The most recent content from our members.
When we are reconciling transactions, we need the ability to drill across from HCM to FSM and from FSM to HCM where applicable. One use case would be to drill from a payroll run into the account transactions within the Global Ledger. Today, we cannot drill across because HCM and FSM are two separate databases.
Healthcare finance isn’t just about managing money—it’s about ensuring access, quality, and sustainability. 💰 From budgeting and billing to capital investment and compliance, healthcare finance supports the systems that save lives. 💬 Whether you're a provider or a patient, understanding healthcare finance helps you make…
An HSA is a tax-free way to save money for medical expenses—and it’s one of the most underused tools in healthcare finance. 💰 Contributions are tax-deductible. 📈 Funds grow tax-free. 🩺 Withdrawals for qualified expenses? Also tax-free. 💡 If you have a high-deductible health plan, ask your employer or bank about setting one…
New year, new financial goals! Have you budgeted for your health in 2025? 📝 Things to include: Monthly premiums Deductibles Preventive care Emergency fund for unexpected visits A little planning goes a long way—because your health is your greatest investment.
To all healthcare professionals: Transparency in billing isn’t just good ethics—it builds trust with patients. 💼❤️ 📉 Studies show patients are more likely to return to providers who offer upfront pricing and flexible payment options. 💬 Consider: Can your practice improve its patient financial communication?
Ever look at your medical bill and feel like it’s written in another language? 🤯 CPT codes, facility charges, and EOBs—it's overwhelming. 🔑 Pro Tip: Use free online tools or patient advocates to decode your Explanation of Benefits (EOB). Knowing what’s covered can save you thousands. Let’s take the mystery out of medical…
💡 Did you know? Nearly 1 in 5 Americans skip medical care due to cost concerns. 💊 Healthcare finances aren’t just numbers—they’re decisions that impact lives. 📊 Whether it's insurance coverage, out-of-pocket expenses, or surprise billing, understanding the cost breakdown can empower smarter health choices. 🔍 Tip: Always…
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