New forecast methods for IP_Census

Why use this feature

If your organization uses plan files at a level higher than RFGroups, you now have additional forecast methods to choose from when using the IP_Census calculation method to drive your revenue and expenses.

How this feature works

What: The IP_Census calculation method is generally used for forecasting at the entity level. This calculation method has been enhanced to provide more options for entity-level forecasting in the Revenue and Expenses sections of the plan file Forecast worksheet. The following have been added for the listed calculation methods:

Calculation methods New options

Patient Revenue

Patient Revenue Net Per Unit

IP Admits\Discharge

CMI Inpatient Admissions

Expense

Salary

IP Admits\Discharge

IP Admits\Discharges Adj

CMI Inpatient Admissions

Where: This change applies to the statistics drop-downs in the Forecast Method column for the Patient Revenue section and the Expenses section of the Forecast worksheet in the plan file template.

Who: This feature is available to all users who have plan file access.

How: Open the desired plan file. In the Patient Revenue section Expenses section of the Forecast worksheet, select the desired forecast method. Save your work.

Where to find more information

The following topics in the online help have been added or updated with information and instructions for using this feature: