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Sage Intacct for Health Care
Enhanced Visibility and Privacy Protection for Health Care Businesses
In the health care industry, it can be an incredible effort to keep up with day-to-day financial management tasks, not to mention long-range planning. Multiple locations and continued growth can add even more complexity. All the while, strict requirements for patient confidentiality must be met.
Sage Intacct, a cloud-based accounting software, can help companies operating in the health care sector meet these challenges head on. Sage Intacct offers security safeguards that are certified HIPPA-compliant, as well as an advanced audit trail module. As health care companies handle everything from accounts payable and accounts receivable to reporting and the general ledger, all patient privacy concerns are covered. No other cloud financial vendor will sign a Business Associate Agreement with eligible companies in the health care industry.
With Sage Intacct, health care companies can create dashboards and reports that show a clear financial picture, from broad views to health-care specific key performance indicators (KPIs). This financial and operational information can offer insight on cost-saving measures and greater efficiency.
With Sage Intacct, health care businesses can:
- Manage multiple entities and allow for greater visibility into patient profitability and physician performance across entities
- Automate processes to save time on daily tasks and speed up monthly closes. For example, when employees enter expense reports or invoices, journal entries are automatically added
- Create customized reports focused on specialty and department
- Pull in data from medical billing systems
- Save money on by avoiding the costs of additional staff