Posts Tagged ‘Oracle Hyperion Profitability & Cost Management’

4 Capabilities of an Effective Financial Forecasting Model

Terie McClintock, Director of Oracle Core at Perficient, recently wrote a blog on financial forecasting models for healthcare reform: Financial forecasting captures relevant operational, statistical and financial data in one place to enable sound planning and decision making. In addition, forecasting fosters a common understanding of business drivers and their effect on operations and financial […]

Financial Forecasting Models for Healthcare Reform

Financial forecasting captures relevant operational, statistical and financial data in one place to enable sound planning and decision making.  In addition, forecasting fosters a common understanding of business drivers and their effect on operations and financial performance. Effective Financial Forecasting and Enterprise Performance Management require these capabilities: –      Capabilities for Budgeting and Flexible Variance Analysis […]

How to Charge $546 for Six Liters of Saltwater

There was a recent article in the NY Times with this title that captures the essence of the current costing discussion.  One-liter IV bags normally contain nine grams of salt, less than two teaspoons. Much of it comes from a major Morton Salt operation in Rittman, Ohio, which uses a subterranean salt deposit formed millions […]

The Healthcare Debate is now about Finance

HFMA President and CEO Joe Fifer told healthcare finance professionals last week at ANI: The HFMA National Institute. “People want to know why health care costs what it does and what we’re doing about it,” Fifer said. “We need to move beyond the rhetoric.”1 Fifer went on to say that consumers are fed up with […]

The role of a Data Warehouse in the Accountable Care Organization

I read an article recently about the role of analytics within an Accountable Care Organization.  This article discussed the need for a longitudinal view of patients using data from the Electronic Medical Record (EMR).  Healthcare providers are making better data decisions through uses of EMR technology, but there is more than a “query” involved! Now […]

Perficient & Oracle Talking PCM Strategy for Healthcare Providers

We’re gearing up for our upcoming webinar “A Profitability and Cost Management Strategy for Healthcare Providers” co-hosted by our own Tony Coffman, Director Oracle EPM and William Bercik, Director of Healthcare at Oracle for the Provider industry, on Wednesday, March 27, at 11 a.m. CDT. The webinar will highlight and discuss how leveraging advanced analytics to manage population health, develop risk […]

Profitability & Cost Management in the Health Insurance Industry

Oracle Hyperion Profitability and Cost Management supports the core requirements of the Healthcare Insurance industry and provides value for a broad range of use cases. For core profitability management, HPCM helps managers gain visibility and understanding of the cost to service different healthcare plans, group business and members. It helps provide an accurate understanding of profitability by member segment, […]

Profitability and Cost Management for Healthcare Providers

Oracle enterprise healthcare solutions provide the framework to accelerate compliance to Accountable Care Organization (ACO) reporting requirements by providing a comprehensive healthcare data model, pre-built integration to many of the major EMR vendors, and world class performance management tools to harness Business Intelligence and Analytics, Profitability & Cost Management, and Big Data … all necessary for Population […]