Area of Expertise
Performance Management & Analysis Services
Decision Support & Cost Accounting
- Support with the selection of the most suitable decision support/cost accounting platform, design and implementation support, and optimizing the value of the platform
Service Line Financial Analysis
- Evaluation of the key drivers of service line financial performance to help providers decide whether to invest and grow, sustain or divest/discontinue service lines
- Benchmark financial performance across health system markets to identify best performers
Enterprise Financial Reporting
- Development of enterprise reporting tools which can effectively organize data into insightful information with depiction through charts, tables and other visualization techniques
- Development of key metrics to be displayed to create a tailored dashboard by executive to facilitate operational and strategic decision making
Operating & Capital Budgeting
- Development of strategically-driven budgets guided by “north star” goals set by board and management and involving active management participation to create budget ownership
- Development of effective budget processes using best practices in areas such as governance, planning, technology and participation
Finance Function Transformation
- Supporting finance to rethink the finance business model, with a focus on increasing the value of finance through providing greater business insight
Financial Reporting & Control
- Evaluating the financial accounting methods and documentation
- Review of regulatory or compliance filings
- Evaluating management discussion and analysis
- Design of internal control
Our Insights
Avec Group Perspectives
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