Axiom™ Service Line Planning can help increase the accuracy of budgets, forecasts, or financial plans by using detailed encounter data to model changes in actual service and payer mix, service item utilization, expected reimbursement rates, and length of stay.
Keep your plans in sync with consistent assumptions that provide holistic short- and long-term outlooks that support informed decisions. Read the solution brief to understand how Axiom’s service line budgeting approach helps you:
- Accurately project the resources, such as labor and supply costs, needed across operational departments and projected reimbursement based on your specific volume and service mix
- Increase transparency by providing more visibility into budget drivers, the origins of budget calculations, and downstream impact of volume changes across planning processes
- Improve efficiency by replacing manual data input from source systems with a direct integration from Axiom Enterprise Decision Support
Get a demo of service line planning