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Cloud FinOps (Financial Operations) provides a strategic approach to managing cloud expenses. There are four key principles of FinOps that healthcare payers can implement to optimize their cloud expenditures. By understanding and applying these strategies, organizations can not only control their cloud spending but also maximize the value derived from their cloud investments, ultimately enhancing their operational efficiency and improving their delivery of quality care and member experience. Unlock the secrets of cloud cost optimization. Read the full blog here: https://lnkd.in/edaYejJD

  • An infographic titled "4 Key Principles of Cloud FinOps for Healthcare Players" by eMIDS. It lists four main principles: 1. Budgeting and Forecasting with an icon of a graph and magnifying glass, emphasizing the need for a continuous loop of budgeting and reviewing. 2. Cost Optimization with dollar signs and a graph, advising to maximize business value by monitoring cost-performance ratio. 3. Proactive Governance featuring a shield and checkmark icons, suggesting to implement clear policies and thresholds to prevent budget overruns. 4. Financial Reassessment with a circular arrow around a dollar sign, guiding to adjust financial strategies and align with business needs. The background is blue with white and yellow text and icons.

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