As healthcare finance leaders focus on charting a path forward, they must assess their organization’s current financial situation and evaluate how to adapt business strategies to COVID-19 demands and challenges. Leaders need insights into performance trends across clinical service lines to make both tactical and strategic planning decisions, but few have such data-based insights.
For many organizations, this will require more timely feedback across a broader set of key operational and clinical stakeholders. To establish an effective feedback loop, organizations need more integrated reporting that provides a comprehensive view of service line trends, bringing together market data, accurate financial and cost information, and clinical quality and safety measures.
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