What are the biggest challenges facing healthcare organizations participating in 340B PROGRAM? According to a study, more than 60 healthcare providers are participating in the 340B drug pricing program. In this increasingly digital-centric landscape, 340B journey means more than eligible prescription identification, dispensing, maintaining compliance and realizing savings. When these companies participate in 340B program, they do so with the following things in mind: stretching scarce federal resources as far as possible, reaching more eligible patients and providing more comprehensive healthcare services. Despite understanding the need to maintain program requirements accurately, only a few healthcare providers can say they have …

Healthcare organizations will agree that the marketing strategies they are leveraging are not the same as what they used to be. Thanks to digital transformation, consumers now have access to more information than ever before and when it comes to patient experience.  Patients expect the same kind of personalized provider experience that matches the high-level experience of companies like Amazon. The Healthcare industry is no stranger to marketing, yet still thinks of CRM as a solution only for sales teams. But a CRM solution creates incredible value to a variety of teams; special mention to both the healthcare and life …

Machine learning (ML) is one such technology that has tremendously benefited financial services and banking industry. Bad decision making costs organization in terms of time, profitability and reputation. But the real cost of bad decisions is neither losing revenue nor reputation; it is an opportunity to delight customers. The chances are that organizations are more likely to make more bad decisions than good ones, thanks to the onslaught of data. The best way to reduce the cost of bad decision making is to find and fix it, before decision-making team acts on it, machine learning as a subset of data …

Organizations are constantly seeking ways that can create value for their business and save costs on infrastructure. IT is proving to be a business enablement machine, thanks to disruptive products and services currently being delivered that was unheard of a decade ago. Cloud computing is helping businesses open new channels of communication with customers, gain insights into data trends, and create new products & services accurately customized to the targeted markets-all by leveraging the disruptive technology. AWS creates a Collaborative Environment that makes sharing Information Seamlessly Successful businesses are capitalizing on new ways of operating, keeping IT in the driver …

Big data technology is at the centre of everything financial services organizations do and will continue to drive innovation well into the future. Financial services firms today can leverage big data to address the challenge of new revenue streams through data-driven offers, provide better services to customers, retain existing customers, acquire new ones and maintain their competitive edge in a technology landscape that is constantly altered with new business models based on digital transformation. Big data can help financial services firms in the following ways: Digitally transform the operations as they are challenged to improve business processes and develop new …