Join our webinar on Wednesday 28th April 2021 from 11:00 am – 12:30 pm BST where we will build on the platform of engagement and analytics to look at the concept and application of ‘Activity Based Budgeting’.
During this webinar, we will demonstrate how the methodology and rich data set underpinning your Costing model can be leveraged for a more objective approach to budgeting – and on into forecasting.
This will include how to:
- Build and benchmark budgets: Seamlessly link patients, costs, resources, activities, and finances into one budget for your Trust
- Anticipate and respond to future demand: Match the deployment of resources and manpower to the future demand for care
- Pinpoint areas for potential improvement: Determine how portfolio choices such as the development of diagnosis group and types of care impact activity across the Trust and identify areas for improvement
- Involve physicians and managers in budgeting: Objective, bottom-up budgeting to facilitate collaboration with non-financial stakeholders
Our financial management experts will guide you through real-life examples of how your Trust can truly be in financial control.
We look forward to hosting the webinar and hope to see you there!
Meanwhile, if you are interested to find out more about the benefits of our Financial Costing solution, check the video below:
IT IS OUR MISSION AT LOGEX TO TURN DATA INTO BETTER HEALTHCARE.
Controlling costs and streamlining operations shouldn’t have to be a struggle.