Engineeringbeat: Fast-tracking mainframe modernization has been saved
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Engineeringbeat: Fast-tracking mainframe modernization
Key health care modernization insights
Over the past 30 years, the health care industry has radically transformed with soaring spending, electronic health care records adoption, and longer lifespans. Yet, despite the changes, legacy mainframe systems still predominate at most organizations. As providers grapple with spiraling transaction volumes, the mismatch creates cost pressures and affects patient and provider experiences.
Discover the power of a holistic mainframe modernization strategy to improve patient and provider experience and ease financial pressures.
Modernization strategies to tackle core business challenges
To tackle critical, core business challenges that have an impact on nearly every part of the health care continuum—those that inflate costs, affect patient and provider experiences, and hobble sustained growth—organizations should develop sound modernization strategies for their core legacy systems. Here are three that we’ve found most effective:
Three primary enterprise service delivery goals
1
Reduce costs with creative funding approaches
Take advantage of ecosystem relationships, monetize platforms, and build modular systems to create—which can generate new revenue streams and reduce expenses.
2
Leverage better data integration to improve care
Centralize data with cloud repositories and use application programming interfaces (APIs) to integrate data for seamless legacy-to-modernized-systems connections—which can improve patient care and response times.
3
Enable sustained growth with cloud capabilities
Create modular platforms and use plug-and-play APIs to enable better systems integrations for mergers, acquisitions, or divestitures—which can drive long-term growth.
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Health care modernization in action
A large health plan sought to modernize its 40-year-old mainframe health-claims system to handle rising transaction volumes and bring new products to market. Deloitte supported the program from conceptualization to operation with a digital-first approach to claims adjudication, providing a seamless patient and provider experience. The new system processed billions of transactions, reduced downtime, and decreased pended-claim inventory while delivering cost savings of 20%.
Modernize to compete today and build for the future
Health care modernization is imperative to address today’s challenges and prepare for the future. As the focus shifts from reactive disease treatment to promoting wellness, the current health care business model will necessarily evolve. Therefore, to enable agility, improve patient outcomes, and prepare for a wellness-driven future, the need to modernize legacy systems is critical. The time to modernize is now.
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Christine Medina
Application Modernization & Innovation Healthcare Leader
Marlin Metzger
Application Modernization & Innovation Offering Leader
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Looking for a way to future proof your organization with the right modernization strategy that aligns to your business objectives? Get in touch with our experienced team to discuss how modernizing legacy systems can help you boost revenue, drive innovation, and foster growth.
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