Choosing the right option, vendor or solution requires organization and structure. Healthlink Advisors provides thoughtful discipline throughout the process for you and your team. From enterprise EHR, revenue cycle and ERP platforms to outsourcing evaluations, we work closely with executive leadership to consider all aspects of the decision, and we actively engage stakeholders to ease the decision-making process. Our clients experience a positive and measurable return on investment based on the outcomes of our work.
Approach
Understanding the needs of a health system goes beyond basic comparisons. Our experienced team considers all aspects of performance, coupled with the decision process to drive a comprehensive and strategically aligned decision. Our selection and options analysis offerings are flexible to meet your needs from a full selection process led by our team to a compressed version with a specific area of focus.
Success Factors
- Develop a strong governance structure with clearly defined guiding principles
- Align with the organizational communications strategy
- Build an infrastructure for implementation and linkage with other related change efforts
- Involve end users in the process
- Deliver clear and consistent communication across stakeholder groups, including vendors
We Deliver
- Application selection
- Platform selection
- Vendor selection
- Options analysis
- Cost modeling
- Benefits analysis
| System Selection Components | System Selection Engagement Options | ||||
|---|---|---|---|---|---|
| Cost Model Only | Cost Model + Benefits Analysis | Full Selection | Full Selection + Site Visits | Comprehensive System Selection + Implementation Prep | |
| Background | |||||
| Current state discovery (people, process, & technology) | |||||
| Risk assessment | |||||
| Market landscape research | |||||
| Target vendor identification | |||||
| Vendor Evaluation | |||||
| Strategic decision factors & options analysis | |||||
| Request for proposal (RFP) process | |||||
| Vendor functionality roadmap analysis | |||||
| Vendor demonstrations | |||||
| Reference calls | |||||
| Reference site visits (if applicable) | |||||
| Vendor site visits (if applicable) | |||||
| Financial Modeling | |||||
| Total cost of ownership modeling | |||||
| Return on investment (ROI) modeling | |||||
| Value modeling (benefits analysis) | |||||
| Decision Day Preparation | |||||
| Business case | |||||
| Executive team communications | |||||
| Board of trustees communications | |||||
| Targeted facilitated (1:1 or group) sessions | |||||
| Implementation Preparation | |||||
| Governance development | |||||
| Phase 0 | |||||
| Contract Negotiations | |||||
| Third-party contract management | |||||
Let’s Discuss a Customized Plan
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Latest Selections & Options Analysis Perspectives
It’s no secret that the healthcare market is continuing to shift due to a variety of catalysts, including continued wide-spread staffing shortages, a consumer driven market driving preferred sites of care into the ambulatory and at-home space, expanding virtual care options, and the emergence of artificial intelligence (AI).