Healthcare

Finance Intelligence for Health Systems Operating on Thin Margins.

Operating margins of 1-3%. Labour at 56% of spend. In healthcare, CFOs cannot afford imprecision. riicu helps finance leaders see where margin is being lost - by service line, payer, and unit - and act before quarter-end.

Health System CFOLIVE
Operating Margin
2.8%
+0.6pp vs PY
Net Patient Rev.
$412M
+5.2% YoY
Labour % of Rev.
54.8%
+1.2pp YoY
Days in A/R
42.6
-3.4 days YoY
Cardiology
$62M8.4%
Orthopaedics
$48M6.1%
Primary Care
$34M-1.2%

Your EHR manages clinical workflows. Your revenue cycle system handles claims. riicu handles the financial planning, close, and reporting layer that turns clinical activity into margin visibility – by service line, by facility, by payer, by physician.

Not an EHR extension. Not a revenue cycle tool. The financial intelligence layer that connects patient volumes to the P&L and gives the CFO a single source of truth for planning, close, and board reporting.

The Reality

What Healthcare Finance Actually Looks Like

01

Service-Line Profitability Is a Black Box

Cardiology runs at 8% margin. Primary care at negative 1%. But nobody sees this until six weeks after quarter-end because the cost allocation takes that long. By then, the volume decisions that drove the loss are already made.

02

Labour Costs Outrun Reimbursement

Staffing is 50-60% of total spend and rising. Contract labour, overtime, agency staff. Reimbursement rates from public payers lag behind cost inflation by years. The margin erosion is structural, not seasonal.

03

Payer Mix Shifts Quietly

A 3% shift from private to public payers changes the entire revenue outlook. Most health systems detect the shift in the rearview mirror, embedded in a variance report that arrives too late to adjust staffing, scheduling, or capacity.

04

Multi-Entity Consolidation Chaos

Hospitals, ambulatory centres, home health, physician practices, foundation. Each with different accounting structures. The close takes two weeks. The board pack takes another week. Three weeks to tell the board what happened last month.

Service-Line & Payer Profitability

See Which Service Lines Make Money. And Which Ones Don't.

Allocate costs to service lines using activity-based drivers, not flat percentages. See margin by service line, by facility, by payer class. Identify which physician groups generate contribution and which ones consume it.

Connect patient volume trends to revenue and cost impact in the same model. When volumes shift, the margin forecast updates automatically.

See it in action
riicu.app/svc-lines
Q1 2026
Service-Line Profitability$183M
Net Collection
96.2%
+0.8pp
Case Mix Index
1.64
+0.04
Rev / FTE
$128K
+3.8%
Total Revenue
$183M
Q1 2026
Cardiology
$62.4M8.4%
Orthopaedics
$48.1M6.1%
Oncology
$38.6M4.1%
Primary Care
$34.2M-1.2%
Labour & Workforce Economics

Your Biggest Cost Line Deserves More Than a Spreadsheet.

Labour is 56% of your spend. Contract nurses cost 3x permanent staff. Overtime spikes every flu season. But most health systems track workforce costs in arrears, buried in a GL line that says "salaries and wages."

riicu connects staffing data to financial outcomes: productive hours vs paid hours by department, contract labour as a percentage of total, cost per adjusted patient day, and the real cost of every unfilled position.

See it in action
riicu.app/labour
Q1 2026
Labour Productivity16.3% contract
Total FTEs
420
All depts
Labour Cost
$56.4M
+8.2% YoY
Contract %
16.3%
$9.2M
Vacancy
11.4%
+2.1pp YoY
Med/Surg · 186 FTE
$1,840/APD82.4%
ICU · 64 FTE
$3,420/APD · 22.8% contract78.6%
ED · 92 FTE
$2,180/APD84.1%
Surgical · 78 FTE
$2,960/APD76.2%
Payer Mix & Reimbursement Intelligence

See the Revenue Erosion Before It Hits the P&L.

A 3% shift from private to public payers changes everything. But most health systems detect payer mix shifts six weeks after they happen, buried in a variance report nobody reads in time.

riicu tracks payer mix evolution in near real time, models reimbursement rate changes against case mix and volume, and quantifies the revenue gap before it becomes a margin problem.

See it in action
riicu.app/payer-mix
Rolling 12M
Payer Mix · Revenue Impact-$6.8M gap
Revenue Gap · -$6.8M
Private payer down 2.4pp YoY · replaced by public/subsidised
Net Pat. Rev.
$412M
+5.2% YoY
Denial Rate
8.4%
+1.2pp YoY
Days in A/R
42.6
-3.4 days
Net Collection
96.2%
+0.8pp
Commercial · $14.2K/case
-2.4pp38.2%
Public/Govt · $9.8K/case
+1.8pp34.6%
Subsidised · $6.2K/case
+0.4pp18.4%
Self-Pay · $4.1K/case
+0.2pp8.8%
Capabilities

Built for the Financial Intensity of Healthcare

Service-Line Profitability

Activity-based cost allocation by service line, facility, and payer class. Contribution margin analysis with physician-level granularity.

Labour Cost Modelling

Staffing ratios, FTE analysis, contract labour tracking, overtime and agency spend. Link nurse-to-patient ratios to cost per adjusted discharge.

Payer Mix & Revenue Analysis

Track payer mix shifts in near real time. Model reimbursement rate changes against volume and case mix. Identify revenue leakage by payer and procedure.

Multi-Entity Consolidation

Hospitals, ambulatory, home health, physician groups, foundations. Automated IC elimination and consolidation across entity types and accounting structures.

Volume & Capacity Planning

Connect patient volume forecasts (admissions, discharges, surgeries, ED visits) to revenue, staffing, and supply cost projections in rolling forecasts.

Capital & Strategic Planning

Model capital projects against operating margin impact. Track capex by facility. Link equipment investment to throughput and revenue generation.

Designed Around Your Existing Clinical and Finance Systems.

From SAP, Oracle, Microsoft Dynamics 365, Cegid Primavera, Sage, PHC and QuickBooks to your existing EHR, revenue cycle and operational systems, riicu is designed around the systems your business already runs - supporting a more connected finance environment and reducing spreadsheet-heavy workflows.

SAPOracleDynamics 365PrimaveraSageQuickBooksExcel

Ready to Protect
Every Point of Margin?

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