Our full healthcare FP&A suite includes:
Service Line Planning
Use encounter data to model changes
Rolling Forecasting
Predict quarterly finances based on up-to-date assumptions
Operational Budgeting
Use best practices to streamline budgeting processes
Health Plan Budgeting
View your health plan’s impact on organizational results
Long-Range Financial Planning
Model the impact of various scenarios to your finances
Treasury Cash Management
Maximize your working capital with better cash visibility
Performance Reporting
Choose the format right for your stakeholders
Capital Planning and Tracking
Allocate and manage your capital projects more efficiently
"I’m spending most of my time performing higher-value activities, because Axiom does the heavy lifting required to bring the data together, format it in a way we can readily leverage, and create reports that provide a real-world glimpse at how we are performing as an organization."
Andrew Dire
Controller, Pomona Valley Hospital Medical Center
Service Line Planning
Model accurate projections based on actual data
Increase the accuracy of your projected budget, forecast or financial plan by leveraging detailed encounter data to model changes in actual service and payer mix, expected reimbursement rates, and length of stay. Axiom Service Line Planning helps keep your plans in sync using consistent assumptions to provide holistic short- and long-term outlooks that support informed decisions. Improve efficiency by eliminating the manual input of data from source systems with a direct integration from Axiom Enterprise Decision Support.
Operational Budgeting
Create Efficient, Accurate and Transparent Budgets
Utilize best-practice budget methodologies to streamline budgeting processes, enhance efficiency, and highlight variances. Axiom Budgeting seamlessly integrates data from the general ledger, patient systems, clinical detail, human resources, and other systems.
PERFORMANCE REPORTING
Transform Information into Action
Axiom Intelligence includes reporting tools that provide your executives and managers timely access to the financial and management reports and dashboards they require in one trusted source. Highly flexible and configurable formats help you summarize and easily identify trends and variances in the formats most suited to your key stakeholders.
ROLLING FORECASTING
Establish an Efficient and Repeatable Forecasting Process
Complement or replace your annual budgeting process with more efficient and accurate rolling forecasting. Axiom Rolling Forecasting integrates rolling forecasts with long-term financial plans and operational budgets to support strategic and tactical planning success.
"[Axiom Budgeting is] giving us the ability to course-correct more quickly than perhaps we have been able to do in the past."
Vickie Kelley
Corporate Controller, Hazelden Betty Ford Foundation
Develop Multi-Year Financial Plans
Assess the viability of initiatives and pinpoint incremental volume, revenue, cost, debt, and capital structure implications. Axiom Financial Planning links your organization’s strategic mission and vision with measurable financial objectives. Save time by using historical and proposed budgets and forecasts as the basis for your long-range financial plan.
CAPITAL PLANNING AND TRACKING
Optimize Capital Project Investment Decisions and Associated Budgets
Axiom Capital Planning & Tracking helps hospitals and health systems govern capital projects throughout the project lifecycle with an easy-to-use workflow tailored to your organization and visibility into the financial outcomes associated with capital investments. Access to capital cost and spend benchmarks from hospitals nationwide help you more accurately estimate capital project impact.
HEALTH PLAN BUDGETING
Integrate budgets from Provider-sponsored Health Plans
Get a holistic view of finances and streamline budgeting tasks across your healthcare enterprise with budgeting functionality designed specifically for your provider-sponsored health plan. Track and plan the profitability of each insurance product, as well as view real-time results of the health plan’s impact to your overall organizational results.
treasury cash management
Maximize Returns on Cash Positions
Managing cash and liquidity in real-time gives organizations the flexibility to maximize working capital. Syntellis’ Axiom™ Treasury Cash Management provides end-to-end cash visibility using modeling and reporting tools that improve:
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Accuracy by replacing manual spreadsheet maintenance with automation to eliminate error-prone processes and prevent single points of failure
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Efficiency by incorporating bank connectivity to view all accounts from one location
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Transparency because better visibility helps guide funds reallocation to higher-yielding accounts
Discover the Axiom Difference
Strengthen your ability to compete in a changing marketplace with industry-leading software
that solves enterprise planning challenges for healthcare
Featured Resources
At Atrium Health Navicent, ‘Axiom Financial Planning Helps Us Respond to Actual Changes as They Occur’
With Axiom, Atrium Health Navicent gained access to real-time data and efficiency in reducing staff time.
Customer Story
Axiom Drives Efficiency & Transparency for Growing Hospital Sisters Health System
With Axiom, Hospital Sisters Health System achieved greater capacity and value and saved work through seamless automations. Read more!
Customer Story
7 Practical Tips to Tame Unruly Organizational Budget Processes
Nearly all organizations struggle with budgeting — creating the right reporting mechanisms, getting everyone to input their numbers, and responding to executive input. Axiom™ Budgeting...
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