Capital Budget Manager

Anticipating how much money a complex healthcare organization will need for its capital investments in the near-and long-term future can be a tricky proposition, and one that is nearly impossible to accomplish with full accuracy. As the budgeting process begins, hospitals often struggle with how to realistically weigh capital requests against the countless other budgetary pressures they face.

Sunrise EPSi™ Capital Budget Manager from Eclipsys helps hospitals streamline the capital budgeting process and drive accuracy. By bringing together a wide range of data from different departments and systems, the Web-based Capital Budget Manager helps managers more easily forecast spending based equally on patient-level utilization and the organization’s strategic planning. Flexible workflow allows hospitals to build a custom evaluation process for scoring and ranking capital requests.

Capital Budget Manager includes:

• Automated approval paths that allow department managers to submit requests, track their approval status, and see the capital expenditure amount as it is granted
• Custom evaluation driven by user-defined categories (project type, financial type, priority level, etc.), ensuring requests contain the right information for efficient review
• Built-in workflow, including individual user edit capabilities
• Advanced review options allowing users to view, sort and filter on any criteria
• Ability to track actual capital purchases from the fiscal year down to the invoice level of detail

Fully integrated with a financial performance powerhouse

Capital Budget Manager shares a single database with all the modules of Sunrise EPSi, providing healthcare organizations with an arsenal of integrated performance management tools that are even more powerful when they work together. Capital Budget Manager works hand in hand with Budget Manager, Product Line Analyst, Strategic Product Budgeting, and the suite’s other advanced performance management modules.

Outcomes leadership from Eclipsys

Discover how Sunrise EPSi can help your healthcare organization take control of capital budgeting to more efficiently and accurately forecast and manage capital spending for real, measurable financial outcomes. Learn more about our outcomes leadership or contact us today to get more information and schedule a demo with an Eclipsys representative.