Most healthcare finance teams today face an array of challenges during the month-end close process. Having access to data alone, however, is not the solution. Today’s teams need actionable intelligence, and they need a better way to communicate that information to the people within their organizations who need it most.
To accomplish this, healthcare finance teams need to have a structure in place that’s conducive to effective data analysis and delivery of a month-end close executive summary that’s easily understood by all stakeholders. Following is a look at how teams can accomplish this for a smoother month-end close process that delivers real insight and more answers than questions.