Congratulations to the Commercial Finance Team at Barwon Health, who received the Highly Commended Award for Innovation at the 2024 Healthcare Financial Management Association (HFMA) Awards! Barwon Health is one of our key clients in Victoria, Australia who kindly namechecked CBS – Health Costing Experts and our innovative reporting and analytics product, FocusPro.

Deputy Chief Financial Officer at Barwon Health, Jordon Beale says,

"Nearly a year ago, the Commercial Finance Team embarked on a mission to enhance the efficiency of month-end reporting and analytics …. Collaborating seamlessly with our esteemed colleagues at Costing and Business Solutions (CBS), we have pioneered the development of an automated cutting-edge monthly financial report and financial analysis dashboard. This bespoke user friendly tool empowers decision-makers with instant access to critical insights and analyses, enabling informed actions at the mere click of a button. Their collaborative spirit and proactive approach exemplify our unwavering commitment to innovation, efficiency, and excellence in financial management."

FocusPro has assisted Barwon Health in effectively managing a 38% increase in total funding and a notable expansion in service delivery in the last three years. But rather than increasing the size of the Commercial Finance Team to achieve this, Barwon Health relied on ingenuity and an innovative solution to streamline and automate their monthly reporting and analytics processes to build capacity.

Click here to learn more about FocusPro or get in touch with us for a free demo here.