Digital transformation is at the forefront of every business today and insurance is no exception. It comes as no surprise that digital transformation have moved past questions of “why” and “if” of pilot deployments to “when” and “how of mainstream technology choices. There is hardly anything to doubt that the insurance industry acknowledged digital transformation as being beneficial, but that said they also acknowledge that they’re struggling to integrate this digital disruption into their overall IT and business processes. Not without a reason, complex, far from flexible and aging legacy systems stand in the way of digital transformation. Apart from …

Digital transformation has gone mainstream and with it came the most valid and obvious question, that is, what challenge will organizations face post implementation journey. Digital transformation projects no doubt present a valuable opportunity for organizations to gain better customer experience, digitalization of business Operations. Despite of the fact that many companies are embarking on digital transformation initiatives, more than half of these projects failing to reach completion, or lack the focus required to provide true advantage. Legacy systems are often seen as an underlying threat to the majority of insurance digital transformation projects that often goes unnoticed. And no …

Thanks to the new reforms that are being adopted at a national level, healthcare is currently undergoing a major transition from a payment-based service to a value-based service model. The need for change is paramount in the context of the increasing prevalence that is been accorded to population wellness programs. Workforce Trends and Wellness More and more organizations now are fully aware and understand that healthy staffs is always a productive staff and therefore, population/workforce wellness programs are becoming increasingly prevalent these days. Greater importance is now being given to wellness programs to enhance the efficiency of their personnel with …

What is the biggest challenge facing healthcare organizations participating in 340B program? For most covered entities and retail pharmacies organizations, it’s getting things done on time using their legacy and point solutions, which are often reactive and standalone. This challenge only increases with the ever increasing compliance requirements. Maximize your 340B drug pricing program with software and technology that help you dispense prescription drugs to eligible patients at a lower cost. When most companies participate in 340B program, they do so with one thing in mind. To stretch scarce federal resources as far as possible, reaching more eligible patients and …

Innovation is the key for technologies getting acceptance in the noisy world of today’s marketplace. Perhaps, what is most difficult to obtain is the power of innovation that will take the complex business systems to the next level. No doubt, innovation is alluring, but at the same time, it is also very difficult to obtain. For large IT organizations especially, it becomes truly difficult when they are so deeply entrenched in their old complex systems that they avoid new methods or even technologies to come in to change their way of doing business for the better. Adopting new technologies is …