Legacy Organizations Face Serious Revenue and Cost Pressures
For many of the organizations we serve, costs are rising faster than revenue, while new capabilities require big investments. Executives are looking hard for new approaches to performance management, budgeting, and integrated strategic-financial planning.
Organizations need to plan and monitor performance across multiple dimensions, including financial health, strategic growth, service line performance, operational efficiency, clinician/employee engagement, talent, consumerism, innovation, and others.
Learn about the state of financial performance management
what You Need
Aspirational Strategies Need a First-Class Strategic-Financial Plan
Develop a disciplined financial plan; we wrote the book on strategic-financial and capital planning.
Create a holistic approach to managing costs—from labor to service deployment—while improving systems and processes.
Treasury & Capital
Access capital resources, enhance treasury operations, and manage your portfolio of debt, swaps, and leases.
Use our Hospital Flash Reports to benchmark profitability, volume, revenue, and expense; and monitor economic indicators.
Improve performance by monitoring key performance indicators, trends, rankings, relative contributions, variances, outliers, and alerts.
Ensure that you have trusted cost information that can be organized and analyzed to support sound decisions.
Start improving financial performance today
Hear Andrew Rickli, Business Intelligence Analyst for Valley Health System in Winchester, VA, discuss the value that the organization receives from the Axiom Healthcare suite. Watch now!
Stage 1 institutions rely on one-off reports and Microsoft Excel, and have little to no data integration to provide a quantitative framework for decision making. Download this checklist to learn how we can help you transition to Stage 2.