Healthcare Finance Leaders Share Rolling Forecasting Best Practices
Learn more about how Axiom Rolling Forecasting clients are using the software to manage the financial ramifications of the COVID-19 pandemic.
The Uncertainty Challenge: Planning Your 2021 Budget
Most healthcare providers use traditional annual budgeting processes, but the significant impacts of COVID-19 have made current budgets virtually unusable and introduced tremendous uncertainty into future assumptions.
Amid so much uncertainty, healthcare finance professionals are asking why, how, and when to budget.
The 2021 budget planning process is unlike any other, requiring adjustments to align established financial planning targets down to an operational level and setting new performance improvement expectations.
Adjusting for COVID-19 Impacts in Your Budget
Expert tips for healthcare finance leaders plus guidance for users of Syntellis’ Axiom budgeting software. Learn our core recommendations.
Syntellis’ Axiom Decision Support and Cost Accounting Receives Top Black Book Ranking
Syntellis Performance Solutions announced today that Black Book Market Research LLC named Axiom Decision Support and Cost Accounting the No. 1 solution among its peers, far outperforming the competition.
Baptist Health Care Taps Syntellis Performance Solutions to Strengthen Rolling Forecasting, Expedite COVID-19 Recovery
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.
Syntellis’ Axiom Comparative Analytics Earns No. 1 Ranking in Black Book Research Survey
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.
How Can Organizations Create a Data-Driven Recovery Plan?
Leading healthcare organizations are crafting a COVID-19 recovery path that includes five key steps. Read the article to learn the steps.
Costing Strategies That Help Hospitals Quantify COVID-19 Impacts
Although hospitals and health systems in most areas have shifted into recovery mode following the first pandemic wave, cost accounting for COVID-19 continues as a moving target. Read more.
How Can Organizations Navigate Uncertainty and Manage Liquidity Impacts?
As business realities continue to evolve, finance teams need to quickly reforecast to understand potential financial impacts across a variety of scenarios. Read more.
May Data Show First Signs of Hospitals’ Financial Recovery
Hospitals and health systems across the country began to see signs of financial improvement in May following two brutal months of poor margin. Read more.