Long-Range Financial Planning
Develop Multi-Year Financial Plans
Our financial planning software provides finance professionals the tools they need to assess the viability of initiatives and pinpoint incremental volume, revenue, cost, debt, and capital structure implications.
Link your organization’s strategic mission and vision with measurable financial objectives
Model the impacts of proposed initiatives and scenarios on financial and operational performance
Save time by using historical and proposed budgets and forecasts as the basis for your long-range financial plan
Create Efficient, Accurate and Transparent Budgets
Utilize best-practice budget methodologies to streamline budgeting processes, enhance efficiency, and highlight variances. It's a solid mechanism for hospitals, health systems, and physician practices to take action and hold organizational leaders accountable for results.
Capital Planning & Tracking
Prioritize Near-Term Needs and Long-Term Objectives
Use a more structured and disciplined approach to allocate and manage capital. Our software provides consistency, objectivity, and visibility into the entire capital management process.
Determine the right capital investment to support growth and effective care delivery
Prioritize capital requests based on impact to the organization and alignment with goals
Monitor capital projects, providing visibility into progress and variance against the budget
"We've designed reports specifically built to the way our management team has asked to see the data. And we've created tracking formats and report formats that can be used at any level of management."
Manager of Budgeting and Reporting
Transform Information into Action
Our reporting tools provide your executives and managers timely access to the financial and management reports and dashboards they require in one trusted source. Highly flexible and configurable formats help you summarize and easily identify trends and variances in the formats most suited to your key stakeholders.
Establish an Efficient and Repeatable Forecasting Process
Complement or replace your annual budgeting process with more efficient and accurate rolling forecasting. Our software integrates rolling forecasts with long-term financial plans and operational budgets to support strategic and tactical planning success.
Flexible forecasting methods can be applied at any level in the organization, with comparisons to established targets and key performance indicators.
HEALTH PLAN BUDGETING
Integrate budgets from Provider-sponsored Health Plans
If your organization offers a provider-sponsored health plan, Axiom Budgeting provides specific health plan budgeting capabilities to provide a holistic view of finances and streamline budgeting tasks across your healthcare enterprise.
Axiom Budgeting for Health Plans uses a per member per month (PMPM) approach to forecast members, revenues and expenses for your sponsored insurance products. Efficiently project your margin across various scenarios considering covered lives, revenues, and expected expense ratios. You can track and plan the profitability of each insurance product, as well as view real-time results of the health plan’s impact to your overall organizational results.
Integrated budgeting planning, processes, and reporting across your health system and its sponsored health plan improves efficiency, visibility, and accuracy as information is automatically rolled up to be calculated and reported in Axiom.
Discover the Axiom Difference
Strengthen your ability to compete in a changing marketplace with industry-leading software
that solves enterprise planning challenges for healthcare
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