Outpatient Revenue Planning

With the wide range of services offered at your healthcare practice or hospital, accurate outpatient revenue planning is crucial for operational efficiency and smooth day-to-day operations management. Prevent revenue shortfalls, clinical staff underutilization, and appointment gaps by planning outpatient revenue in Prophix One FP&A Plus.

By integrating historical data on patient visits, payer mix, reimbursement rates, and service utilization, while managing key assumption variables like appointment volumes, procedure mix, and average reimbursement per visit, you can create actionable sales and operations plan to effectively guide your practice.

Prophix One’s collaboration features streamline the process of gathering insights from financial, clinical, and administrative teams, whether adjusting for seasonal fluctuations in patient volumes or accounting for regulatory changes that may affect billing and reimbursement. By aligning these teams, you ensure smoother appointment scheduling, optimized resource use, and maximized outpatient revenue.

From preparing for routine patient visits or managing anticipated spikes in demand, you’ll have the ability to create a robust outpatient revenue strategy alongside your inpatient revenue planning and operational cost planning in Prophix One FP&A Plus.

In addition, managing your revenue plans in FP&A Plus ensures that forecasts are always aligned with the organization’s overall financial goals such as improving cash flow with accurate billing forecasts or ensuring adequate clinical staffing. Now, you’ll be able to anticipate and respond to the evolving demands of the healthcare industry.