Healthcare organizations are facing uncertain times, which are putting enormous strains on their revenue cycle management (RCM). Automation is proven to improve RCM measures, and even small improvements can significantly impact the bottom line. This whitepaper details how providers can embrace automation to help drive financial performance.
Children’s Mercy is not only one of the nation’s top pediatric medical centers, they have a strategy that improves organizational profitability in the face of constant change – all while delivering world-class care for their patients. Children’s Mercy accomplished what many have tried: integrating hospital and ambulatory revenue cycle activities with complete integration of all processes on a single IT platform.
Sharp is leading the way in the shift to shared risk. In this journey, they manage to the right financial metrics while still delivering appropriate care to their patient population. Watch the video to learn how GE Healthcare is helping Sharp make a difference.
The shift to value-based reimbursement (VBR) entails more financial risk for providers. Successful management of the transition to VBR can only be achieved when healthcare organizations are clinically and financially integrated to ensure tight care coordination and efficient resource utilization. That level of integration requires the aid of a robust IT infrastructure to support the enterprise. This whitepaper offers the opportunity to learn about new tools for healthcare providers to manage financial challenges associated with value-based reimbursement
This paper will explore some of the market dynamics driving the financial volatility in healthcare and will explore how advanced analytics, with the right IT backbone and organizational competencies, can help organizations successfully identify ways to manage revenue cycle profitability.
Published By: Prophix
Published Date: May 31, 2016
Why is faster closing important? A faster close is a good indication of how well a company’s financial systems and procedures are performing. In today’s competitive market, the accounting function needs to improve existing processes and, at times, infrastructure to achieve greater efficiency and accuracy. When properly implemented, sound financial processes will improve information and deliver accurate data to decision makers throughout the entire year, and early enough to take corrective action.
Published By: Anaplan
Published Date: Mar 05, 2015
Financial consolidation systems are the ‘engine room’ of the corporate finance department, enabling companies of all sizes to comply with regulatory reporting requirements, company law and global accounting standards as well satisfy management’s need for periodic management reporting.
But all is not well with standalone consolidations applications that were developed in the 1990’s and which are still commonplace in some of the world’s largest multinationals.
According to one recent report, 47 percent of companies have made substantial investments in the last year in their financial close, filing, and reporting. Yet, despite the considerable sums
of money invested in the process, management teams across the globe remain dissatisfied with the quality and timeliness of management information.
Published By: Workday
Published Date: Apr 07, 2016
As a government leader and decision-maker, you don’t need to be an expert on your government’s finances, but you do need to have your own opinion. You also need to be able to speak confidently about your government’s overall financial health.
That’s where the Governing Guide to Financial Literacy, Volume 2 comes in. Written primarily by Justin Marlowe, associate professor in the UW Evans School for Public Affairs, it includes everything from an overview of accounting concepts to what steps you can take to improve your jurisdiction’s financial health.
Don’t miss this opportunity to grow your knowledge base around public finance!
In the last few years, the demands on the finance department—from real-time reporting to global consolidation—have increased significantly. At the same time, the choices for accounting and financial software have become much more complex. How do you begin to research, evaluate, and select the right software for your business?
Download the 2015 Buyer's Guide to Accounting and Financial Software and discover:
• Why most financial software systems hinder your ability to get good financial information
• The six key questions you need to ask before considering a move to a cloud-based financial solution
• Why the process for evaluating software is different for cloud solutions – and the seven SLA must-haves you should get in writing
Get all the facts for a successful buying journey!
If you need better reporting, more automation, tighter internal controls, and greater visibility into your operations, it may be time to switch to a new accounting system.
If you're like most small businesses, you've been using QuickBooks to manage your company's financials. It's well known. It's easy. It works. And it offers the functionality a business needs when it's starting out.
But if your business has moved beyond the entry level, you may find you're doing more outside of QuickBooks—which is affecting your organization's productivity.
If you need better reporting, more automation, tighter internal controls, and greater visibility into your operations, it may be time to switch to a new accounting system. How can you be sure?
Discover why now's the time to graduate to a new financial management and accounting system.
Is your accounting software holding you back?
Maybe it's time to trade in your aging infrastructure and embrace a new generation of cloud-based financial systems that streamline your processes, improve productivity, and generate greater insights and visibility.
As you embark on a challenging evaluation cycle, download our free and concise eBook: "Best Practices for Choosing the Right Accounting Software: Achieving Best-in-Class Financial Management."
Like it or not, the accounting function is in the news distribution business.
The demand for financial performance information is high and the pressure for more timely information is even higher. A fast close improves the timeliness of information, aids decision making and is a value-enhancing proposition for the business. To continue adding value, the CFO and controller must find ways to speed up their financial close processes and report financial results before they become old news.
Download this white paper and learn the "7 Steps to a Faster, Better Close" including how to:
• Identify the hidden traps and pitfalls bogging down your accounting processes
• Drive process improvement and collaboration within your organization
• Gain visibility and timely access to critical financial and operational information through application integration
• Utilize modern accounting technology to accelerate your close with automation
Accountants typically spend a great deal of time in the compilation of ?nancial statements for compliance purposes and for
measuring the historical performance of a company. However, all of the data in the balance sheet and income statement is
generated from historical information in the accounting system.
To be useful in helping to improve the ?nancial performance of a company, the raw ?nancial data needs to be distilled into
useful information so that it can be used in making strategic decisions.
Mobile printing provides a series of quality improvements and timesaving benefits that are often overlooked in route automation, but can have a significant impact on the bottom line. This white paper will: • Describe uses for mobile printing in route accounting applications;
•Provide return on investment calculation tools to measure the financial impact mobile printing can have; • Demonstrate how mobile printing processes can improve billing, distribution, and customer service operations; • Detail how on-demand thermal printing can reduce forms expenses; • Provide an overview of mobile printer and wireless communications options for route accounting systems. Read on to see how your route delivery and sales staff can make more stops and fewer errors each day by using mobile printing to support their work.
Download this white paper to understand how these changes create a need for new processes and systems to achieve compliance and drive the need for new and broader skills within financial and real estate personnel.
The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are jointly working on a replacement for the current lease accounting standards. The paper discusses how to create an action plan to prepare for this replacement.