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Integrated Financial Planning
How do you meet organizational objectives amidst shifting variables and competing demands?
Given the high level of uncertainty and changes anticipated with the New Era, integrated financial planning is more important than ever.
Health care providers are under intense pressure to simultaneously respond to a host of potentially expensive strategies related to physicians, facilities, service distribution, information technology, and other capital investments. At the same time, operating costs will continue to increase, revenue growth from all payors is likely to be slowed, and demand for services will be uncertain.
Executives require tools that can help them manage these shifting variables and competing demands across the entire enterprise and maintain the integrity of their financial plan.
Gain Power to Conduct Complx Planning in a High Risk Environment
Designed to meet more complex planning needs in a higher-risk environment, the new version of Kaufman Hall’s Hospital Advisor—Hospital Advisor Enterprise Edition—is exactly the tool that executives require. More than 400 hospitals of all types and sizes currently license the software, and upgrades to the new version continue at a brisk pace.
Hospital Advisor Enterprise Edition provides hospitals and health systems with the power to:
- Run sophisticated scenarios related to reimbursement, volume, expenses, new debt, capital spending, capital structure, and much more
- Develop projections at the level required for your financial planning and analytic requirements
- Produce board-ready reports, graphs and Powerpoint slides to effectively communicate the financial and capital plan
“The speed with which we can change assumptions in models in one or more hospitals and consolidate the models at a system-wide level— feasible within minutes—has positively impacted our planning process.”
—Brian Sturm, Director of Financial and Capital Planning, University of Maryland Medical System
In addition to providing a big picture view of where the organization is headed, the software helps to educate finance staff about service lines and the financial impacts of various strategic changes. Through its ability to model at virtually any level, Hospital Advisor Enterprise Edition enhances the probability of meeting your operating targets.
