SPEND MANAGEMENT BLOG

INSURANCE & IT Spend – How You Can Help Control Costs

According to the Insurance Information Institute, there were 6,118 insurance companies in the U.S. and its territories in 2014 with net written premiums totaling over $1.1 trillion.  There are constant acquisitions and the pressure to create new and innovative insurance products and speed them to market is front of mind for insurance executives. In both segments Read more about INSURANCE & IT Spend – How You Can Help Control Costs[…]

HEALTHCARE: How Can You Reduce IT Spending?

Healthcare costs are rising.  Providers are investing large portions of their IT spend in technologies like EHR/EMR, newer HIS systems to replace older legacy systems, MDM (Master Data Management), and HIPAA compliant solutions such as Encryption (including secure group messaging and other tools), Access Control and Authentication to protect PHI.  So how can IT Spend Management help? Read more about HEALTHCARE: How Can You Reduce IT Spending?[…]

Midwest Hospital Saves over $550K

Using actionable intelligence and data from SM Financial’s Spend Management Consulting, a hospital in the Midwest saves over half a million dollars on a new EHR/EMR solution.   Healthcare providers are constantly challenged to provide better care, lower costs, provide stronger PHI security, and move patients from admissions to discharge faster while still providing quality care.  But how? Implementing Read more about Midwest Hospital Saves over $550K[…]