SAP Creates Two New Products for the Healthcare Market

SAP is launching two products designed to enable healthcare providers to manage patients more effectively and become intelligent enterprises.

The new solutions showcase SAP’s simpler, smarter, and more efficient product set for healthcare providers.

The SAP S/4HANA Cloud for patient accounting and SAP Patient Administration solutions address the needs of healthcare providers for flexible and extensible cloud services supported by intelligent technologies that will help break down legacy structural and technological barriers in healthcare.

As healthcare providers transition to value-based care models, SAP S/4HANA Cloud for patient accounting and SAP Patient Administration help set the foundation for optimizing business operations while improving the patient experience.

SAP S/4HANA Cloud for patient accounting uses artificial intelligence technology to automate patient billing, payment handling and case-cost analytics.

It enables billing teams to create more accurate invoices using rule checks, sort billing cases by business relevance and analyze revenue cycle efficiencies.

As a result, healthcare providers can reduce administration tasks and accelerate reimbursements while reducing overall costs.

SAP Patient Administration helps to improve the patient experience by enhancing the patient scheduling and registration process.

It enables online preregistration and patient self-check-in that will reduce patient waiting times and cut administrative burden through digital health information capture.

Accurate, up-to-date information from patients will expedite claims processing, adjudication and reimbursement.

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