Rolling Forecasts, Scenario Models Inform 2021 Decision-Making
Hospitals and health systems are still working to understand the roller-coaster effects of the global pandemic, meet the needs of local markets, and chart a path forward.
Hospitals and health systems are still working to understand the roller-coaster effects of the global pandemic, meet the needs of local markets, and chart a path forward.
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Treasury Operations teams work hard to balance the growth potential of key financial resources — such as cash, credit, leverage, and invested assets — with their organization’s risk and financial health objectives.
Axiom™ Treasury Cash Management saves time and improves accuracy of daily cash monitoring to optimize working capital. It offers real-time cash and liquidity management with a secure web-based solution for end-to-end cash visibility and intuitive modeling and reporting tools.
CHICAGO – January 12, 2021 – As the COVID-19 pandemic sent shockwaves through North American healthcare systems last year, finance teams rose to the occasion, adopting new tools and processes for greater agility and flexibility in budgeting and forecasting. This key finding comes from Syntellis Performance Solutions’ newly published 2021 Healthcare Financial Trends Survey report.
CHICAGO – December 18, 2020 – Patient volumes at Skilled Nursing Facilities (SNFs) dropped by more than 36 percent in November 2020 year-over-year, accelerating from the more than 12 percent year-over-year drop in the May-October 2020 period, Syntellis Performance Solutions announced today.
Further, SNFs’ Spending per Patient Day rose sharply during the first months of the pandemic and has steadily increased. By November 2020, year-over-year spending per equivalent patient day in SNFs was 25.57 percent higher.
When James Hackett led office furniture manufacturer Steelcase, he formulated a simple framework for leadership that encompasses the now, the near, and the far. Imagine a target with “now” in the center, “near” in the next circle, and “far” in the outer ring. He challenged his staff to consider how much of their time was being spent in each ring and whether that mix was correct.
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