The Knowledge Management (KM) Depot

The Knowledge Management (KM) Depot: July 2010

Tuesday, July 20, 2010

Universities and Colleges Offer Healthcare Informatics Programs to Address Healthcare Reform

With the advent of healthcare reform and the move to digitize health records, streamline medical costs and enable better medical decisions, many universities across the country are offering certificate and degreed programs in healthcare (or medical) informatics. Healthcare Informatics incorporates information technology and healthcare to support clinical workflow, collect, organize, and secure health related data, information and knowledge. It also supports the growing knowledge base of physicians in order for them to make better decisions, reduce the costs of treatments, eliminate (severely cut) mistakes and improve overall patient care.

Some of the universities offering certificate and degreed programs (Bachelor and Masters) include, University of Illinois at Chicago, Walden University, Northwestern University, Knowledge Systems Institute and University of Maryland University College to name a few. There are literally over a hundred (100) universities and colleges offering these programs, check out for additional information on these schools. Many of these colleges offer on-line or web based courses, which offer a degree of flexibility for the medical professional that is likely to enroll in one of these programs.

A major objective of healthcare informatics is to formulate standards such as the Health Level Seven International (HL7) Standard, address HIPPA 5010/ICD-10 standard implementation and to provide protocols, procedures, and policies around informatics tools, techniques, and concepts. However, the challenge remains getting medical providers committed to what will be a widespread implementation of the information technology needed to support healthcare informatics. Although this challenge exists, our universities and colleges are already ramping up to meet this challenge. In an economy hurting for jobs, healthcare informatics will provide a future workforce to meet the challenges that healthcare reform brings. This newly equipped workforce will be a catalyst for Americans to realize the benefit of creating a standard and comprehensive healthcare system that will assist medical professionals in providing an overall effective and efficient as well as lower cost patient care experience for all us.

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Thursday, July 1, 2010

Leveraging KM for M&A Transactions - Part 3: Human Capital Management

People are at the core of Knowledge Management (KM). Mergers and Acquisitions thrive and survive on the strength of how corporate cultures and its people can be meshed together. A sound Human Capital Management strategy will be an integral part of an overall KM strategy to be leveraged in an M&A transaction. Understanding who are the critical knowledge holders and there relationships through Knowledge Mapping is the beginning of understanding roles, responsibilities and work products that the various employees perform throhghout the organization.
This understanding will lead to determining which positions and personnel perform duplicate functions, which will lead to knowing the employees that should be terminated (better yet receive a package and convinced to leave!). Not only do you have to determine which personnel perform duplicate functions, but also who is more valuable through his/her experience, education, and importance to the organization going forward. The Human Capital Management Strategy is also an investment in employee selection and development. This contributes to the organization meeting its goals and objectives of not only the merger but for the organization on an on going basis.
Another aspect to Human Capital Management that we must keep in mind is that it can be the catalyst to increased adaptability, enhanced worker performance and with the current economic climate, having the ability to do more with your existing personnel resources.

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