Some days we are so deep in what we are doing that we lose sight of the basics. I was recently engaged in a conversation with the President of a consulting company who reminded me of one of the most basic tenets of Finance. He took time to remind me that for every dollar you
Read More...Several weeks ago, I briefly touched on the topic of EC6.10 and 6.20. In case you can’t recall, both are pronouncements issued by the Joint Commission (JCAHO) that define the standards for dealing with preventive maintenance of medical equipment. If you work in healthcare, it is quite likely you have a preliminary understanding of some
Read More...Years ago, a man named Pythagoras discovered some amazing things about proving the congruency of triangles. Obviously there were no good ball games on, so he set out to prove that two triangles were of equal size and shape. Interesting theory, especially since laying them on top of each other might not work. The end
Read More...As a hostage, it was treated pretty well. No blindfold. No tied hands or leg shackles. Not even a dank dark room devoid of furniture. In fact, it sat in its usual place – climate controlled, bright lighting and a caring parent by it’s side. But, it was still a hostage and the ransom was
Read More...Ethics – in today’s disjointed, disconnected world, they are still important. The lines between right and wrong have never been black and white, yet they have never been as clouded as they are today. Politics in Washington is polarizing the country. Facebook, Twitter and other social media are turning both controversial statements as well as
Read More...I have spent 25 years in the software implementation business. I have two principles for success that I’ve told each of my clients: Trial and error is not an implementation strategy, and Don’t do a terrific job customizing the new software to work the way your old software does. If you can follow these, you
Read More...The challenge of “preventive maintenance” is complicated in the healthcare market and one of the elements that was made clear to me at Interact 2012 was the distinction in healthcare between the maintenance crews for facilities (buildings and grounds) and the biomed machinery. Folks we spoke to talked about the segregation between crews that have their
Read More...We’ve talked about the maintenance and operational challenges associated with successfully running a large and complex healthcare organization/facility, and we’ve talked about the exciting potential of Asset Lifecycle Management (ALM) strategies and powerful programs like PeopleSoft ALM. “But what’s the big deal?” you might ask, “How much of a difference can a fully-integrated ALM really
Read More...Stop me if you heard something similar before. Ready? Kentucky limits on debt issuance have hindered high-priority university construction/renovation projects. Detailing this is a great piece over at Inside Higher Ed, by Kevin Kiley. To wit: Even though the university would fund its new debt through non-state revenues, lawmakers in the Kentucky state legislature, which
Read More...In the late 90’s all of the buzz talk was around ERP, and understandably so. A lot of the buzz I hear today is about Business Intelligence (BI). There are probably a variety of reasons for this. Chief among them, in my experience, is the notion that ERP was pervasive in the 90’s because of
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