Sage 100 vs Sage Intacct: Healthcare Edition
June 27, 2024
In the healthcare industry, efficient financial management is not just a necessity but a cornerstone of delivering quality care. As healthcare organizations grow and evolve, so do their financial management needs. Although Sage 100 may have supported your business for years, Sage Intacct Healthcare Edition is specifically designed to address the unique challenges that healthcare organizations face.
Keeping your Financials HIPAA Compliant
While Sage 100 offers robust financial management features, it does not specifically highlight HIPAA compliance certifications. Organizations using Sage 100 must take additional steps to ensure HIPAA compliance, potentially increasing the complexity and cost of maintaining compliance.
Sage Intacct has been assessed by Sword & Shield Enterprise Security and has achieved compliance under Avertium’s HIPAA Compliance Program (HCP).
This status assures that Sage Intacct has implemented the necessary security measures to safeguard protected health information (PHI) and electronic protected health information (ePHI) as required by HIPAA and the HITECH Act. This rigorous compliance ensures that your organization’s sensitive health data is protected, reducing the risk of breaches and fines.
View HIPAA – Safeguard Protected Health Information Datasheet
EMRConnect Integration
Sage 100 does not offer a native integration with EMR systems, which could result in more manual processes and potential data synchronization issues. This limitation might necessitate additional third-party solutions to achieve similar capabilities.
EMRConnect is a powerful integration solution designed to connect Sage Intacct’s cloud-based financial management system with Electronic Medical Records (EMR) systems. This integration facilitates seamless data synchronization between financial and clinical operations, enhancing accuracy and efficiency.
EMRConnect helps streamline billing, improve financial reporting, and maintain compliance by automating data transfers between EMR systems and Sage Intacct. This integration is pivotal for healthcare organizations seeking to optimize their operational workflows.
View Sage Intacct EMRConnect for Deeper Financial Insight Datasheet
Multi-Entity / Consolidations
Sage 100 provides multi-entity management capabilities, but they may not be as advanced or seamless as those offered by Sage Intacct. Organizations with complex structures might find Sage Intacct’s real-time capabilities more beneficial.
Sage Intacct excels in managing multi-entity healthcare organizations. It offers real-time financial consolidations and reporting, automating inter-entity transactions to ensure accuracy and reduce manual errors.
The platform supports centralized management of multiple entities, providing comprehensive dashboards and customizable reports. These features enhance compliance with HIPAA standards, streamline financial operations, and facilitate quick, accurate decision-making across all organizational levels.
Want to Learn More? Join us for Lunch!
To help you navigate these choices and see firsthand how these solutions can benefit your healthcare organization, we invite you to our Sage 100 vs Sage Intacct Healthcare Edition Lunch and Learn on August 14th. Our team will cover the topics above as well as advanced audit trails, advanced ownership, and more.