At Strata, we work with over 200 top health systems and 1,000 leading hospitals in the United States. We’ve gathered that network’s best lessons and processes into the Center of Excellence playbook, and now we are sharing these top plays to help you improve and refine your analytics, financial planning, and performance improvement strategies.
Register now to join us for these upcoming topics:
HFMA-Strata L7 Cost Accounting Adoption Model Overview
(CPE Credit: 1)
Tuesday, September 10, 2019 | 11 AM CDT
L7™ allows healthcare organizations to assess their current state relative to available costing methodologies and provides a road map for their strategic needs. This eight-stage model assesses organizations by measuring the adoption and utilization of advanced cost accounting methods, including capabilities like Time-Driven Costing™. As an organization moves up the model, they acquire more sophisticated costing processes and workflows and more meaningful output. Find out more about the model and what is required to reach each level and ascend to the next.
Center of Excellence: Adopt a Rolling Forecast and Moving to Beyond Budgeting
Thursday, September 12, 2019 | 11:30 AM CDT
Because the budget takes 4-6 months on average to complete, many healthcare organizations find that financial data is often outdated as soon as the plan is complete. By adopting a rolling forecast, you can easily identify emergent risks and quickly take action. Find out how a rolling forecast will provide your organization with a reliable model and appropriate cadence to your budgeting process.