Are you still using outdated and inaccurate cost report data?
Financial Monitor helps you:
- Understand how your gross margin, by payer, compares to peers
- Know if your cash collections are where they should be
- Identify how much money should be spent on marketing campaigns
- Discern if you have sufficient working capital to sustain reimbursement changes
- Benchmark Days Sales Outstanding (DSO’s) and AR Turnover rates
The new way to compare your agency's financial data without relying on cost reports. Understand your agency’s financial health with the Financial Monitor, created by Simione Consultants and OCS HomeCare. The Financial Monitor incorporates real-time detailed performance information that covers expense and cost items, revenue and profitability, efficiency and performance ratios, visit allocation, management of receivables, and more.
The Financial Monitor is a series of financial performance reports that are appropriate for use with a wide variety of stakeholder groups, including agency management, your Board of Directors, or outside investors.