LOGEX Budgeting & Forecasting: Driving Strategic Budgeting for German Hospitals – enabling data-driven decisions
Customer Challenge
German hospitals operate under increasing financial pressure due to rising costs, regulatory reforms, and structural changes like ambulatory care and Hybrid-DRGs. Budgeting processes are often fragmented, Excel-based, and lack transparency. Excel is error-prone and difficult to audit, making quality assurance challenging. For multi-site hospital groups, heterogeneity in data and absence of unified cost accounting make strategic planning even harder. Leadership needs reliable insights to prepare for reforms, simulate portfolio changes, and assess the impact on resources, economics, and long-term results.
How the Idea Started
Hospitals sought a solution that could consolidate financial, personnel, and service planning into one platform, while integrating market and performance analytics. The goal: create a robust basis for strategic decisions, such as service line adjustments, and resource allocation, without adding complexity.
What’s the job-to-be-done we help resolve
LOGEX Budgeting & Forecasting provides a single source of truth for budgeting and strategic planning. It automates complex calculations, integrates DRG volumes and staff planning, and enables real-time scenario management. Multi-user access with role-based permissions allows finance, HR, and clinical teams to work simultaneously. Hospitals can simulate the effects of portfolio changes (e.g., adding or removing service lines) on capacity, economics, and compliance with upcoming regulations like KHVVG. Built-in validation and audit trails ensure robust error detection, exceeding Excel capabilities.
Main goals of the product
- Time saved: Budget creation can be reduced from weeks of manual consolidation to days.
- Increased traceability: Rule-based and data driven calculations and audit trails ensure compliance and reliability.
- Better collaboration: Multi-user capability and role-based access enable teams to contribute in parallel without version conflicts, supporting increased realism when setting the budget.
- Think through future scenario’s: Supports scenario planning for reforms, nursing budgets, and reimbursement negotiations.
Customer Feedback & Next Steps
Early adopters report greater confidence in strategic decisions and smoother, more coordinated budgeting cycles across departments. Next steps include expanding functionality for forecasting DRG volumes, and deeper integration with other LOGEX modules for comprehensive financial analytics.
