Introduction
The healthcare industry is evolving rapidly with increasing regulatory demands, fluctuating patient volumes, and ongoing pressure to optimize costs while delivering high-quality care. To navigate this complexity, healthcare providers need more than just technology. They require smart planning, quick decisions, and clear results. For Finance Teams and Budget Controllers, this means having the ability to perform real-time variance analysis and KPI-based reporting to uncover cost-saving opportunities and drive strategic financial planning. These capabilities are essential not only to manage today’s budgets but also to chart a financially sustainable path for the future.
For Finance Teams and Budget Controllers, this means having the ability to perform Real-Time Variance Analysis in Healthcare Finance and KPI-Based Reporting for Healthcare Finance to uncover cost-saving opportunities and drive strategic financial planning. These capabilities are essential not only to manage today’s budgets but also to chart a financially sustainable path for the future.
That’s where Oracle EPM in Healthcare becomes a game changer. But tools alone aren’t enough. At Orbrick, we believe in a “People + Process + Platform” approach and go beyond system implementation, we enable healthcare institutions to unlock the full value of Oracle Enterprise Performance Management Healthcare through strategic execution, data-driven insights, and a deep understanding of the healthcare domain.
What sets us apart is our industry-focused delivery approach. Our team brings not only EPM expertise, but also hands-on experience across the entire Oracle ecosystem; including ERP Financials, SCM, HCM, Technology, CRM, OAC, OCI, and OIC. This means that when cross-functional alignment is needed, we’re fully equipped to deliver seamless, best-practice solutions that span across platforms and functions.
At Orbrick, we’re not just implementation partners, we’re your trusted advisors in healthcare transformation, committed to helping finance and business teams achieve tangible, long-term outcomes.
In this blog, we will explore the best practices for implementing Oracle EPM in the healthcare, highlighting key benefits, and showcasing success stories.
Why Oracle EPM in Healthcare?
Healthcare providers have already modernized their ERP systems, leveraging advanced fusion instances for efficient day-to-day operations. This transformation has laid the foundation for the next crucial step: optimizing their financial transformation Healthcare Financial Planning with Oracle EPM. By integrating EPM alongside their current ERP framework, healthcare organizations can achieve unparalleled financial agility, enabling them to forecast more accurately, streamline budgeting processes, and align resources effectively in the ever-changing healthcare landscape.
Oracle Enterprise Performance Management Healthcare is more than a planning tool. it’s a strategic enabler across financial planning, workforce modelling, capital budgeting, profitability analysis, and reporting. Here’s how it addresses real-world healthcare challenges:
Key Healthcare Challenges & EPM-Driven Outcomes
We’ve mapped 6 real-world healthcare finance challenges with their EPM-enabled solutions and tangible outcomes. Here’s how Oracle EPM in Healthcare can move the needle for your organization:
1. Volatile Revenues
Fluctuating reimbursements, changing payer mixes, and unpredictable patient volumes
Dynamic revenue and cost modelling by service line, department, and payer
Impact:
- 15–25% faster budgeting cycles
- 20–30% improvement in forecast accuracy
- Enhanced cash flow management through real-time scenario planning
2. Workforce Planning & Cost Control
Balancing labour costs with optimal patient care
Workforce Planning & Cost Control in Healthcare using integrated modeling of staffing needs vs. actual headcount and contracts.
Impact:
- 10–15% savings in overtime
- Improved staff-to-patient ratio planning
- Automated insights on recruitment and attrition trends
- Up to 30% gain in operational efficiency
3. Managing Capital Expenditures
Difficulty prioritizing and tracking return on large investments
Cap-Ex prioritization aligned to ROI and patient outcomes
Impact:
- 25% reduction in budget overruns
- Automated ROI tracking and funding source visibility
- Cross-functional collaboration on investments
4. Service Line Profitability
Lack of transparency into true cost-to-serve
Dynamic Revenue and Cost Modelling through Oracle PCM for direct and indirect cost modeling by treatment and department.
Impact:
- Clear margin visibility
- 10–20% profitability improvement in underperforming departments
- Smarter service rationalization decisions
5. Regulatory Reporting & Compliance
Meeting stringent reporting timelines and standards
KPI-Based Reporting for Healthcare Finance with real-time reporting, audit trails, and automated consolidation.
Impact:
- 60% reduction in board report preparation time
- Improved compliance with HIPAA, CMS, IFRS, GAAP
- Enhanced accuracy and data traceability
6. Faster Financial Close Cycles
Manual, long, error-prone consolidation processes
Oracle FCCS for automation and traceable close processes
Impact:
- 35–50% faster financial close
- 15–25% reduction in reconciliation costs
- Significant improvement in accuracy and compliance scores
These metrics aren’t just numbers, they’re a testament to the transformative potential of Oracle EPM in Healthcare. As the healthcare industry faces unprecedented challenges, such as tighter budgets and increased regulatory demands, leveraging the right performance management tools is more critical than ever.
Beyond Technology: The Orbrick Difference
At Orbrick, we don’t stop at implementation. We’re focused on real business outcomes, delivering value through our unique approach:
| Traditional Approach | Orbrick Way |
| Generic system rollout | Industry-specific implementation |
| Tech-first thinking | Business-outcome-first approach |
| Silos between modules | Cross-platform expertise across ERP, HCM, SCM, OAC |
| Vendor-client dynamic | Long-term strategic partnership |
Ready to Elevate Your Healthcare Performance?
Let’s explore how Orbrick can help your organization move beyond systems and toward sustainable transformation.
Reach out to schedule a discovery session and learn how we can support your Healthcare Financial Planning with Oracle EPM goals.
Saurabh Kabra is our Executive Director and responsible for ME business as well as the Enterprise Performance Management practice. To speak to Saurabh directly, you can book time with him here by selecting EPM.
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