In this brief and insightful demonstration, we introduce how healthcare organizations can use and potentially benefit from the Solver extended financial planning and analysis (xFP&A) solution. The video walks through key capabilities of Solver, emphasizing how it can strengthen reporting and planning by integrating financial and non-financial data into a unified, cloud-based platform.
What Is Solver?
Solver is a suite of cloud-based xFP&A tools that can automate reporting and planning processes. It features a robust data warehouse, Excel-based report design, and seamless Power BI and Tableau integration, making it a powerful software solution for healthcare organizations seeking to streamline operations and accelerate decision making.
Why xFP&A Matters in Healthcare
Solver xFP&A goes beyond traditional financial metrics to include operational and clinical data, which are critical for strategic planning, patient care, and organizational growth. By unifying disparate data sources, Solver can be used to help healthcare leaders gain a holistic view of performance and make informed decisions.
A Focus on Non-Financial Data & Planning
While several tools can help healthcare organizations create robust financial reports—including Solver—this demo focuses on non-financial data, which is often underutilized but essential for planning, growth, and improving patient outcomes. This type of data can provide critical insights that can support strategic decision making and enhance patient care.
Reports Demonstrated in the Video
- Revenue Report – Providing a high-level overview
- Monthly Charge Summaries – Breaking down charges by insurance company, physician, revenue group, and more
- Monthly Billings by Biller – Showcasing billing performance by individual billers
These reports can be fueled by data pulled from multiple sources, including electronic health records (EHR), accounting, payroll, and materials management systems.
Additional Video Highlights
- Drill-down capabilities for detailed information
- Easy-to-understand summaries with tables and charts
- Integration with Power BI and Tableau for dynamic dashboards
- Use of Solver’s data warehouse as a single source of truth
How Forvis Mazars Can Help
Solver xFP&A can help healthcare organizations bring together financial, operational, and clinical data to support effective planning and reporting. Its cloud-based architecture, intuitive Excel-based design environment, and integration with Power BI and Tableau make it well suited for organizations managing data across multiple systems—from EHRs to payroll and materials management.
At Forvis Mazars, our Business Technology Services team works with healthcare providers to implement Solver in ways that reflect the realities of their operations. Whether the goal is to improve visibility into revenue trends, streamline charge summaries, or support planning with non-financial data, we can help healthcare leaders use Solver to generate insights that matter.
To explore how Solver xFP&A can support your organization’s goals, connect with us today.
Related Content
- Case study: Crossroads Hospice Leverages Business Central & Solver for Greater Impact
- Related article: Advanced Financial Planning With the Solver xFP&A Suite
- On-demand webinar: Creating Healthcare Insights With Solver & Power BI