![]() OnePlan simplifies and automates many of the most time-consuming and difficult elements of planning and budgeting, reducing time and effort by up to 50 percent. It breaks down the silos that exist within the traditional planning process, combining operating budgeting, variance reporting, long range and capital planning together in a single, powerful advanced planning platform.Ī Planning Approach that is Accurate, Efficient, Agile and AccountableĪs health systems continue to navigate fee-for-service while preparing for the next generation of full value-based payment, they must be able to plan and perform based not only on department verticals, but also horizontally across patient populations, service lines and payors. Instead of burning cycles on creating a budget that doesn’t hit the mark and they don’t believe in, providers and administrators can now be accountable for improving performance and better stewarding the finite resources of their organization and their community.” “In the same way that FinTech applications such as online banking and tax preparation services have simplified complex processes for consumers, OnePlan is an Advanced Planning Platform that radically streamlines the budgeting and planning process for hospitals. Unfortunately, many hospitals are still in the dark ages and budgeting and planning is not only a stunningly inefficient and ineffective process, it is also a source of enormous waste,” said Dan Michelson, Chief Executive Officer of Strata. “The most powerful tool any hospital has in controlling cost is ultimately their plan and budget. healthcare coming through healthcare providers, they are in a unique position to help reduce waste and better steward resources. According to a recent study in the Journal of the American Medical Association (JAMA), there is close to $1 trillion in waste per year in U.S healthcare. One benefit many are targeting is a reduction of waste in the system. To help address this combination of issues, close to 50 percent of healthcare providers are now moving to Advanced Planning - a radically more effective approach to planning, budgeting, forecasting and managing expenses.
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