Industry updates, client success stories, and expert perspectives from the team at Pivot Point Consulting.
Most health systems have third-party risk paperwork, not a program. With 72% of healthcare breaches now originating from a vendor, onboarding-only vetting has become a liability shield with an expiration date. Here's what a program that actually manages risk looks like.
PerspectiveApplication rationalization as a strategic initiative—not just a cleanup—provides valuable insights that can jump-start larger organizational efforts.
PerspectiveHealthcare organizations should develop a strategic infrastructure that selects AI applications aligned with the hospital’s brand, technology stance, and care strategies. Innovative offers a “look before you leap” approach that focuses on AI readiness before rushing into solutions.
PerspectiveWhat’s keeping healthcare CIOs up at night? Our Client Advisory Board weighs in with their top five headaches for 2025. Read the blog.
PerspectiveIn today’s healthcare landscape, the greatest asset isn’t just our infrastructure, workforce, or technology—it’s our patients. Yet every day, health systems see patients slip through the cracks due to ineffective referral processes or poorly managed electronic medical record (EMR) transitions. The result? Massive losses in revenue, fragmented care, and weakened patient loyalty.
PerspectiveThe floodgates have opened when it comes to AI and hospitals. Vendors and internal advocates alike are knocking on the doors of CIOs, asking for funding.
PerspectivePivot Point Senior Vice President of Healthcare Management Consulting, Kulwant Gill, was recently featured in Healthcare Business News on his thoughts around revenue cycle management. He noted that "in today’s rapidly evolving health care landscape, the economics of care delivery are under constant pressure.
PerspectiveMedian days cash on hand dipped to a 10-year low for U.S. hospitals and health systems. To shore up their balance sheets, hospitals are looking for cash savings from their IT areas, among others, using a process called application rationalization.
PerspectiveForty percent of hospitals are losing money, in part due to bloated IT costs. Hospital CEOs are addressing the problem by thoroughly reviewing the applications and by turning to outsourcing.
PerspectiveOctober is Cybersecurity Month, so what better time to point out that in the first half of 2024, the number of cyber attacks in healthcare grew exponentially. That’s concerning for a variety of reasons, including the fact that the average cost per breach is $9.77 million.
PerspectiveCIOs are using AI to improve diagnostic efficiency and health outcomes, at lower costs. These innovations grow revenue and are resulting in the CIO often reporting to the CEO instead of the CFO 63% of the time.
Reducing unnecessary costs, improving efficiency, and strengthening resilience against future risks starts with an honest look at the application portfolio you already own.
Organizations heavy on strategic priorities like AI need a partner to handle the day-to-day breaks and fixes — so internal teams can focus on the initiatives that move the mission forward.
PerspectiveMindy Elmer, Innovative Consulting Group Vice President, discusses why in-person selling is twice as helpful as phone sales for better exploring complex healthcare IT solutions.
PerspectiveThe advantages of moving beyond interoperability to full data integration include seamless data flow, improved patient care and better data and analytic insights.
PerspectiveTrusted data refers to information that is reliable, accurate, secure, and compliant with relevant regulations and standards.
PerspectiveData innovation leveraging analytics and AI is essential to advancing the strategy and operations of any business. In healthcare, however, it is imperative—quite literally, lives are on the line.
PerspectiveHIT outsourcing is a way to lessen IT staffing costs, work with experienced IT consultants, update systems and increase clinical efficiencies and improve patient care.
PerspectiveVirtual hospital IT project managers, leveraging online collaboration tools, can be cost effective in updating or adding new IT, with specialized skills.
PerspectiveIT costs represent about 3% of hospital expenses. By outsourcing IT rationalization and operations, hospitals can improve operating efficiencies and reduce technology costs.
PerspectiveRachel Marano recently published a piece in Fast Company on how workaholism impacts stress levels and health. See what she had to say today.
PerspectiveWith the new year upon us, our industry experts sat down to discuss the trends they foresee for the healthcare IT field in 2024.
PerspectiveAI is improving healthcare delivery from the first patient interactions, through diagnosis and treatment and concluding with more efficient and accurate claim administration.
PerspectiveThird party application rationalization saves staffing and systems resources and boosts system efficiency.
