Streamlining healthcare operations
Many healthcare organizations are growing rapidly, against a backdrop of exceptional regulatory changes. As organizations try to achieve scale, it’s challenging to monitor performance and keep financial processes running smoothly—especially across multiple locations. Sage Intacct healthcare accounting software enables you to automate for greater efficiency, plus provides the visibility you need to make operational improvements.
Automating financials
Many industry specific software solutions struggle to keep up with rapid growth, lack support for paperless financial processes, and fail to provide transparency into revenues, payroll, and expenses across different states, facilities or departments. Implementing Sage Intacct healthcare accounting software offers a solution by automating key finance and accounting processes and providing crucial visibility into operations. By automating financials, organizations can streamline processes such as procure-to-pay and the monthly close. Multi-location organizations can centralize payables and eliminate manual processes for payments and intercompany accounting. Sage Intacct helps healthcare organizations save time, improve accuracy, and accommodate further growth without adding staff.
Respond with speed and agility
Help your whole team keep up the pace. With the ability to create consolidated financial statements or summary rollup reports at any time, not just month-end, healthcare organizations can quickly adjust strategies and operations to respond to performance trends. Browser-based access further enhances agility, allowing remote managers to handle approvals and transactions from anywhere, ensuring continuity of operations.
Gain visibility into operations
Get the visibility you need to make better decisions and improve operational and financial performance. Sage Intacct healthcare financial management software allows organizations to track financials as well as operational metrics and ratios, like available capacity and revenue per treatment. Customized customer dashboards can be created to provide quick and easy access to compare financial performance and ratios across locations and share best practices to improve performance.
Safeguard Protected Health Information
Ensuring compliance with regulations such as HIPAA is non-negotiable in healthcare. Healthcare customers can confidently leverage Sage Intacct’s financial solutions knowing that proper tools, security, and agreements are in place to support HIPAA compliance. Build in advanced audit trail enables customers to monitor and audit PHI access in support of HIPAA requirements.
Confidently use Sage Intacct’s financial solutions with our:
- Advanced Audit Trail to monitor access to PHI
- Sword and Shield certified HIPAA solution
- Commitment to your compliance through a BAA
To demonstrate their commitment to comply with HIPAA, Sage Intacct will sign a Business Associate Agreement with eligible healthcare clients giving you the peace of mind that you can meet your regulatory requirements.
Ready to revolutionize your healthcare practice with cutting-edge technology solutions? Contact LBMC Technology Solutions‘ team of healthcare experts today. Let us tailor a strategy to streamline your operations, enhance financial efficiency, and elevate patient care. Don’t wait—take the first step towards a brighter future for your practice. Reach out now to start the conversation.
