The healthcare landscape is experiencing a monumental shift, driven by the ever-growing sea of data. This data revolution isn’t just transforming patient care but also the very financial foundation of the industry. With 42% of healthcare leaders planning significant investments in data and analytics, according to a recent survey published by the Sage Report, it’s […]
The healthcare landscape is a swirling vortex of change, with regulations morphing faster than you can say HIPAA violation. New rules and amendments seem to materialize out of thin air, leaving hospital finance professionals constantly scrambling to keep up. This relentless regulatory churn creates a multitude of challenges: Franciscan Health Case Study: Leveraging Financial Data […]
Hospital finance professionals stand at a crossroads. As healthcare evolves, driven by technology, value-based care, and population health mandates. Traditional financial decision-making tools and strategies increasingly fall short. The good news? 2024 presents a treasure trove of emerging trends poised to revolutionize financial decision support systems (FDSS) and empower hospitals to navigate this shifting landscape […]
Harris Affinity Decision Support (ADS) has been a key financial source of truth for Franciscan Health, consistently providing trusted cost and profitability reports.In this compelling case study, we delve into the transformative journey of Franciscan Health as they leverage advanced decision support data to enhance and streamline their bundle payment system.
When healthcare spending is estimated to reach $6 trillion by 2027, it is vital that you evaluate your financial performance. For the success and survival of your hospital, it is imperative that you have an accurate costing system in order to improve decision making and financial performance with detailed, precise, and conclusive information. Patients today […]
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The article was featured in Thomson’s Cost Management Magazine.“Compelling Evidence For Activity-Based Costing (ABC) in Healthcare” provides important insights into the use of the Activity-Based costing (ABC) approach in healthcare settings. This is a valuable resource for healthcare professionals, administrators, and researchers interested in improving financial performance and resource allocation in healthcare. Download the full […]
The Harris Affinity (ADS) Solution was recently featured in Klas’s “Emerging Solutions Spotlight” report. In the Spotlight report, the Affinity Decision Support team received an “A” rating for “Quality of Implementation” and 100% of customer respondents reported that Harris avoids “nickel and diming”, keeps all of their promises and they would buy the solution again. […]