In a time of unprecedented change in the healthcare industry, payers, providers, and patients are all trying to figure out how to adapt and survive in this new environment. Health plans are focused on complying with the mandates of healthcare reform, and seeking ways to reduce administrative expenses and counter the cost of compliance, while still positioning their organizations for future growth. Hospitals and physician practices are cutting back on back office expenditures, delaying capital investments and reducing services due to the current economic conditions. Many are facing the possibility of being acquired or having to merge to increase buying power, reduce costs and/or to just merely survive. However, the inherent complexity in the system continues to drive consumer confusion, process inefficiencies, rework, errors, unpredictable cash flow and increased costs, while reducing the focus on patient care.
Quetica works with healthcare organizations, as well as the organizations that serve them, to apply technology to drive process optimization, automation and visibility. With a history of tackling the most complex, B2B back office processes, Quetica’s team works with organizations to apply best practices around network and cloud-based solutions, supply chain finance and working capital optimization, in addition to payment processing, data integration and B2B process automation.
