Using NetSuite in Your MedSpa Business

Are you ready? It’s time to say hello to Oracle NetSuite’s new groundbreaking solution — NetSuite Medspa Integration and MedSpa Business Management — designed to help MedSpa business’s boost operation efficiency and guarantee HIPAA compliance for healthcare organizations! 

SuiteSuccess (Healthcare Edition)

The new NetSuite SuiteSuccess Healthcare Edition authorizes healthcare providers to support the newest advancements in Cloud ERP computing and artificial intelligence (AI) to run their businesses, improve decision-making, adapt deeper insights, leverage resource allocation, and, of course, enhance patient care. 

 

This detailed approach not only addresses the operational difficulties healthcare is usually faced with but also supports other businesses in directing the continuous development of regulations and patient expectations. 

Game-changing Features

The SuiteSuccess Healthcare Edition involves specialized features for MedSpa operations, which all but ensures a strong NeSuite MedSpa integration. Some new features are geared toward streamlining critical processes tailored to MedSpas, such as handling inventory, patient management, and scheduling appointments. With the integration of Cloud ERP for MedSpa, healthcare providers can be in charge of MedSpa operations with exceptional efficiency and accuracy, gaining from a unified system that provides live insights. This integration helps support MedSpa business management from every foundational level. 

 

Evan Goldberg, founder and executive vice president of Oracle NetSuite stated, "Healthcare stands as one of the most critical and complex industries globally. Oracle is committed to revolutionizing this sector by simplifying processes and improving patient experiences,” he continued, “ "NetSuite's integrated cloud system allows healthcare organizations to automate and streamline their processes, make more informed decisions, and cut costs while maintaining HIPAA compliance. This efficiency lets these organizations do more with less, allowing frontline workers to concentrate on delivering exceptional patient care."

 

NetSuite SuiteSuccess Healthcare Edition is a detailed solution to a big problem that the healthcare industry has continued to face. Its processes support business owners looking for detailed reports and a better handle on KPIs (key performance indicators), role-based dashboards, and workflows. This edition is designed to improve MedSpa's operational efficiency, support security and compliance, and expedite time to value. 

Detailed Breakdown

The SuiteSucces Healthcare Edition is packed with MedSpa-focused features. Here’s a breakdown and summarized version of everything you can expect to find:

Financial Management and Reporting

Automates and processes transactions, receivables, payables, and purchasing controls while accelerating reports. This will improve decision-making, operational efficiency, and resource granting. 

Inventory Management

Provides real-time visibility into inventory levels, including medications and medical supplies, across all locations. This across-the-board view helps businesses lower costs and lessen delays by prioritizing reorder processes. 

Asset and Lease Management

Make smooth and accurate management of assets and leases for ambulances, facilities, and medical devices. Features specific detailed asset reporting and combines seamlessly with Oracle NetSuite’s accounting software.

 

Compliance and Security 

Handles access to ePHI (electronic protected health information) with multi-factor authentication, password regulations, and role-based controls. This enhances the privacy of patient information while streamlining business processes. 

User Activity Auditing

Monitors access to ePHI with Oracle NetSuite, including tracking user activity and interaction with patient information. 

 

Merlan Powell, vice president of finance at Coastal Care Partners stated, “To redefine how aging adults in our community receive healthcare, we needed an integrated system that could offer personalized care,” he continued “NetSuite provides us with a comprehensive view of our operations, enabling us to streamline processes and improve decision-making. With its robust capabilities and HIPAA compliance support, we can better safeguard patient information and ensure top-tier care."

Ready for more support?

Oracle NetSuite SuiteSuccess Healthcare Edition is now available in North America. So if you’re ready to take advantage of the ease and efficiency the SuiteSuccess Healthcare Edition can bring to your MedSpa business, then reach out to our team here at Ekwani Consulting.

 

For the past 25 years, NetSuite has been at the head of helping businesses grow, scale, and adjust – and we’re ready to help you experience that.