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Fiscal Sectors - Healthcare

Protection from unnecessary financial loss is key to your success

The need to reduce costs and find efficiency gains in the financial operations of healthcare providers is greater than ever before - the pressure to take out cost and protect against improper payments and fraud increases every year.

Providers need to raise internal awareness that as systems are changed and processes are updated in and adjacent to the finance team, the risk of undetected erroneous payments increases, and fraudsters can take advantage of the lack of clear insight.

Drivers that increase risk and fraud in healthcare finance departments include;

  • Adopting new technologies to improve efficiency
  • Pressure on finance budget and headcount
  • Changing purchasing and supplier invoicing patterns
  • Increasing process automation and staff cuts reduce human oversight
  • Master vendor file added to often but cleansed infrequently

FISCAL solutions use forensics and artificial intelligence to check every transaction with a battery of tests that identify possible errors, compliance issues or fraud. Armed with this insight, public and private healthcare providers can protect their supply chain, safeguard working capital and reputations, drive cost efficiencies and protect margins.

Our healthcare customers include

Baptist Health South Florida

Allscripts Healthcare Solutions

Beacon Health Systems

Guy's and St Thomas' Hospital

"The reporting facilities are very exciting to us. There is simply no hiding now, the reports and dashboards show us clearly where the problems are."
Baptist Health South Florida

Over 15 years, FISCAL has built up an in-depth understanding and appreciation of how the healthcare sector need to protect organizational spend.

To find out how you too can benefit, contact FISCAL Technologies here to discuss a no-cost, no-risk demonstration of the protection enjoyed by over 250 organizations.

Explore healthcare solutions

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genuine insight about our solutions.

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Case Study: 
Baptist Health South Florida

Successfully safeguarding from lost profits and potential fraud.

Download Case Study

Interested in a no-cost, no-obligation Forensic Finance Risk Review?

Reveal the real risks and threats to your
financial security.

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