Harris Affinity Announces Addition of Nikhil Bhatia as Vice President of Research and Development
Bhatia brings strong product strategy and development experience to lead Harris Affinity Development Team Wakefield, MA, November 1, 2021 – Harris Affinity (Affinity), a worldwide provider of software solutions to help healthcare organizations optimize the financial potential of their facilities and services, today announced Nikhil Bhatia has been appointed Vice President of Research Development. “I’m […]
Trending and Seasonality Based Budgeting
Is the strategic financial planning process for your healthcare organization based in reality? Do your plans support high quality clinical outcomes, positive patient satisfaction scores and financial growth? To confidently answer yes to these questions, trending and seasonality-based budgeting must be a part of your healthcare organization’s strategic planning process. What is Seasonality? Seasonality is […]
Leveraging Automation to Increase Operational Efficiency
In today’s financial reporting environment for healthcare organizations, we are all being asked to do more on a daily basis. Performing routine repetitive tasks to calculate contracts, perform costing analysis, and running routine reports all takes time. Time we often need to devote to other things, that we just never seem to be able to […]
Does Your Financial Plan Support the Way You Manage Your Organization’s Critical Decision Making?
In order to adapt to the ever-changing Healthcare landscape, it is important that we periodically review and assess the applicability of your organizational approach to capturing and analyzing the critical insights needed to guide your financial and clinical decision making. In this article, we will focus on the measures that Healthcare providers are taking to […]
Harris Affinity Announces Release of Budgeting and Planning Reimagined
Latest solution extends Harris Affinity’s financial product offering to healthcare industry Wakefield, MA, August 30, 2021 – Harris Affinity (Affinity) announces the launch of Budgeting and Planning Reimagined (BPR). The latest product release focuses on expediting hospital and healthcare providers’ operating budget planning processes while building more accurate forecast scenarios using actual cost data. BPR […]
5 Ways a Software Solution Can Help Your Budgeting Process
The hospital Budgeting and Financial Planning process has changed. The resource-intense annual budgeting process, while perhaps still a requirement for most organizations, becomes invalid within the first quarter of the year. The pandemic has only exacerbated this disconnect between the annual budget and reality. Non-profit hospital operating margins decreased by almost 75% in 2020 per […]
Jay Adams Appointed Executive Vice President of Harris Affinity
Adams transitions from role at Picis Clinical Solutions, Inc. to lead Harris Affinity Team Wakefield, MA, August 9, 2021 – Harris Affinity (Affinity) is pleased to announce the appointment of Jay Adams as the new Executive Vice President. A senior business and technology leader with more than 13 years of client-facing experience delivering professional services, […]
The Key to Effective Labor Cost Management for Hospital CFOs
In the fifth installment of our “10 in 12” series, we examine how, through labor cost management, hospitals can accomplish a 10% strategic reduction of operating cost over a period of 12 months. Labor cost is the single largest portion of total operating expenses for hospitals and acute-care clinics. Hospital CFOs must be able to […]
