More Healthcare Organizations Choose Sage Intacct
Real time Data, Metrics, And Reports, Available Anywhere, Anytime
Sage Intacct is the #1 cloud financial management system for data-driven, growing healthcare organizations.
Sage Intacct is certified as HIPAA- and HITECH- compliant, and it's the only accounting software endorsed by the AICPA.
“The powerful visibility we have in Sage Intacct has really improved our overall financial performance. We especially value Sage Intacct's dimensions capability, which easily lets us tag transactions in order to group, compare, and analyze our data by customer, by clinic, by territory, or even by clinic type”
Jay Jackson, Chief Financial Officer, Care ATC
10 Reasons Healthcare Organizations Choose Sage Intacct:
Reason 1: We’re experts in finance and healthcare
Our employees not only speak the language of healthcare, we’re finance experts as well. In fact, 85% of our professional services staff are CPAs or former CFOs. When you embark on a project, you won’t have to waste time explaining accounting concepts to us—Sage Intacct implementation teams are staffed with deep finance experts.
Reason 2: We’re HIPAA compliant and will sign a BAA
Keeping patient information protected means protecting all of it—including the PHI in your accounting system. With Sage Intacct’s Advanced Audit Trail, you are protected. Exposing your healthcare organization to HIPAA violations comes with potentially severe consequences, from civil and monetary penalties of $50,000 to $1.5 million per violation, criminal liability, class action lawsuits, not to mention the damage to your reputation.
Reason 3: We’ve built healthcare-specific functionality
For healthcare finance teams to be successful, key performance indicators (KPIs) must be utilized to understand the true health of the organization. Vital healthcare KPIs can include cost or revenue per treatment or patient, revenue or expense per location or referral, and P&L by contract, budget, or location. The secret to our success? Analyzing the clinical, operational, and financial data.
Reason 4: We’re a leading technology provider that was born in the cloud
We have over 20 years of cloud experience as an early innovator in cloud financials. Sage Intacct was born in the cloud and continues to lead the industry with cutting edge technology such as artificial intelligence and machine learning. Our cloud-native suite is the go-to platform for some of the industry’s largest and leading healthcare organizations.
Reason 5: We’re peer reviewed by the Healthcare Financial Management Association
Sage Intacct earned the designation,” Peer Reviewed,” by the Healthcare Financial Management Association (HFMA), the nation’s premier professional organization for healthcare finance leaders. We are the only COre FInancial Management System with this designation, and sit among a select group of high-value, high-quality healthcare business solutions that have earned customer trust. W
Reason 6: We’re proven to help healthcare companies grow
- Improved finance team productivity by over 35%
- Increased time dedicated to analysis by 300%
- Achieved overall cost savings of $1M annually via better spend analysis
- Shortened the monthly close by 40%
- Reduced financial software TCO by $300,000
Reason 7: TrustRadius, G2, and analysts recognize us five years in a row
Sage Intacct named a Leader by the IDC MarketScape in Worldwide SaaS and CloudEnabled Midmarket Finance and Accounting Applications.
Sage Intacct named a Major Player in the IDC MarketScape for Worldwide SaaS and Cloud PSA ERP Applications
Reason 8: We’re the first and only preferred provider of the AICPA
Sage Intacct is the first and only Preferred Provider of the American Institute of Certified Public Accountants (AICPA)—not only does the AICPA set the professional and technical standards for the CPA profession, it is also the largest member association in the world, with over 431,000 members in the US and abroad.
Reason 9: We’re the only vendor with a Buy with Confidence guarantee
- Improved finance team productivity by over 35%
- Increased time dedicated to analysis by 300%
- Achieved overall cost savings of $1M annually via better spend analysis
- Shortened the monthly close by 40%
- Reduced financial software TCO by $300,000
Reason 10: Our Customers for Life program
We understand that one size does not fit all, and we partner with you to understand what success means for your healthcare organization. Our teams—from Professional Services to Education Services to Customer Success and Support—are here to assist you during your entire customer journey, to help ensure that Sage Intacct serves your organization’s needs now and into the future.
Video: The Best of Sage Intacct for Healthcare Organizations:
Learn More About Why Sage Intacct is Valuable to Healthcare Organizations:
Change Can Be Challenging
Whether you are a small, independent physician’s practice, a growing multispecialty organization, or a large health system, Sage Intacct’s cloud-based, HIPAA-compliant accounting solution is with you every step of the way.
Further, our Customer-for-Life culture means doing right by our customers is in our DNA. We partner with you for the long term to help you achieve positive outcomes for your business - and your patients.
Are You a Healthcare Organization Considering a New Accounting System?
As a finance leader, you understand that moving to a new accounting system is a big undertaking. If you are considering moving to a new accounting system now or in the future, make sure you know the answers to these three questions.
- Can I store, process, or transmit protected health information (PHI) in the system?
You may wonder what health information would be stored in an accounting system, but many healthcare organizations include patient names in financial records which may subject their accounting system to HIPAA requirements. Make sure you ask all vendors if their system offers specific functionality and assurances that your PHI data will be protected. - Will you sign a Business Associate Agreement (BAA)?
A Business Associate Agreement, or BAA, is the contract you need your vendor to sign that spells out specifically what the vendor (the “business associate”) has been engaged to do with the PHI and the standards of protection for that PHI. Be wary of any vendor that won’t agree to sign a BAA. - What options do I have if I need HIPAA-compliant cloud financials?
If you are a healthcare organization whose financial system must comply with HIPAA, you need to have confidence that
