In 2024, drug prices surged by 8.4% in the U.S., putting smaller clinics in a tight spot. Financial forecasting has become a vital survival tool but many clinics still lack proper systems to do it effectively.

Forecasting Isn’t Just for Big Hospitals
With Business Central, even small and mid-sized clinics can access advanced forecasting models that use real-time data and historical trends to:
• Project upcoming costs
• Track profit and loss scenarios
• Adjust spending before crises hit
How Business Central Helps

Microsoft Dynamics 365 Business Central offers:
• Real-time financial dashboards
• Integrated expense tracking
• Scenario planning and trend analysis
• Budgeting based on real data

Clinic Use Case

One Midwest clinic used Business Central to analyze the impact of expected drug price increases. By identifying upcoming cost spikes in advance, they renegotiated vendor contracts and restructured their purchasing to save over $12,000 annually.
Key Benefits
• Proactive budgeting
• Informed financial decisions
• Avoid surprise costs
• Optimize revenue despite inflation

Conclusion
If your clinic relies on spreadsheets or outdated tools to manage budgets, it’s time to upgrade. Business Central gives you a clear path through unpredictable costs.

Discover how Avion Technology Chicago helps clinics nationwide make smarter financial moves with Business Central. Explore the full story here