Transcript
Page 1: Oracle EPM Cloud for Midsize Customers

Celebrating twenty years of Integrated Business Analytics Solutions

ENTERPRISE PERFORMANCE MANAGEMENT | BUSINESS INTELLIGENCE | BIG DATA

Page 2: Oracle EPM Cloud for Midsize Customers

ENTERPRISE PERFORMANCE MANAGEMENT | BUSINESS INTELLIGENCE | BIG DATA

Cloud Showcase: Brookdale University Hospital and Medical Center

Page 3: Oracle EPM Cloud for Midsize Customers

Agenda

• Speaker and Customer Introductions• Business Background• Business Challenges• Project Mandate and Goals/Why PBCS• Implementation Approach• Current Status/Phase I Benefits• Project Timeline• Next Steps• Closing and Q&A

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• DollyAnn Yorke – Vice President, Budget and Reimbursement4 years with Brookdale Hospital Medical Center21 years in Healthcare Budget, Reimbursement, Financial Planning and Chargemaster

Cherisse Worlds – Healthcare Lead2.5+ Years with Edgewater Ranzal17+ Years in Healthcare Industry Experience/9+ Years working with the Oracle/Hyperion TechnologyCertified in Business Intelligence and Analytics with implementation experience in various areas of healthcare including budget and forecasting, productivity, statistics, and costing.Focused on Developing Foundation/Accelerated Solutions for Providers and Payers

Speaker Introductions

Page 5: Oracle EPM Cloud for Midsize Customers

• The Brookdale Hospital Medical Center is a nonprofit 501(c)(3) medical services provider that is a critical part of the healthcare delivery system in the borough of Brooklyn, in New York City.

• Opened in 1921 as a single facility with basic healthcare capability.• During the last 95 years Brookdale has become a full-service teaching

hospital campus including:  inpatient care, ambulatory care, long-term care, senior living, and emergency medicine.

• 530 certified acute-care beds

Customer Introductions

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• Large presence of excel models to facilitate budget

• Data transparency

• Accountability and Ownership

• End-user self-sufficiency

• Time and effort

• Reporting

Business Challenges

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• Replace the Brookdale existing excel Budgeting process and add the capability of actual monthly

reporting for variance analysis.

• Simplify the budget process with the goal to shorten the timeline

• Implement a system that was transparent across the organization, uses standardized budget

assumptions, and simultaneously enables budget change tracking

• Implement a system that is intuitive and user-friendly

• Provide a system that Brookdale can build upon in the future – a system that the administration team

can make changes to and modify on their own using out of the box functionality with little to no IT

involvement

Project Mandate and Goals/Why PBCS

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• Little to no IT involvement for initial rollout

• Finance team handled updating dimensionality and

loading data

• Rollout to roughly 80 users

• Budget and some operation reporting was created

for more Enterprise type reporting

• Brookdale already looking forward based on initial

use of system and what they can do next

Implementation Approach

PBCS

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• Planning solution that delivered the means to plan Operational/Labor expenses and Revenue based

replacing complex excel spreadsheet models and manual process

• Cloud based planning system

• Delivery flexibility

• Data transparency

• Positive End User Acceptance

• Enterprise wide reporting system:

• Actual to Budget reporting analysis

• End-user adhoc reporting

• Monthly Operating Packages

Current Status/Phase I Benefits

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Project Timeline

Analysis & Design

• Aug 30 – Sep 13

Build• Sep 13 – Nov 8

Test• Nov 15 – Nov 29

Rollout• Nov 29 – Dec

06

Go-Live Support

• Dec 6 – Dec 20

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Team Composition

Executive SponsorCFO

VP, Budget & Reimbursement

HC Lead

Remote PBCS Consultant

Financial Analyst Finance Manager

HC Practice Director

Asst. Director Reimbursement

Steering CommitteeAccounting, Operations

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• Continued Budget Enhancements• Refine Labor Process• Expand End-User Ownership

• Continued Reporting Enhancements• Full Implementation of Monthly Reporting Packages• Monthly Budget Variance Analysis and Justifications

• Service Line Analytics with EPIC Integration

Next Steps

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Questions?

Dolly Ann Yorke, Vice President, Budget & Reimbursement , Brookdale [email protected] Worlds, Healthcare Lead, EP&A Practice, Edgewater Ranzal [email protected]

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6 Conference Sessions. 3 Lunches. 1 Happy Hour! Join Us.

− LUNCH N LEARNS @ the Thirsty Bear, 11:45-1:00 pm

− Mon: Cloud Showcase Featuring Universal Health Services and Brookdale Hospital

− Tues: MasterCard Worldwide Drives Performance Using Oracle HPCM

− Wed: Terumo Medical: Integrated Business Analytics at its Best!

− Register for Lunches or Tuesday night Happy Hour @Southside Spirit House @[email protected].

− RANZAL KIOSK, Moscone West, 3rd Floor

We're giving away Apple watches and TVs, wireless headphones, Bluetooth speakers, and much more!

Receive an entry every time we see you - sessions, lunches, happy hour, and at our EPM kiosk #10

− CONFERENCE SESSIONS− Universal Health Services Presents:

Monday, 9/19, 1:45pm - 2:30pm, Moscone West - 3018Oracle Enterprise Performance Management on Premise and in the Cloud:  Taking a Hybrid Approach

− MasterCard Presents:Monday, 9/19, 3:00pm - 3:45pm, Moscone West - 3020Customers Present - Profitability and Cost Management

− Ranzal Presents:Wednesday, 9/21, 11:00am, Moscone West - 3rd FloorUnderstanding Cloud Strategies:  On Premise, Cloud, and the Hybrid Approach

− TransRE Presents:Thursday, 9/22, 9:30am - 10:15am, Moscone West - 3020Introduction and Update:  Oracle Hyperion Financial Close Suite

− Brookdale Hospital Presents:Thursday, 9/22, 1:15pm - 2:00pm, Moscone West - 3018Brookdale Hospital's Journey to the Cloud

− PPG Industries & Trinity Health Presents:Thursday, 9/22, 1:15pm - 2:00pm, Moscone West - 3024Customers Present - PPG Industries Simplifies with DRM


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