Explore the benefits of an industry-leading enterprise performance management platform and learn how finance leaders at both Nicklaus Children’s Hospital and Appalachian Regional Healthcare modernized their processes and made better decisions using data and analytics.  

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In many healthcare organizations, the experience of managing through COVID-19 uncertainty has been a catalyst to reevaluate current planning tools and processes to improve planning efficiency and agility. In this session, we’ll highlight the planning trends that have emerged in our industry and examine what modern planning looks like in industries outside of healthcare to project what our future might look like.  
 

The average health system spends nearly 25% of its median expenses on corporate services, taken as a percent of net operating revenue.¹ As such a significant share of overall hospital expenses, health system leaders simply cannot afford to overlook corporate services when assessing how to lower hospital costs, as discussed in a recent Healthcare Financial Management Association (HFMA) webinar.