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Getting a handle on analytics
for strategic success

 

In the current economy, it is more crucial than ever for healthcare financial executives to identify and manage the metrics that determine strategic success.

AT A GLANCE
To ensure that their organizations achieve operational
and strategic success, healthcare CFOs should:

  • Focus on metrics that are most clearly associated with strategic success.
  • Build synergy and management effectiveness into reporting processes by integrating measures for compliance, performance, and risk management.
  • Target the precise levers within and outside the organization that offer the greatest potential for success at the least cost.
  • Reduce time to results and manage risk by
    implementing frameworks within 90 days.

ABOUT THE AUTHOR:
Michael G. Brooks is vice president of business development, Visual Mining, Inc., Rockville, MD.

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Quote: The National Research Exchange