HCA Healthcare, one of the largest healthcare systems in the United States, faced a significant challenge. Supporting thousands of sites of care required a robust accounting environment. However, as the organization grew and centralized its operations, its legacy reconciliation tool created bottlenecks, demanded extensive manual effort, and limited visibility.
In this client success story, see how Forvis Mazars and Trintech worked with HCA Healthcare to implement Cadency. This modern financial close and reconciliation platform was introduced to help drive standardization, automation, and real‑time insight across the enterprise, all while maintaining day‑to‑day operations.
Delivering Measurable Results
The strategic shift to a modern financial platform helped deliver significant improvements in scale, efficiency, and governance.
Key results include:
- Successful replacement of a 20+ year legacy reconciliation tool
- Standardization of thousands of account reconciliations
- Up to 50% automation achieved through Dynamic Account Maintenance rules
- Up to 60% time savings for accounting teams, freeing them for higher-value work
Ready to enhance your organization’s financial close process? Connect with a professional at Forvis Mazars for guidance tailored to your needs.