HEALTHCARE FINANCIAL SOFTWARE

Confidently manage clinical profitability and your financial future

Why choose Prophix One for healthcare financial software

Real-time reporting and analytics

Make data analysis easy with dynamic reporting and real-time dashboards that display your critical KPIs.

Easy to use

User-friendly healthcare financial software enables your finance team to easily manage every aspect of their budgeting, planning, and reporting.

Data integration

Reduce the risk of errors by eliminating manual data gathering from disparate accounting systems.

Centralized planning

Optimize your profitability with centralized planning throughout your healthcare network.

Next-Gen finance with Prophix One^™ 

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Forecast healthcare revenues with precision

Accurate short- and long-term revenue forecasting is crucial for financial success, whether it’s planned by clinics or service type. Prophix One lets you analyze historical trends for patient admissions, procedure volumes, and service demand, while also factoring in seasonality, regulatory changes, and insurance reimbursement adjustments. Facilitate scenario modeling, where teams can simulate the financial impact of changes in payer mix, patient demographics, and service line utilization.

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Maximize profitability with data-driven insights for healthcare success

Profitability is essential for healthcare businesses to survive. Prophix One empowers you to dive into your profits and pinpoint areas for potential savings or revenue expansion. Help uncover patterns in patient care, like which procedures or service lines are most profitable or where inefficiencies lead to decreases in revenue. Predictive analytics can forecast patient demand and streamline staffing, ensuring the right levels of staff and resources at peak times. This minimizes unnecessary labor costs while avoiding missed revenue from understaffing.

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Manage costs with increased controls and visibility

In healthcare, costs vary significantly on a daily basis. This makes it challenging to ensure you have the cash on hand to meet financial obligations. Prophix One centralizes all of your costs, so you can spot trends by region, department, service lines and individual procedures and leverage those insights to forecast future costs and expenses while preventing shrinking profits from cost overruns.

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Finance as we know it is changing

What does the next generation of healthcare financial software look like? Learn how to research, evaluate, and purchase budgeting and planning software. Check out the Ultimate Guide to Next-Gen Finance.

Hear from real customers

SummitStone Health Partners

Since implementing Prophix, SummitStone uses it for revenue and personnel planning, budgeting, and forecasting. Learn how Prophix One has improved data integration and provided deeper analytical insights, allowing their team to make informed, strategic decisions.

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WesleyLife

Since implementing Prophix, WesleyLife has improved access to real-time financial data, streamlined their budgeting process, and fostered a collaborative environment, improving communication on an organization-wide scale.

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UPMC

With Prophix, UPMC has stepped into the next generation of financial management, allowing them to perform intricate cost allocations and manage extensive client-level data with ease.

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TRUSTED BY OVER 2,500 Customers

Healthcare financial software

KPJ Healthcare Berhad

Prophix provides KPJ Healthcare Berhad with a single source of truth to further automate and optimize their financial consolidation process.

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Senior Living Group

With Prophix, Senior Living Group automated their financial processes to keep pace with their organization’s rapid growth.

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Mission Health

Mission Health got a 110% return on their investment with Prophix.

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Join 2,500+ customers who are transforming the office of the CFO

Made for finance leaders

Discover Prophix One and unlock your potential for success.

Budgeting & Planning

Budget and plan with greater speed, accuracy, and agility.

Budgeting & Planning

Forecasting

Easily create accurate forecasts that empower you to make better data-driven business decisions, faster.

Forecasting

Scenario Planning

Equip your business with the ability to plan, pivot, and change direction in dynamic markets.

Scenario Planning

Cash Flow Planning

Accurately project and monitor your organization’s cash flow.

Cash Flow Planning

Visual Analytics

Interactive visualisations provide context, measure performance, surface powerful insights, and accelerate decision-making.

Visual Analytics

Frequently asked questions

What is healthcare financial software:

Healthcare financial software is designed to streamline and enhance the financial management processes specific to the healthcare industry by helping organizations manage budgeting, forecasting, and planning, as well as monitor financial performance.

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