Clik here to view.
Healthcare EPM: Creating Visibility & Accountability
HEALTHCARE PERFORMANCE MANAGEMENT: A POWERFUL TOOL TO CREATE VISIBILITY AND ACCOUNTABILITY THROUGHOUT THE ORGANIZATION Healthcare enterprise performance management (EPM) is a technology-enabled...
View ArticleClik here to view.
6 Healthcare EPM Trends: #1. Data-Driven Decision Making
TREND #1. DATA-DRIVEN DECISION MAKING: BUILDING A PARTNERSHIP BETWEEN CLINICAL AND FINANCIAL LEADERS Performance management is a series of business processes to correlate financial and operational...
View ArticleClik here to view.
6 Healthcare EPM Trends: #2 Budgets
TREND #2: BUDGETS: DAILY, WEEKLY, MONTHLY, ANNUALLY OR CONTINUALLY? Historically, budgets were compiled once per year (if that often) and variance analysis was a monthly activity. Hospitals started...
View ArticleClik here to view.
6 Healthcare EPM Trends: #3 De-Mystifying the Budget Process
TREND #3: DE-MYSTIFYING THE BUDGET PROCESS: PERFORMANCE MANAGEMENT LEADS TO PERFORMANCE IMPROVEMENT Budgets have traditionally been an aggregation of numbers molded into a financial statement to...
View ArticleClik here to view.
6 Healthcare EPM Trends: #4 Financial Transparency
TREND #4: FINANCIAL TRANSPARENCY: MODERNIZE YOUR DECISION-SUPPORT SYSTEM As the healthcare industry moves toward value-based payment models and population health management, the need to innovate is...
View ArticleClik here to view.
6 Healthcare EPM Trends: #5 Value of Care
TREND #5: VALUE OF CARE: THE SECRET SAUCE Costing is an evolutionary process that begins with one type of procedure, one clinic, or one service line, or perhaps with a hybrid costing methodology. The...
View ArticleClik here to view.
6 Healthcare EPM Trends: #6 Innovation in the Cloud
TREND #6: INNOVATION: MOVEMENT TO THE CLOUD Enterprise performance management solutions are in a period of rapid transformation to the cloud. According to Gartner, the issues driving CFOs to consider...
View ArticleClik here to view.
Infographic: 6 Healthcare Performance Management Trends
Healthcare enterprise performance management (EPM) creates visibility and accountability throughout the organization to identify financial performance gaps continuously, and quickly change course when...
View ArticleVIDEO: 6 Healthcare Performance Management Trends
Healthcare organizations have an increased focus on operational performance. Healthcare Enterprise Performance Management (EPM) creates visibility and accountability throughout the organization to...
View ArticleClik here to view.
Hospital Labor Productivity: Squeezing the Turnip?
Assembling the vast amounts of data in healthcare is both a technical and political challenge. I’ve worked at or with multiple hospitals where the finance and clinical teams never really collaborate...
View Article