Rolling Forecasting

Shift to An Agile Hospital Planning Process

In hospitals across the U.S., thousands of hours are spent each year creating a budget that is typically tens of millions of dollars off the mark and cast aside almost as soon as it is submitted.

As the leading hospital planning software, StrataJazz® helps organizations shift to a more advanced, agile process, using financial planning methods like the rolling forecast. Assess how receding volumes, new payment models, and increasing costs will impact your profitability. Proactively respond to change and identify improvement opportunities, with access to more timely and accurate monthly projections and financial performance statistics.

Use a rolling forecast to respond to change

StrataJazz assesses how receding volumes, new payment models, and increasing costs will impact your profitability. Proactively respond to change and identify improvement opportunities, with access to more timely and accurate monthly projections and financial performance statistics.

See How this Integrates into the StrataJazz Platform chevron_right
: Quickly Respond to Opportunities and Risks

Leverage a library of forecasting algorithms to drive your baseline plan, so you can spend your time modeling and analyzing new opportunities and risks.

: Plan in Days, Not Months

Update the forecast in days, whether on a monthly, quarterly or as needed basis with streamlined rolling forecast models.

: Improve Accuracy

Improve your organization’s planning over time by providing automated lookback analyses to identify the most accurate methodologies.

Rolling Forecasting Impacts

Leveraging Rolling Forecasting has helped organizations

Free up 20,000 hours of executive leadership’s time

Reduce time spent on budget by 75%

Save $1M on overall budgeting efforts

Organizations in the Strata Network Leveraging Rolling Forecasting:

Their Stories on The Impact of Rolling Forecasting

The flexibility it gives you in the uncertainty of healthcare… having the tools in place that you also can engage users and empower all of your employees to make a difference, that’s a huge win. – John Muir, Chief Financial Officer
Our resources in healthcare are not scarce, but they are not unlimited. Our role as finance leaders is to be able to ensure that our organizations are able to continue long into the future. – Jennifer Ulrich, Director of Financial Planning & Management Reporting

Resources

Switch to Dynamic Planning Reduces Annual Budget Cycle by 75%

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Piloting for Success: A Case Study in Advanced Planning at a Multi-Site Health System

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Six Lessons from Moving from a Traditional Budget to Advanced Planning

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