Bristol Myers Squibb is now one of our customers. Furthermore, you can now avoid starting from scratch your business architecture model by using the Business Architecture Guild Healthcare Reference Model. Here’s an example of it in this 5-minute video or take a look at this 39-slide presentation that was used to make the video.
Healthcare providers seek different benefits from the use of IRIS Business Architect. Here are a few that can be pointed out:
- Better decision-making ability. The use of IRIS Business Architect helps healthcare providers comprehend the complete impacts of decisions before making them, therefore reducing risk for each decision.
- Driven and cohesive strategy. IRIS Business Architect can contribute in decoding corporate strategy and focus corporate investment toward initiatives that have higher returns.
- Agility in business and information technology execution. The use of IRIS Business Architect makes it easy to have a repository of reusable business architecture content for each of your healthcare service units and defined processes that decode corporate strategies into execution significantly speeding up an organization’s ability to recognize and implement all necessary changes.
- Higher operational effectiveness and capacity for growth. IRIS Business Architect helps healthcare providers structure and rationalize business operations for efficiency and scalability.
The healthcare industry is currently facing challenges that need to be addressed swiftly, preferably using IRIS Business Architects, to ensure optimal cohesion between the organization’s strategy, rules and regulation and its execution within each of its service units. Here are some of these major challenges that can be resolved using Business Architecture:
- With the increase of health insurance exchanges to the detriment of employer-sponsored commercial plans, many hospitals and healthcare organizations now have to streamline their operations and upgrade their patient collection capabilities.
- Because of the aging population and the growth of chronic diseases in many countries worldwide, public healthcare providers need to implement new strategies putting more emphasis on geriatric care, the deployment of a greater number of nursing homes and services and increase the use of new technologies for elderly care used remotely from hospitals.
- With the growing scarcity of physicians and nurses, healthcare providers need to review and optimize more and more the intervention processes between physicians, nurses and their patients.
- With the arrival of new health mobile, social, and cloud technologies and data management and analytics that can facilitate new diagnostic and treatment options, public and private healthcare providers and insurers not only need to prioritize the selection of new technologies, but also restructure care delivery models and promote more efficient use of resources to insure decision making with minimal risks.
- The arrival of the Drug Quality and Security Act, aimed at eliminating counterfeit medications in the drug, will require that healthcare providers adopt strategies to adjust their supply chain process and systems and execute upon them.
- In many countries, access to care for all is a priority and a major issue with the aging population and the scarcity of physicians and nurses. Governments and public healthcare providers, need to find affordable and effective methods and processes to insure that a higher percentage of the population have easy access to physicians or nurses outside emergency care.