This article in the June issue of hfm magazine describes a systemwide assessment performed by one health system in preparation for comprehensive strategic cost transformation.

Use of advanced techniques and tools with the right capabilities can help executives track and balance interdependent priorities—all while managing costs and optimizing care quality. This article describes how to effectively convert strategy to actionable and sustainable operational initiatives.

Guest blog written by: Mark Hutchinson, Vice President and Director of Financial Planning and Analysis at STAR Financial Bank This is the third and final blog in our series on Incentive...

Learn what makes strategy execution so challenging, and how to leverage process and software to help overcome these challenges.

Syntellis’ Axiom Higher Education Suite provides sophisticated, industry-specific software that supports institutional planning and reporting. Learn more!

(Part 2 of a 3-part blog series) In this follow-up blog, I explore how to better identify individual customer value—first by measuring the contribution of each customer to overall institution profitability, and then by assessing the full scope of each customer’s influence.

Study finds growing sophistication in measurement and control—and more need. But some basics keep on rolling

Healthcare leaders can leverage a Results Management Office to drive accountability, transparency, responsibility, and results.

Axiom Tuition Revenue Planning, built by higher education experts with real-world experience, enables higher education leaders to align student and financial data. Learn more!

Every college and university has a portfolio of financial risks and resources which its leaders seek to deploy in a manner that balances the pursuit of growth against a set of...

(Part 3 of a 3-part blog series) Preparations for the 2018 budgeting process are underway in financial institutions. Few people relish the experience, which is often characterized by long hours and vast differences between the future financial performance executive stakeholders want and what management can deliver. Aligning strategic plans with tactical plans and associated budgets often does not occur or the linkages among these pieces are weak.

Since the financial crisis, the banking industry as a whole has been reporting record profits for several quarters, at least in terms of dollar figures. Unfortunately more meaningful measures of bank profitability–such as average return on equity, average return on assets, and net interest margin–have remained depressed or stagnant.