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PowerBudgeting Forecasting and Modelling - PBFM

Clearer Decisions | Informed Direction | Profitable Strategies

PowerBudgeting, Forecasting & Modelling (PBFM), powered by Adaptive Insights’, the recognised leader in cloud performance management (CPM), delivers unified planning, reporting, consolidation and analytics solutions that are modern, powerful and intuitive.

It includes built-in analytics, collaboration and web access from anywhere. Making better decisions has never been easier.

 

Does your budgeting tool address healthcare industry requirements?

PowerHealth’s PowerBudgeting Forecasting and Modelling (PBFM), powered by Adaptive Insights, greatly enhances the budgeting process within the healthcare industry. For example:

Manage Service Agreements and Amendments

Track your funding and activity targets. Create a budget and forecast, then import actuals, all within a single centralised system.

 

Develop Service Plans

Incorporate capacity/demand metrics (beds, separations, average length of stay (ALOS), theatre cases, outpatient department (OPD) attendances) in budget build.

Perform Detailed Revenue Planning

Assign own source revenue (private patient funding) by revenue type (accommodation, theatre, consults and prostheses).

 

Create Specific Activity Targets

Drill down further to the clinical level by establishing a target that includes: Clinical Division/Stream x Activity classification (DRG, URG, Tier2) x Patient Care Area, by integrating data from PowerHealth's costing and revenue tool, PPM.

Assign Activity Based Budgets

Use PPM costing data to assign activity based budgets to Clinical Division/Stream and Patient Care Area levels (high level by activity classification).

Properly Assess All Options with Activity Modelling

Profile revenue/expense by activity classification for commissioning/
decommissioning services and reviewing marginal costs.