With the SAP BusinessObjects Planning and Consolidation for Healthcare application you can streamline planning, forecasting, and budgeting unified with financial consolidation and statutory and management reporting for your entire enterprise.
SAP BusinessObjects Planning and Consolidation for Healthcare includes comprehensive functionality that can enable:
- An integrated data model – The application is built on an integrated data model that unites financial and patient-centric data for more accurate planning. You can leverage data from the general ledger, and import additional data from sources such as HR, payroll, and patient records for modeling purposes. As a result, you can create projections of patient volume and rate changes, which can be made across business scenarios.
- Department-level planning – Engage department managers in planning – and improve buy-in among them – by providing specific, intuitive models and templates unique to the planning requirements of your routine, ancillary, and administrative departments.
- Reimbursement modeling – Project reimbursements across patient types and financial classes using data from patient-centric sources. The software leverages a shared set of planning assumptions to provide global projections for growth across service-line and payer categories. The resulting values and assumptions are automatically integrated into your overall budget – increasing the efficiency and accuracy of planning processes.
- Budget administration and management – Produce financial and operational reporting and analysis, including both management reporting and multidimensional analysis.
- Business consolidation – Leverage a centralized data repository containing up-to-date actuals from your operational systems, so you can use harmonized accounts to shave weeks off your consolidation processes, improve the transparency of your financial statements, and support compliance and regulatory requirements.
SAP BusinessObjects Planning and Consolidation for Healthcare can empower your organization to reduce the time it takes to create and approve budgets, enable calculated decision making, increase user productivity with minimal training, and reduce business and compliance risk. So you can continue to find innovative ways to meet the critical needs of your patients.
For a personalized demonstration, pricing or additional information, contact us today.
