Tag: FP&A

Why Your 2024 Budget is Wrong: Understanding the Limits of Budgeting in Rural Hospitals

Written on January 1, 2024.

As we step into 2024, every rural hospital CEO needs to hear a clear message: Your budget is wrong. This statement isn’t an indictment of your planning abilities, but rather a recognition...

The Critical Impact of Robust Financial Planning & Analysis: Powering Organizational Growth

Written on June 12, 2023.

In thriving businesses and ambitious healthcare organizations, constant growth and evolution are not just goals – they form the essence of their existence. A key protagonist in this growth...

The Power of Dashboards in Healthcare

Written on June 5, 2023.

How Visualization Aids Performance In today’s data-driven healthcare environment, making informed decisions quickly and effectively is more crucial than ever, especially for rural hospitals....

7 Reasons Why a Rural Hospital CEO Needs a Financial Analyst

Written on May 29, 2023.

Rural hospitals serve as lifelines, providing critical healthcare to remote and underserved communities. The roles of CEOs in these critical institutions are fraught with unique and complex challenges...

Financial Planning and Analysis: The Sustainable Path of Success for Rural Hospitals

Written on May 15, 2023.

Rural hospitals play a pivotal role in maintaining the health of non-urban communities. Yet, these invaluable institutions often face various financial challenges that can threaten their ability...

FP&A vs. Accounting in Rural Hospitals: Harmonizing Financial Narratives for a Brighter Tomorrow

Written on May 8, 2023.

In the multifaceted realm of healthcare, where the fusion of medical precision and fiscal responsibility plays out daily, finance emerges as the lifeblood that sustains rural hospitals. The heartbeat...