Healthcare Planning with Financials

Oracle offers a Healthcare Planning best practice solution configured using the Financials module that helps you manage challenges in both the financial and operational aspects of healthcare planning. Designed for healthcare providers, this flexible planning and forecasting tool offers traceability and visibility to help managers make key decisions. It supports data-driven planning and forecasting at facility, cost centers, service line, and payer level. The solution also supports both top-down and bottom-up planning for all areas of the business while leveraging drivers as well as forecast and spread methods for the variable and fixed areas of the plan. Because it's built on the EPM Cloud Platform, it also supports the approval process, offering collaboration between all levels in the organization.

Note:

The Healthcare Planning solution is an implementation accelerator and not a supported Planning module. Both "Modules" and "Solutions" provide best practices. However, "Modules" are fully supported capabilities in Oracle Enterprise Performance Management Cloud. On the other hand, "Solutions" are intended to be implementation starter kit accelerators and are unsupported. For assistance with the Healthcare Planning solution, contact Cloud Customer Connect.

The Healthcare Planning solution delivers proven healthcare methodologies that allow you to rapidly develop budgets, forecasts, and long-range plans including:

• Prebuilt KPIs, dashboards, input templates, and reports
• Driver-based volumes, reimbursements, expenses, and labor
• Entity, department, payer, and service line modeling

The Healthcare Planning solution leverages the innovative capabilities built into the EPM Cloud Platform, such as:

• Predictive Planning and Monte Carlo simulations
• IPM Insights
• Scenario modeling
• Dashboards and infolets
• Oracle Smart View for Office, so you can work in the familiar Microsoft Excel environment
• Reports

The navigation and design is built using industry best practices and follows a standard healthcare operational planning and forecasting flow. Role-based navigation flows are provided for system and budget administrators, and for planners (clinical and non-clinical).

Navigation flow for system administrators and budget administrators:

Navigation flow for planners (clinical and non-clinical):

Planners use the provided forms to plan revenue (at the entity level or the service line level) and expenses (salary-related and non-salary-related), such as this form for entering non-salary expenses:

Planners use the provided dashboards and KPIs, such as these dashboards, to analyze and make decisions.

Overview dashboard:

Revenue dashboard:

Expense dashboard:

Planners can use the provided analytical reports to analyze and plan for optimal patient care strategies:

The Oracle Healthcare Planning solution is built on industry best practices, and is highly configurable to meet your unique business requirements. The solution provides faster time to value, a reduced implementation timeline, and is designed with the end user in mind.

For questions about the Healthcare Planning solution, contact Cloud Customer Connect.

Videos

The Oracle Healthcare Planning solution is an implementation accelerator and not a supported planning module. Both "Modules" and "Solutions" provide best practices. However, "Modules" are fully supported capabilities in Oracle Enterprise Performance Management Cloud, whereas "Solutions" are intended to be implementation starter kit accelerators.

Your Goal	Watch This Video
This overview highlights the features of the Healthcare Planning Solution. The Oracle Healthcare Planning solution is a highly configurable implementation accelerator developed on top of Oracle EPM Planning Financials to help facilitate your planning process. The role-based navigation flows were designed with the end-user in mind and are based on the tasks they need to complete.	Overview: Healthcare with EPM Financials
In this tutorial, you learn how to plan for staffing and non-staffing expenses for your healthcare organization using EPM Financials. Planners use the provided forms and dashboards to plan salary-related and non-salary-related expenses. The Oracle Healthcare Planning solution is a highly configurable implementation accelerator developed on top of Oracle EPM Planning Financials to help facilitate your planning process.	Planning Expenses for Healthcare with EPM Financials
In this tutorial, you learn how to plan for volume, reimbursements, and revenue for your healthcare organization using EPM Financials. Planners use the provided forms and dashboards to plan revenue at the entity level or the service line level. The Oracle Healthcare Planning solution is a highly configurable implementation accelerator developed on top of Oracle EPM Planning Financials to help facilitate your planning process.	Planning Volume and Revenue for Healthcare with EPM Financials