Strategic Product Budgeting

With Sunrise EPSi™ Strategic Product Budgeting, healthcare organizations can more easily forecast future spending based on patient-level utilization considered side-by-side with the organization’s strategic plan. Strategic Product Budgeting allows departments to create a more accurate operating budget, so they can better anticipate the impact of volumes, revenues, staffing and expenses for nursing and ancillary departments.

Using a single application, budgeters can load historical financial and patient data and identify products. Then, they can use sophisticated modeling to account for potential future changes in utilization and build out multiple budget scenarios and factor in variables. Departments can forecast monthly product cases up to 10 years, and the system remains flexible to analyze true utilization, revenue, labor and expense variances from month to month.

Fully integrated with a financial performance powerhouse

Strategic Product Budgeting 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. Strategic Product Budgeting works hand-in-hand with Budget Manager, Product Line Analyst, Productivity Manager, and the suite’s other advanced performance system modules.

Outcomes leadership from Eclipsys

Learn more about how Sunrise EPSi can help your healthcare organization take control of product budgeting to more efficiently and accurately forecast and manage revenue and 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.