Posts Tagged ‘Budgeting and Planning’

Oracle’s EPM Cloud Operations Guide is a must-have document for Oracle cloud EPM customers. This guide provides procedures to address many of the most common challenges encountered by customers. Whether it’s performance enhancements, security settings, compatibility questions, etc. – the guide contains instructions for addressing these challenges. No longer do EPM cloud customers have to […]

In a time of rapid market changes, increasing costs, and rising patient expectations, healthcare organizations need to rethink their approach to business operations – including budgeting and revenue forecasting – in order to achieve their strategic goals. University of Texas MD Anderson Cancer Center (MDACC) is transforming a traditional annual operating budget process to a […]

About EPM Automate EPM Automate Utility enables Service Administrators to automate many repeatable tasks,  including the following: Import and export metadata, data, artifact and application snapshots, templates, and Data Management mappings Upload files into environments, list files, and delete files from the service Download snapshots, reports, and metadata and data files from the service Run business rules on data, and […]

Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc., a legacy Oracle Hyperion Planning customer, needed to refine its finance and labor planning models, as well as provide end users a platform that was simpler and more intuitive to use, and that provided a real-time look into their budgeted bottom line throughout the […]

I think most healthcare entities are now moving to a more frequent budget cycle and if academic, they probably have to do a semi-annual legislative budget. They probably also at a minimum re-forecast based on updated actuals once a quarter. Is their value though to gathering actuals daily or weekly and adjusting tactical plans based […]

The current issue of HFMA’s Healthcare Cost Containment newsletter reports that “Labor Cost Transparency” has surpassed “Healthcare Legislation and Mandates” as the biggest driver of healthcare costs according to more than 40% of CEO, CFO and other C-suite executives from more than 112 hospitals and health systems – a shift from six months ago.1 Costing […]

Is there a correlation between price transparency and cost? I read an article in the HFMA Strategic Financial Planning Newsletter recently about this and I can relate my personal experiences to it wholeheartedly. My observations are that hospitals segregate these two activities but I believe they are explicitly linked. I know there are many factors […]

The Perficient High-Performance Costing Expressway is powered by Oracle’s Hyperion Profitability and Cost Management as the costing engine and includes key data integrations to the Oracle Enterprise Health Analytics data model for data acquisition from the data warehouse.  We also equip the solution with baseline cost mappings to get started.   See the recent costing webinar […]

Healthcare costs are rising at a faster pace than the economy is growing. Hospitals are often the focus of this concern, because they constitute the largest single component of healthcare spending. When looking at hospital costs, it is important to keep in mind that there are both direct and indirect expenses that contribute to the […]

This week, my colleagues within the Perficient Enterprise Performance Management team will be discussing Rapidly Deploying Budgeting and Forecasting with Oracle and Perficient on Wednesday, September 17, 2014 1:00 PM – 2:00 PM CT.  Join the webinar to listen in! As I mentioned in my Blog:  The good ‘ole budgeting days are back!, this solution […]

Embracing data-driven decision making in a healthcare setting requires agile thinking to pinpoint and respond to the short- and long-term needs of the organization. This shift requires finance departments to transcend from the typical focus on aggregating data to a value-added analytical view of hospital data. This new approach will provide greater visibility into changes […]

My … how times are changing … back to what they once were!  I guess it has something to do with living long enough to experience things, but budgeting with Oracle’s exceptional world class platform Hyperion Planning solution is now available in the cloud.  This means that both new and existing Hyperion Planning customers of […]