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Example of a Payroll Budget Report by Department for a Healthcare Provider

What is a Payroll Budget Report by Department?

Payroll budget reports are considered powerful budget analysis and staff planning tools and are used by Budget Managers and CFOs to review total budgeted compensation and headcount. Some of the main functionality in this type of personnel report is that it displays all employees and a breakdown of their budgeted compensation. The employees are grouped by department with sub-totals and a grand total for the organization. The columns display the base salary as well as additional compensation for shifts, weekend, overtime, etc. You find an example of this type of personnel report below.

Purpose of Detailed Payroll Budget Reports

Healthcare providers use Detailed Payroll Budget Reports to perform in-depth analysis of personnel expenses at the end of a budget process. When used as part of good business practices in Budgeting and  FP&A departments, an organization can improve its budget approval process and staff-related planning as well as reduce the chances that budgets are not accurate due to oversights in the planning process.

Detailed Payroll Budget Report Example

Here is an example of a Payroll Budget Report with employees and their compensation expenses grouped by department.

Example of a Payroll Budget Report by Department for a Healthcare Provider

Example of a Payroll Budget Report by Department for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Personnel Report?

The typical users of this type of personnel report are: Budget managers, CFOs, analysts, department heads.

Other Personnel Reports Often Used in Conjunction with Detailed Payroll Budget Reports

Progressive Budgeting & FP&A departments sometimes use several different Detailed Payroll Budget Reports, along with financial statements with summary budgets, actual payroll reports, staffing plans, budget dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Profit & Loss Report with KPIs for a Healthcare Provider

What is a Profit & Loss Report with KPIs?

Profit & Loss (P&L) reports with KPIs are considered powerful monthly management analysis tools and are used by CFOs and other executives to analyze both financial and operational performance in a single view. Some of the main functionality in this type of dashboard report is that it uses parameters so the user can run it for any month and one or many facilities. The top section shows two KPIs: 1) Total admits and 2) Average patient charge. The middle section shows summary P&L rows and each row can be expanded to see the underlying general ledger (GL) accounts and amounts. The bottom of the report displays additional KPIs for Discharges and RVUs, as well as two charts for graphical analysis. You find an example of this type of dashboard report below.

Purpose of P&L Report with KPIs

Healthcare providers use P&L Report with KPIs to provide executives with an easy to read format that offers essential performance information. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its decision-making capabilities as well as reduce the chances that managers miss the big picture with too many detailed reports being put in front of them every month.

P&L Report with KPI Example

Here is an example of a Monthly Profit & Loss Financial Report that includes KPIs for the current month and year-to-date.

Example of a Profit & Loss Report with KPIs for a Healthcare Provider

Example of a Profit & Loss Report with KPIs for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Dashboard report?

The typical users of this type of dashboard report are: Boards, CFOs, COOs, group controllers and analysts.

Other Reports Often Used in Conjunction with P&L Report with KPIs

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different P&L Reports with KPIs, along with Financial dashboards, trend reports, balance sheets, cash flow statements and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Consolidated Profit & Loss Report for a Healthcare Provider

What is a Consolidated Profit & Loss Report ?

Consolidated profit & loss (P&L) reports are considered essential monthly reports for healthcare groups and are used by Boards, CFOs and Controllers to review monthly aggregate results. Some of the main functionality in this type of financial report is that it is parameter driven and the user can run it for divisions as well as the top consolidated level in the organization. The individual clinics/locations will dynamically expand across the columns with a consolidated total on the far right. The rows are organized in a typical P&L layout, showing revenues, expenses, margins and net profit (loss). You find an example of this type of financial report below.

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Purpose of Consolidated Profit & Loss Reports

Healthcare providers use Consolidated Profit & Loss Reports to provide healthcare executives at the group level with a clear view of consolidated results while at the same time seeing how each clinic individually is contributing. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its profitability and financial performance communication as well as reduce the chances that executives make slower or sub-optimal decisions because they don’t easily see each location’s contribution to consolidated results.

Consolidated Profit & Loss Report Example

Here is an example of a Consolidated Profit & Loss Report for a healthcare provider group and it’s clinics.

Consolidated Profit & Loss Report for a Healthcare Provider

Consolidated Profit & Loss Report for a Healthcare Provider

 

You can find hundreds of additional examples here

Who Uses This Type of Financial report?

The typical users of this type of financial report are: Boards, CFOs, group controllers.

Other Financial Reports Often Used in Conjunction with Consolidated Profit & Loss Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Consolidated Profit & Loss Reports, along with KPI and financial dashboards, variance and trend reports, balance sheets, cash flow statements and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Statement of Operations Report Example for a Healthcare Provider

What is a Statement of Operations?

Statement of Operations reports with multi-year KPIs are considered powerful monthly management reports and are used by Boards, CFOs and other executives to see a current Profit & Loss overview along with a three year picture of key performance indicators (KPIs). Some of the main functionality in this type of innovative monthly report is that it uses parameters that provide on-demand choices of period and organizational units to include. Across the columns it dynamically lists each month of the year up to the current period. The far right shows the total year-to-date (YTD) figures as well as the average monthly performance. The top portion of the rows shows two metrics: Patient volume and Average patient charge. Following that you see a typical Profit & Loss layout with revenues, expenses and net income. At the bottom of the report there are KPI sections for the current year as well as the two prior years. You find an example of this type of innovative monthly report below.

Automate Your Healthcare Operations

Purpose of Statement of Operations Reports

Healthcare providers use Statement of Operations Reports to offer managers a single tool to make it easy to analyze monthly financial results along with multi-year KPI performance. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its strategies and decision-making as well as reduce the chances that executives don’t easily see the big, multi-year picture while analyzing current year and monthly results.

Statement of Operations Report Example

Here is an example of a Statement of Operations with financial results for current year periods as well as three years of monthly and YTD KPIs.

Statement of Operations Report Example for a Healthcare Provider

Statement of Operations Report Example for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Monthly Report?

The typical users of this type of innovative monthly report are: Boards, CFOs, COOs, group controllers and analysts.

Other Monthly Reports Often Used in Conjunction with Statement of Operations Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Statement of Operations Reports, along with KPI and financial dashboards, variance reports, balance sheets, cash flow statements and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems and enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Claims by Payor Report Example for a Healthcare Provider

What is a Claims by Payor Report?

Claims by payor reports are considered operational reports and are used by CFOs, accountants and claims managers to analyze claims statistics and related charges and reimbursements. Some of the main functionality in this type of report is that it shows claims-related information by employee and insurance provider (payor). The metrics include charges, reimbursements, # of claims, # of claims paid, and % of claims paid. All figures roll up to totals by payor. You find an example of this type of report below.

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Purpose of Claims by Payor Reports

Healthcare providers use Claims by Payor Reports to provide managers with a clear understanding of how many claims are paid and how much of their charges are reimbursed. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a healthcare organization can improve its revenues and claims processes as well as reduce the chances that financial results suffer as a result of poor insight to claims metrics.

Claims by Payor Report Example

Here is an example of a Claims by Payor Report with charges, reimbursements and claims metrics.

Claims by Payor Report Example for a Healthcare Provider

Claims by Payor Report Example for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: CFOs, revenue officers, collections managers, analysts, accountants, claims managers.

Other Reports Often Used in Conjunction with Claims by Payor Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Claims by Payor Reports, along with claims dashboards, detailed claims reports and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from specialized claims systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Monthly Collection Rate Report Example for a Healthcare Provider

What is a Monthly Collection Rate Report?

Monthly collection rate reports are considered essential healthcare accounting reports and are used by CFOs, accountants and collections managers to analyze monthly collection rates. Some of the main functionality in this type of analytical trend report is that it can be filtered by biller, insurance provider and physician. Across the columns you find all 12 months of the year as well as a total. All collection rate figures are listed as the percent (%) of the billed amount that was collected. Downwards in the report there are four sections: 1) Metrics by insurance company, 2) Metrics by biller, 3) Metrics by physician, 4) Metrics by revenue group. At the bottom each section you find sub-totals. You find an example of this type of report below.

Purpose of Monthly Collection Rate Reports

Healthcare providers use Monthly Collection Rate Reports to get a clear understanding of how successful (nor not) their collections activities and related policies are. When used as part of good business practices in Financial Planning & Analysis (FP&A) and collections departments, an organization can improve its revenues and collection strategies as well as reduce the chances that managers miss important collection rate trends and anomalies.

Monthly Collection Rate Report Example

Here is an example of a Monthly Collection Rate Report that helps healthcare providers analyze collection rates (%) by insurance company, biller, physician and revenue group.

Monthly Collection Rate Report Example for a Healthcare Provider

Monthly Collection Rate Report Example for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Analytical Trend report?

The typical users of this type of analytical trend report are: CFOs, revenue officers, collections managers, analysts, accountants, budget managers.

Other Analytical Trend Reports Often Used in Conjunction with Monthly Collection Rate Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Collection Rate Reports, along with collections dashboards, detailed billings/charges/collections reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Monthly Collections Summary Report for a Healthcare Provider

What is a Monthly Collections Summary Report?

Monthly collections reports are considered essential healthcare reports and are used by CFOs, accountants and collections managers to analyze all monthly collections. Some of the main functionality in this type of analytical summary report is that it can be filtered by biller, insurance provider and physician. Across the columns you find all 12 months of the year as well as a total and how much each row is as a percent of the total amount. Downwards in the report there are four sections: 1) Metrics by insurance company, 2) Metrics by biller, 3) Metrics by physician, 4) Metrics by revenue group. At the bottom each section you find sub-totals. You find an example of this type of analytical summary report below.

Automate Your Healthcare Operations

Purpose of Monthly Collections Summary Reports

Healthcare providers use Monthly Collections Summary Reports to get a clear understanding of monthly collections and trends from all possible angles. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its revenues and collection strategies as well as reduce the chances that low performance areas or issues go undetected.

Monthly Collections Summary Report Example

Here is an example of a Monthly Collections Summary Report that helps healthcare providers analyze collection amounts by insurance company, biller, physician and revenue group.

Example of a Monthly Collections Summary Report for a Healthcare Provider

Example of a Monthly Collections Summary Report for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Analytical summary report?

The typical users of this type of analytical summary report are: CFOs, revenue officers, collections managers, analysts, accountants, budget managers.

Other Analytical summary reports Often Used in Conjunction with Monthly Collections Summary Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Collections Summary Reports, along with collections dashboards, detailed billings/charges/collections reports and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Monthly Charges Summary Report for a Healthcare Provider

What is a Monthly Charges Summary Report?

Monthly charges reports are considered important reports for healthcare organizations and are used by CFOs, accountants and revenue officers to analyze all monthly charges. Some of the main functionality in this type of analytical summary report is that it can be filtered by biller, insurance provider and physician. Across the columns you find all 12 months of the year as well as a total and how much (%) each row is of the total amount. Downwards in the report there are four sections: 1) Metrics by insurance company, 2) Metrics by biller, 3) Metrics by physician, 4) Metrics by revenue group. At the bottom each section you find sub-totals. You find an example of this type of analytical summary report below.

Purpose of Monthly Charges Summary Reports

Healthcare providers use Monthly Charges Summary Reports to get a clear understanding of monthly charges and trends from all possible angles. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a healthcare provider can improve its revenues and collection strategies as well as reduce the chances that low performance areas or issues go undetected.

Monthly Charges Summary Report Example

Here is an example of a Monthly Charges Summary Report that helps healthcare providers analyze charges by insurance company, biller, physician and revenue group.

Monthly Charges Summary Report for a Healthcare Provider

Monthly Charges Summary Report for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Analytical Summary Report?

The typical users of this type of analytical summary report are: CFOs, revenue officers, collections managers, analysts, accountants, budget managers.

Other Reports Often Used in Conjunction with Monthly Charges Summary Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Charges Summary Reports, along with revenue dashboards, detailed billings/charges/collections reports, budget reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Monthly Billings, Charges and Collections Summary Report for a Healthcare Provider

What is a Monthly Billings, Charges and Collections Summary Report?

Billings, charges and collections summary reports are considered healthcare group summary analysis tools and are used by CFOs, accountants and revenue officers to analyze all monthly revenues. Some of the main functionality in this type of analytical summary report is that it can be filtered by charge master, biller, insurance provider and physician. Across the columns you find three sections, each one can be expanded to see individual months for: 1) Billings, 2) charges and 3) Collections. Downwards in the report there are four sections: 1) Metrics by insurance company, 2) Metrics by biller, 3) Metrics by physician, 4) Metrics by revenue group. You find an example of this type of analytical summary report below.

Purpose of Monthly Group Summary Reports

Healthcare providers use Monthly Group Summary Reports to get a clear understanding of monthly revenues and trends from all possible angles. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a healthcare provider can improve its revenue strategies and related outcomes as well as reduce the chances that low performance areas or issues go undetected.

Monthly Group Summary Report Example

Here is an example of a Group Summary Report that helps healthcare providers analyze monthly billings, charges and collections.

Monthly Billings, Charges and Collections Summary Report for a Healthcare Provider

Monthly Billings, Charges and Collections Summary Report for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Analytical summary report?

The typical users of this type of analytical summary report are: CFOs, revenue officers, collections managers, analysts, accountants, budget managers.

Other Reports Often Used in Conjunction with Monthly Group Summary Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Group Summary Reports, along with revenue dashboards, detailed billings/charges/collections reports, budget reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Monthly Billing Summary Report Example for a Healthcare Provider

What is a Monthly Billing Summary Report for a Healthcare Provider?

Billing summary reports are considered operational analysis reports and are used by accountants to analyze billing revenues from various perspectives. Some of the main functionality in this type of visual report is that it is parameter driven and contains four major sections: 1) Monthly billings by insurance company, 2) Monthly billings by biller, 3) Monthly billings by doctor and 4) Monthly billings by revenue group. Note: Only the first section is visible in the screenshot below. You find an example of this type of visual report below.

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Purpose of Monthly Billing Summary Reports

Healthcare providers use Monthly Billing Summary Reports to give executives and financial managers an easy, self-service way to slice the organization’s billing revenues. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a healthcare institution can improve its billing revenues and related strategies and planning as well as reduce the chances that managers lack insight to important drivers of billing revenues.

Monthly Billing Summary Report Example

Here is an example of a Monthly Billing Summary report for a healthcare provider.

Monthly Billing Summary Report Example for a Healthcare Provider

Monthly Billing Summary Report Example for a Healthcare Provider

You can find hundreds of additional examples here

Who Uses This Type of Visual report?

The typical users of this type of visual report are: CFOs and accountants.

Other Visual reports Often Used in Conjunction with Monthly Billing Summary Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Monthly Billing Summary Reports, along with billing and revenue dashboards, income statements, cash flow reports and other management and control tools.

Solver for Healthcare Providers

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Automate Your Healthcare Operations

Corporate Performance Management (CPM) Cloud Solutions and More Examples