CHICAGO – July 9, 2020 – Syntellis Performance Solutions, the leading provider of enterprise performance management (EPM) software, data, and analytics solutions, announced today that Baptist Health Care, based in Pensacola, Fla., has added the Syntellis Axiom Rolling Forecasting module, expanding their existing partnership with Syntellis. Baptist Health Care will use the new capabilities to improve agility amid the unprecedented financial challenges caused by the COVID-19 pandemic.
CHICAGO – July 14, 2020 – Syntellis Performance Solutions, a leading provider of enterprise performance management (EPM) software, data, and analytics solutions, has been ranked by Black Book Research as the top overall Healthcare Analytics Solutions vendor in the recent Benchmarking & Comparative Analytics Software rankings.
Tools to model the future and analyze results
Optimize financial, clinical, and operational performance
Estimate net revenue by patient and manage contracts, claims, and payments
Identify care variation to eliminate performance gaps
Drive action with data and analytics that gauge financial performance
Model, evaluate, and prioritize strategic initiatives
Utilize best-practice financial planning approaches to streamline planning processes and plan for the future. Our software helps hospitals, health systems, and physician practices take action and ensure financial success.
Prepare for the future, quantifying the impact of changing market conditions and supporting new initiatives
Support a structured, disciplined approach to capital management and allocation
Streamline budgeting process and integrate financial plans using methods designed for healthcare
Create compelling and interactive dashboards, scorecards, reports, and data visualizations that focus your attention on the areas that need it most
Accurately predict future financial results based upon to-date performance
Drive performance and decision-making with a single, trusted source of financial and clinical performance measures
Data-driven decision support with insightful views of volume, cost, and profitability measures
Next generation cost accounting with sophisticated cost assignment methods provide transparency into performance across patient populations and service lines
Leaders no longer have to rely on manual processes or compiled spreadsheets, with Axiom Intelligence, organizations can analyze and visualize financial and operational data to identify and highlight trends, variances, and improvement opportunities. Axiom Intelligence brings data together with advanced reporting and visualizations, providing a powerful, web-based, intuitive reporting environment that supports dashboards, ad hoc reports, and spreadsheet views — all within an easy-to-use interface. Axiom Intelligence supports a breadth of reporting needs, from department variance analyses to Board packages and everything in between.
Use internal and external financial, labor, and utilization comparisons in near real time to pinpoint financial performance improvement opportunities. External comparison data is refreshed monthly, offering healthcare providers the industry’s most timely access to current financial analytics.
Streamline the process of identifying, prioritizing, and approving new strategic initiatives. Key stakeholders can easily collaborate on the business issue, define the corrective course of action, quantify human and capital resources needed, and provide a forward-looking view of expected business benefits and impact.
Meet a few of our 50 healthcare focused team members
Realize the full value of your investment. We'll get you started with our proven methodology for success.
Our team of healthcare consultants are all former finance professionals at top-tier hospitals and health systems. They were hand-picked for their expertise in their role.
We’ll challenge your organization to think differently, but you won’t be alone. From implementation to go-live and beyond, our consultants will help you gain the most from your Axiom Software investment. With a 100% implementation success rate, you'll be set up for long-term success.
System Information
Automated Data Integration
Includes a robust, highly configurable data connector that can be set up to connect to a variety of data sources in a matter of minutes - like Epic. You can select the frequency of automatic synchronization. Our open integration ensures that you can connect to virtually any data source for clean, trusted data.
Security & Compliance
Our full healthcare FP&A suite includes:
Service Line Planning
Use encounter data to model changes
Rolling Forecasting
Predict quarterly finances based on up-to-date assumptions
Operational Budgeting
Use best practices to streamline budgeting processes
Health Plan Budgeting
View your health plan’s impact on organizational results
Long-Range Financial Planning
Model the impact of various scenarios to your finances
Treasury Cash Management
Maximize your working capital with better cash visibility
Performance Reporting
Choose the format right for your stakeholders
Capital Planning and Tracking
Allocate and manage your capital projects more efficiently
Increase the accuracy of your projected budget, forecast or financial plan by leveraging detailed encounter data to model changes in actual service and payer mix, expected reimbursement rates, and length of stay. Axiom Service Line Planning helps keep your plans in sync using consistent assumptions to provide holistic short- and long-term outlooks that support informed decisions. Improve efficiency by eliminating the manual input of data from source systems with a direct integration from Axiom Enterprise Decision Support.
Utilize best-practice budget methodologies to streamline budgeting processes, enhance efficiency, and highlight variances. Axiom Budgeting seamlessly integrates data from the general ledger, patient systems, clinical detail, human resources, and other systems.
Axiom Intelligence includes reporting tools that 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.
Complement or replace your annual budgeting process with more efficient and accurate rolling forecasting. Axiom Rolling Forecasting integrates rolling forecasts with long-term financial plans and operational budgets to support strategic and tactical planning success.
Assess the viability of initiatives and pinpoint incremental volume, revenue, cost, debt, and capital structure implications. Axiom Financial Planning links your organization’s strategic mission and vision with measurable financial objectives. Save time by using historical and proposed budgets and forecasts as the basis for your long-range financial plan.
Axiom Capital Planning & Tracking helps hospitals and health systems govern capital projects throughout the project lifecycle with an easy-to-use workflow tailored to your organization and visibility into the financial outcomes associated with capital investments. Access to capital cost and spend benchmarks from hospitals nationwide help you more accurately estimate capital project impact.
Get a holistic view of finances and streamline budgeting tasks across your healthcare enterprise with budgeting functionality designed specifically for your provider-sponsored health plan. 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.
Managing cash and liquidity in real-time gives organizations the flexibility to maximize working capital. Syntellis’ Axiom™ Treasury Cash Management provides end-to-end cash visibility using modeling and reporting tools that improve:
Accuracy by replacing manual spreadsheet maintenance with automation to eliminate error-prone processes and prevent single points of failure
Efficiency by incorporating bank connectivity to view all accounts from one location
Transparency because better visibility helps guide funds reallocation to higher-yielding accounts
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