Hospitals have one of the most complex accounting structures. In addition to multiple internal entities and closely integrated third-party partners, patient accounting has to deal with different insurance plans, cash payers, and varying payment plans. So what exactly separates patient accounting...
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The Difference Between Patient & Hospital Accounting
Hospitals have one of the most complex accounting structures. In addition to multiple internal entities and closely integrated third-party partners, patient accounting has to deal with different ...
What Is Multi-Entity Accounting?
One of the biggest challenges of multi-entity accounting is balancing the needs of empowered decentralized organizations with the efficiency gains of centralized operations and processes. The CFO for ...
Healthcare Accounting: Why Agility Matters
Agility in Healthcare The idea of being an agile healthcare organization is not a new concept. In 2017 McKinsey produced a significant amount of work that highlighted the importance of agility in a ...
How to Measure ESG Performance
Consumers, business leaders, employees, investors, and communities all care about a company’s environmental, social, and governance (ESG) practices. The problem is that—unlike with profitability—it’s ...
6 Top ERP Myths Busted
Enterprise resource planning (ERP) can be a powerful tool when businesses leverage it to manage data for core business processes. However, several common ERP myths can discourage companies from ...
How A Cloud ERP Can Future-Proof Your Business
In a fast-paced and growth-oriented company, you need more than basic accounting software. You need enhanced functionality, seamless integration with other systems and features you can adapt to your ...
4 Ways an ERP Can Mitigate Business Risk
Risk management is a vital component of any business, no matter the industry. Every organization has numerous moving parts and calculated risk factors that can make or break a company. One approach ...
Why Healthcare Organizations Need a Fully Functioning and Integrated ERP System
Many of today’s healthcare organizations embrace technology to keep patients informed and deliver quality care. For example, according to The Office of the National Coordinator for Health Information ...
Tips for Migrating From an On-Premise to Cloud ERP
Your on-premise ERP may have been an excellent option when you committed to it, but your company might be ready for a more flexible solution. Multiview Financial Software gives you industry-best tips ...