Healthcare finance leaders deal with complex challenges like regulatory compliance, multiple revenue streams, and the constant need for efficiency. Accurate, secure financial data management is essential to supporting patient care and helping organizations grow.
Healthcare organizations pick Sage Intacct because it scales easily, is built for the cloud, and has features designed for healthcare’s unique needs. Its cloud-based setup enables organizations to scale without worrying about maintaining additional infrastructure.
Sage Intacct provides a complete financial ERP solution for healthcare organizations, offering compliance, automation, and scalable financial management to meet their specific challenges.
Why Healthcare Finance Leaders Choose Sage Intacct for Healthcare Financial Management
Healthcare organizations choose Sage Intacct because it is the only healthcare accounting software preferred by both the American Institute of Certified Public Accountants (AICPA) and the Healthcare Financial Management Association (HFMA), showing its credibility and trust. This peer-reviewed software combines strong financial management tools with a cloud-based platform built for healthcare needs.
Whether you’re a growing organization or a specialty care provider, Sage Intacct gives finance teams real-time financial visibility and smoother operations.
Compliance and Security
Sage Intacct is a HIPAA-compliant financial management system with strong security safeguards certified by Avertium (formerly Sword & Shield). It protects health information using advanced audit trails that track access and changes to financial and clinical data. Eligible healthcare clients can sign Business Associate Agreements (BAAs) with Sage Intacct, which is an important step for HIPAA and HITECH compliance. These features help organizations comply with strict regulations and maintain transparent financial operations.
Sage Intacct also includes features that help organizations comply with healthcare regulations and industry standards.
Multi-Entity and Multi-Location Accounting
Managing finances across different locations, like hospitals, clinics, and surgery centers, can be complicated for healthcare organizations with multiple entities. Sage Intacct makes this easier by automating financial consolidation, so leaders can quickly and accurately create consolidated financial statements.
Each location can keep its own chart of accounts and bank accounts, while user permissions roll up to a corporate view, making it easier to control and scale as the organization grows.
Real-Time Insights and Dashboards
Sage Intacct offers real-time dashboards that give instant access to key metrics like cash flow, accounts receivable, staffing costs, and department profitability. These dashboards combine financial and operational data, helping healthcare leaders make informed decisions to improve finances and patient care.
With Sage Intacct’s dimensional accounting, you can track and report financial metrics by department, service line, location, or grant.
Real-time financial visibility helps finance teams quickly respond to changes in reimbursement or patient access, which improves overall operations.
Integration with Clinical Systems
Sage Intacct integrates smoothly with EMR and EHR systems, bringing clinical and financial data together in one place. This integration streamlines revenue processes by matching patient data with financial transactions, cutting down on manual work and errors.
By connecting clinical outcomes with financial performance, organizations get a complete view to support both patient care and financial planning.
Automation and Efficiency
Sage Intacct includes automation features like automated revenue recognition and cost allocation, helping finance teams cut out manual work and improve accuracy. Automated workflows handle routine tasks like accounts payable and receivable, so teams can focus on bigger projects.
This efficiency leads to faster month-end closes, better grant compliance, and improved financial reporting.
Grant Compliance and Reporting
Nonprofit healthcare organizations benefit from Sage Intacct’s strong grant compliance and reporting tools. The software tracks grant funding and spending in detail, making it easier to stay transparent and meet funding rules.
Automated reports help prepare financial statements and regulatory documents, so organizations can stay compliant and use funds wisely.
Financial Strategy and Planning
Today’s healthcare environment is changing fast, and having a solid financial strategy is key to great patient care and smooth operations. Managing healthcare finances can be tough, but Sage Intacct gives your finance team a complete management platform to handle these challenges. By bringing together your clinical and financial data, Sage Intacct helps you make smart, data-driven decisions that boost your financial performance and support your organization’s growth.
With real-time access to your financial and operational data, you can spot ways to improve your revenue cycle, control costs, and boost cash flow. Sage Intacct’s strong financial system helps you build and carry out a strategy that fits your organization’s goals, whether you run a clinic, a senior care company, or a multi-entity healthcare group. Flexibility like this is essential to stay competitive today.
Sage Intacct is the only healthcare accounting software endorsed by the Healthcare Financial Management Association (HFMA), showing its commitment to helping your organization reach its financial goals. Its advanced audit trails and security features keep you HIPAA compliant and protect patient data, giving you peace of mind. Security and compliance are key to maintaining trust and protecting your financial and clinical data.
Sage Intacct’s financial management tools let you manage multiple entities, track data, and analyze key metrics like accounts receivable, accounts payable, and cash flow. Automated revenue recognition and support for different reimbursement models help your team work more efficiently and see financial data clearly. This automation cuts down on errors and lets your team focus on bigger projects that improve financial health and patient care.
Your healthcare organization also gets access to a network of certified public accountants and industry experts, so you have the support you need to handle complex financial management. Whether you’re managing financial statements for several entities or analyzing data to guide decisions, Sage Intacct gives you the tools and insights for success. Simply put, it’s built to help you succeed in today’s challenging healthcare world.
Measuring ROI with Sage Intacct
Healthcare organizations that use Sage Intacct often see a clear return on investment by working more efficiently, reducing manual tasks, and gaining better financial visibility. Many leading organizations have chosen Sage Intacct to improve financial management and support growth.
Many healthcare organizations say the software pays for itself in less than six months. They have improved patient outcomes by using Sage Intacct to support better financial and operational strategies.
But don’t just take our word for it! Sage Intacct has been named a leader in customer satisfaction for ERP systems by G2.
Conclusion
Sage Intacct healthcare accounting software is a trusted, HIPAA-compliant solution that brings together strong financial management, real-time visibility, automation, and easy integration with clinical systems. It helps growing healthcare organizations streamline processes, stay compliant, and improve financial performance, while supporting better patient care.
Connect with Atlantic to learn how Sage Intacct can transform your organization’s financial operations and support your finance team.
