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  • Decision support systems designed to assist healthcare facilities in making financial decisions by effectively organizing, calculating, planning, and forecasting the performance of the healthcare facility financial data in an electronic format. The main focus of the financial decision support (FDS) systems is accountability with regards to the importance of flexible budgeting and cost, thus providing useful information to all involved in the decision making process. These systems typically consist of a combination of hardware and software. The hardware typically includes dedicated network servers and computers. The software consists of a dedicated software package that is capable of processing information regarding accountability with regard to the importance of flexible budgeting and cost. This can provide useful information to all involved in the decision making process. Financial decision support systems allow facilities to make financial plans that are focused on both the short-term and the long-term financial goals of the facility. They may function as stand-alone systems or may be integrated in a hospital-wide data management information system network.
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