hybrid cloud compliance

Cloud ERP ideal for Healthcare Financial Services Globally

According to the statistics, 17% of the health care organizations are utilizing ERP on the premises while most of them have moved to public hosting service. Health professionals who are using ERP systems extensively are assessing migration of their ERP on to the Cloud, this is a significant change for these organizations. Before the decision, a comprehensive analysis needs to be done, so the right decisions are taken, most importantly regarding security and privacy of the patient data; an extremely sensitive matter.

ERP Cloud is Easy to Manage

Cloud hosting services provide ease in accessibility, and one less worry for the health services establishment; maintaining and managing IT equipment is a constant concern for them cloud hosting takes away those pain points. Particularly in health care, it helps in lowering cost of operations. Cloud ERP reduces cost of equipment, without the need to keep it upgraded, dealing with multiple vendors, network administration, data storage, and servers. Cloud services encompass all that was previously provided on health service providers premises.

Better Security can be Attained through Cloud ERP Systems

Security is one of the major concerns in healthcare. Cloud platform will definitely enhance security of ERP systems. Cloud service providers invest heavily in Information Security products and professionals, who are constantly on the look to secure the client information from cyber-attacks. Healthcare ERP systems contain very sensitive information such as personal information of a patient, health insurance data, credit card information, billing details, etc. Health cares professional’s offices need to connect to health insurance providers; both government and private, interfacing with these is made easy because of ERP being on the cloud, there are standard APIs available that ease the connectivity between the Cloud ERP and insurance company databases.

Benefits and Concerns related to Cloud ERP in Healthcare

There are some benefits that can be attained by using cloud ERP for healthcare organizations; but still, there are some concerns which need attention. Sensitive data security is a major concern; healthcare establishments deal with important and sensitive data. It is necessary for a healthcare provider to review the data security, back up, and disaster recovery regime and capabilities of cloud service providers and select the most secure, robust and feasible one for their organization.

Thus, Cloud ERP systems are the advanced and efficient approach towards technology, but in regard to healthcare, the implementation of cloud ERP has quite of issues that need to be resolved before shifting healthcare institutions to it.