FIRM360, a new financial risk management toolkit, was introduced by HFA Partners for healthcare providers this week, according an HFA Partners news release.
FIRM360 helps identify, quantify, mitigate and monitor financial risk hidden in different parts of the balance sheet, including debt, swaps and investments. These risks can have a significant impact on financial position, credit ratings and access to funding, yet many hospitals lack the proper tools to measure and manage them.
The toolkit is based on proven enterprise risk management methodology, according to the release.
Learn more about FIRM360.
Read more about healthcare information technology:
-Study: 40% of Hospitals Plan to Invest in Health IT Solutions
-Government Health IT Panel Develops Quality Measures for Stage 2 Meaningful Use
-Indiana Attorney General Files Lawsuit Against WellPoint Over Data Breach
FIRM360 helps identify, quantify, mitigate and monitor financial risk hidden in different parts of the balance sheet, including debt, swaps and investments. These risks can have a significant impact on financial position, credit ratings and access to funding, yet many hospitals lack the proper tools to measure and manage them.
The toolkit is based on proven enterprise risk management methodology, according to the release.
Learn more about FIRM360.
Read more about healthcare information technology:
-Study: 40% of Hospitals Plan to Invest in Health IT Solutions
-Government Health IT Panel Develops Quality Measures for Stage 2 Meaningful Use
-Indiana Attorney General Files Lawsuit Against WellPoint Over Data Breach