NetSuite for
Healthcare
The Healthcare industry is undergoing significant changes, with organizations facing constant regulatory changes, pressures to control costs, and a complex competitive landscape. Privacy and security are paramount, and in order to thrive, organizations must be able quickly adapt to market, customer, and regulatory shifts.
NetSuite’s cloud-based business management suite improves visibility and reduces complex processes. Certified for HIPAA Security and Privacy Rule compliance, NetSuite helps Healthcare organizations streamline their operations and provide great customer service while having the confidence they are safeguarding sensitive patient information.
1. Streamline Reporting and Automate Finances_
NetSuite’s comprehensive platform, provides Healthcare organizations with a single source of truth, offering accurate, real-time reporting on personnel rostering, utilization, and inventory. By automating key financial tasks such as invoicing and payment processing, consolidating data from various sources into a unified system, and providing comprehensive financial insights, NetSuite enables organizations to make data driven decisions that ultimately improve operational efficiency.
2. Compliance and security_
Third party audited and HIPAA attested, NetSuite includes tools such as Compliance 360 to track company user interactions with customer records. It employs strong encryption, role-based access controls, robust password policies, multi-factor authentication, application-only access, and IP address-based restrictions to protect sensitive patient information. These features ensure compliance with stringent regulatory requirements, support internal controls, and provide accurate, real-time reporting with comprehensive audit trails.
3. Scalability Across Healthcare Settings_
NetSuite’s ERP system supports growth and scalability for a range of Healthcare organizations of all sizes. It offers a scalable solution that provides comprehensive visibility across multiple locations and entities. The system facilitates seamless consolidation of financial data across entities and acquisitions, allowing for flexible configuration of processes, workflows, and reports to meet specific needs. It also enables easy adjustments as requirements evolve over time.
4. Financial Management_
Comprehensive ERP and financial capabilities seamlessly integrate with back-office, sales, and service processes. With collaborative budgeting capabilities you can completely integrate with core financials to drive strategy, planning and execution. Improve productivity with real-time tracking, reporting, and auditing tools and gain instant access to vital information for administrators, patients, and specialists on any device.
5. Effective Inventory and Resource Planning Tools_
Effective inventory management is vital for Healthcare organizations to ensure adequate supplies for patient care. Achieve complete supply chain visibility, from procurement to order fulfilment with NetSuite’s integrations and inventory management features that allow precise monitoring of stock levels, create low-inventory alerts, and efficiently handle orders to optimize operations and cut costs.
6. A 360 Degree View of your Customers_
NetSuite provides healthcare organizations with a unified CRM platform, offering a 360-degree view of customer interactions in both B2B and B2C environments. This enables superior service quality through lead-tracking tools, sales pipeline management, and analytics technologies. Securely store patient information to create more personalized experiences and deliver better service to customers and partners.