KRX^F 
KRX^F is an intuitive Excel add-in that simplifies cash forecasting and empowers rural hospital leaders to achieve more with every number.
An Easier Way
to Forecast
Cash Flow
Eliminate tedious manual work and unlock clearer thinking for better business performance and outcomes.
Boosting
Forecast Quaility
KRX^F aids in constructing cash forecasts by providing structured frameworks and advanced analytical capabilities, enabling the CFO to think more critically and strategically. This enhanced analytical approach leads to more accurate and comprehensive forecasts, empowering the CFO to make informed decisions that drive the hospital’s financial health and stability.
Continuous
Improvement
KRX^F incorporates a built-in reflection technique that systematically evaluates prior forecasts, providing detailed insights and constructive feedback. This iterative learning process enables the CFO to refine forecasting methods continuously, leading to progressively more accurate and reliable forecasts. By learning from past performance, the CFO can make more informed adjustments, ensuring the hospital’s financial health and long-term stability.
Scenario
Modeling
KRX^F offers the ability to create and analyze multiple financial scenarios with fully customizable models. This feature allows the CFO to explore various strategic options and their potential impacts, fostering a deeper understanding of possible outcomes. By simulating different scenarios, the CFO can prepare for a range of financial situations, making more informed and proactive decisions that support the hospital’s financial resilience and growth.
Forecast
Visability
KRX^F generates clear, visually engaging reports and dashboards that effectively communicate forecast insights. This feature enables the CFO to present complex financial data in an easily understandable format, fostering better comprehension among stakeholders. By improving the clarity and impact of financial presentations, the CFO can facilitate informed decision-making and strategic planning, ultimately driving the hospital’s financial health and stability.
Packed With Features
A CFO Will Love
Cash Metrics
Analysis of key cash metrics to provide a comprehensive view of the hospital’s cash flow health.
AR Metrics
Accounts receivable metrics that help monitor and improve collection rates, enhancing cash flow management.
Prior Forecast Comparison
Built-in feature to compare current forecasts with previous ones, enabling continuous improvement and accuracy in financial planning.
Isolate Operating Cash vs. Restricted Cash
Clear distinction between operating cash and restricted cash, ensuring precise management and allocation of funds.
26-Week Forecast
A robust 26-week forecasting model that offers a long-term view of the hospital’s financial position, aiding in strategic planning.
Team Collaboration
Easy sharing capabilities that allow the entire finance team to collaborate on forecasts, ensuring everyone is on the same page.
Capex Planning
Tools for planning and managing capital expenditures, ensuring that major investments are aligned with the hospital’s financial strategy.
DSH and Special Payments
Integration of Disproportionate Share Hospital (DSH) payments and other special payments into the forecasting model, providing a complete financial picture.
AP & Expense Timing
Supporting expense planning and projections, allowing the CFO to manage and anticipate operational costs more effectively. This feature ensures that all expenditures are accounted for and aligns with the hospital’s financial strategy.
Dealing with Payment Uncertainty in Rural Hospitals: Strategies for Financial Stability
Payment uncertainty is a significant challenge for rural hospitals. This article explores strategies to manage and mitigate payment uncertainty, ensuring financial stability and operational efficie…
Essential Cash Flow Metrics for Rural Hospitals: Calculation and Importance
Effective cash flow management is crucial for rural hospitals. This article explores key cash flow metrics, detailing their calculation and importance for financial planning and stability.
The Impact of Improving Accounts Receivable Collections on Cash Forecasts
Improving accounts receivable collections is critical for rural hospitals’ financial health. Learn how enhanced collections can positively impact cash forecasts and ensure better resource allocation.
Beyond Patient Collections: Other Cash Inflows for Rural Hospitals
Identifying additional cash inflows is crucial for rural hospitals. Learn about various sources of revenue beyond patient collections to improve your hospital’s financial health.
