Multi-entity clinic finance, in control.

Healthcare
finboard.app / healthcare
Live
Clinics · payer mix
Q2 · 2026
Clinic
Net rev
Cost/visit
Margin
North Clinic
$1.82M
$142
22%
South Clinic
$1.24M
$158
18%
Downtown
$0.96M
$135
24%
Payer mix
Commercial46%
Medicare28%
Medicaid18%
Self-pay8%
Days in AR 38 · denial rate 4.2%
Built for multi-site healthcare

Finance problems when one clinic becomes many

Gross charges, payer mix, denials and net patient revenue move differently at every location. FinBoard reconciles them into one view.

Gross is fiction, net is reality
Gross patient charges$112.0M
Contractual allowances($58.2M)
Implicit price concessions($6.5M)
Net patient revenue$47.3M
Every clinic's payer mix differs
Downtown clinic
Commercial 55%Medicare 25%Medicaid 10%Self-pay 10%
Days-in-AR and denials drift
Downtown
31
4.2
Riverside
41
7.5
Southpoint
58
11
Days in ARDenial %
Target <35 days / <5%
Revenue is an estimate, not a bill
Gross chargeEst. collectibleAllowancesNet revenue
Cost per visit isn't comparable
$41
$46
$52
$55
$61
Dtwn
Nrth
Rvsd
Estd
Sthp
MSO consolidation & bad debt
Southpoint
7.8%
Eastside
5.1%
Riverside
4.4%
Downtown
2.6%
Self-pay + bad debt as % of gross
Standards, handled

Reporting standards healthcare runs on

ASC 606 net patient service revenue, contractual allowances, revenue-cycle KPIs and ASC 842 leases, computed the way payers expect.

Group P&L · 5 clinics
% of net revenue
Gross-to-net
Amount
% net
Gross patient charges
$112.0M
237%
Contractual allowances
$58.2M
123%
Price concessions & bad debt
$6.5M
14%
Net patient revenue
$47.3M
100%
Provider & staff comp
$26.0M
55%
Supplies & occupancy
$9.9M
21%
G&A + MSO fee
$6.6M
14%
Operating income
$4.8M
10%
Net patient revenue and operating margin are the two rows an MSO manages to.
Clinics · this period
Operating focus
Clinic
Net rev
Margin
Downtown Internal
$12.4M
13%
Northgate Family
$9.8M
34d AR
Riverside Multi
$11.2M
7%
Eastside Peds
$7.1M
4%
Southpoint Urgent
$6.8M
58d AR
Group days in AR39 days · target < 35 days
01ASC 606 · net patient revenue

Revenue is recognized at the amount expected to collect, with implicit price concessions up front.

02Gross-to-net allowances

Net revenue equals gross charges minus payer-negotiated contractual allowances and bad debt.

03Revenue-cycle KPIs

Days in AR (<35) and denial rate (<5%) benchmark the cash health of every site.

04ASC 842 · leases

Medical-office and equipment leases over 12 months capitalize onto the balance sheet.

Days in AR, denial rate, cost per wRVU and payer mix roll up across every entity, so a struggling clinic surfaces early.

Connects to your stack

The tools you already run.

From Epic, athenahealth and Tebra to NetSuite and QuickBooks, FinBoard sits on top of your EHR and GL stack, no rip-and-replace.

01Live connectors
EEpic
ahathenahealth
tbTebra
NSNetSuite
qbQuickBooks
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