Budget Parameters ....

The key parameters for an entire hospital budget process can be controlled from one screen. Fiscal mangers have requested to centrally control parameters

A few of the parameters that some hospitals now control:

• Adjust the volume drivers across all departments based on:

• Admissions

• Days

• OR Cases

• Outpatient volume percent

• Increase productivity 2% on every department

• Reduce Expenses by 2%

• Inflation rate, increase by 3%

• Salary increases by 3% across the hospital

• Limit overtime to 2%

• Overall revenue increase across all revenue generating cost centers by 2%

You have the ability to generate many "WHAT IF" scenarios and review your fiscal situation before locking in the parameters. Once the parameters are locked in, the system can be deployed to the hospital management team at the cost center level to make adjustments. Adjustments can be made to such things as the detailed KVI’s, staffing and expense items to meet these budget goals.

Budget Parameters Screen