Health

Optimum Financial Statement Toolkit™ Recently Released by HealthTechS3 Improves Data Available to Rural and Critical Access Hospitals

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BRENTWOOD, Tenn. (PRWEB)

HealthTechS3 announces the release of a cloud-based technology solution that allows chief financial officers, vice presidents of finance, controllers and other financial leaders to have more robust data and reporting available and delivered in a manner that is easily usable for their environment.

HealthTechS3 is a managed hospital company that has driven performance within rural and critical access hospital for close to 50 years. Through collaborative relationships with distinct operational area leaders in our hospitals, we released the Optimum Productivity Toolkit™ related to productivity measures in the last 5 years. Due to its utilization and the increasing demand for financial information in an unstable COVID economy, we re-scoped our technology solution to address a different set of needs.

The Optimum Financial Statement Toolkit™ is a simple, easy-to-use, and cloud-based tool that generates a complete financial statement designed specifically for distribution to hospital leadership, board members, or other leaders receiving completed financial statements. Additionally, clients have access to HealthTechS3’s financial and revenue cycle comparative database reports.

“The financial toolkit is a must-have professional and concise program for financial reporting. Board of Trustees find the package comprehensive and easy to understand, with the benchmark indicators and trending data helpful in the decision process,” states Neil Todhunter, president of HealthTechS3. “As a former hospital CEO and now the partner to many CEOs, I find this solution helpful and intuitive.”

HealthTechS3 is an award-winning healthcare consulting and hospital management firm headquartered in Brentwood, Tennessee with clients across the U.S. We are dedicated to the goal of improving performance, achieving compliance, reducing costs and ultimately improving patient care. Leveraging consultants with deep healthcare industry expertise, HealthTechS3 provides actionable insights and guidance that supports informed decision making and drives efficiency in operational performance.

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