Cedars-Sinai Medical Center recently acquired another regional hospital to expand their reach within Southern California. As a result of this acquisition, business processes and corresponding systems needed to be evaluated for replacement, in order to leverage common best-practices enterprise wide.
- CHALLENGE PRESENTED
- Growth through acquisition is an ongoing trend in the Healthcare Industry. As favored growth strategy, organizations such as Cedars-Sinai are able to expand branded services into new markets quickly while improving performance and eliminating excess administrative costs. As Cedars-Sinai executed this approach, they quickly came to realize the complexities of integrating their many business systems. Further, they needed to ensure their conversion of administrative systems would not impact the timline for converting higher priority patient related systems. While the administrative systems were seen as less priority, their conversion could not cause delays in higher priority efforts.
- PROPOSED SOLUTION
- Cedars-Sinai turned to SpearMC to develop a strategic and repeatable approach to convert and integrate financial data in a phased approach. The proposed solution included a flexible mapping technology which is system agnostic, and which can be used for both historical data conversion as well as ongoing system integrations.
- RESULTS ACHIEVED
- In just eight weeks SpearMC deployed the Mapper toolset which was used to convert eight years of detailed financial transactions. The toolset is used for ongoing interfaces from legacy systems, allowing a gradual deprecation of such sources when ready. Consolidated reporting is performed in a single source of the truth, for current and historical reporting purposes.
HOW WE HELPED CEDARS-SINAI SUCCEED
- Provided a phased roadmap for legacy system deprecation.
- Accelerated the path to a single source of truth for financial reporting.
- Developed a repeatable and configurable toolset for future acquisitions.
- Delivered training to new users of the financial system.