Healthcare

Medical. ERP’s Role in Data Privacy.

The team at Caravel has been working with clients in the Medical sector for decades with a heightened focus on balancing the need for more medical related information to drive improved financial reporting and visibility in the ERP system while protecting patient information (PHI / HIPAA). Caravel’s team has helped companies institute the right business practices and integrations to key system to achieve these objectives while remaining compliant with HIPAA regulations.

HOSPITALS & CLINICS

ACUTE CARE

WELLNESS

PHARMA

MED DEVICE

MEDICAL BILLING

MED-TECH

VETERINARY

Solution Footprint

The typical solution footprint for Medical clients can vary by micro vertical but typically incorporate the following functions:

Global Financial Management

• Multi-Entity Management
• Global Accounting
• Country Localizations & Statutory Reporting

Budgeting and Forecasting

• Revenue Planning
• Opex Planning
• Workforce Planning

Procurement

• Vendor Management
• Procurement Contracts and Purchase Order Management
• Expense Reporting and/or Expense Report Integration
• Vendor Bill Management or Bill Pay Integration

Supply Chain Management (Device, Distributor, Manufacturer)

• Vendor Management
• Procurement Contracts and Purchase Order Management
• Expense Reporting and/or Expense Report Integration
• Vendor Bill Management including Bill Pay Integration

Enterprise Reporting and Business Intelligence

• Practice Level Reporting (Location, Practice, Doctor, Procedure, Patient)

Project Accounting (Pharma)

• Project Management
• Project Budgeting
• Project Costing
• Time Entry
• Expense Reporting
• Project Billing & Reimbursement

Revenue Management

• Integration to EMR, PMS, CRM or 3rd Party Billing
• Platforms
• Customer Invoicing
• Customer Payments
• Collections

Integration to 3rd Party Systems & Platforms

• EMR or PMS Platforms
• Billing or Proprietary Platforms
• Banking
• HR & Payroll