Guest Column | July 28, 2014

Tear Down Clinical & Financial Silos In Healthcare

By Jennifer Woodworth, Swedish Medical Center

The days of separation between clinical and financial teams in healthcare are gone. Better documentation means better care and a stronger financial story.

Historically, talk of healthcare finances has been conducted behind closed doors, away from the earshot of the physicians and care teams, despite the impact it has on them and the services they provide.  But these days, it’s becoming impossible to maintain silos between administrative and clinical teams, and – quite frankly – it is not a holistic way of approaching patient care.

The reality is that in healthcare, the primary goal is to provide the best patient care possible, and right now, just as every clinician is working hard to keep his or her patients healthy, every member of the healthcare finance team is working to keep the organization afloat to continue providing quality services and programs to their communities.  With so much at stake, transparency and collaboration are key, and implementing strategies, technology, and processes that support physicians and quality patient care while meeting regulations will lead to a strong financial bottom line.

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