solutions such as Cloud Computing, Software as a Service, and Virtualization technologies provide additional options to the traditional service models.
In additon to rethinking the technology delivery options, one must also realign the staffing model and skill set requirements and determine what resources need to remote, off-shore, outsourced, contractor, and onsite.
The continuing rise in cost of technology continues to concern health care delivery organizations. Saddled with high implementation costs as well as ongoing operational financial burden has many health care organizations questioning the cost / value equation and whether they are achieving the benefits and ROI that was anticipated.
The Promise of mHealth and Telemedicine
John Phillips, HC3 Advisors' Healthcare Partner
Today, communities all over the U.S. are struggling to care for an increasing number of underserved, aging, disadvantaged, and at-risk populations. Every state is a little different in licensing, standard of care, and scope of practice. There is a lot of variation and as the manpower shortages continue this will cause dramatic changes.
Telemedicine is helping health care workers meet these challenges by arming them with laptops, Skype accounts and wireless Internet connections. Using such tools, they are able to consult a cardiologist when a patient is suffering from chest pains, physical therapist regarding an injury, or neurologists with expertise in stroke care all from the convenience of their living room or automobile. .
When utilized for patient management, mobile devices can help facilitate care across the healthcare spectrum, transmitting vital information quickly amongst the healthcare team. The result is better patient care coordination and real-time access to information enhancing the continuity of care.