Resource Library
This resource and training library is designed to equip behavioral health providers with the essential knowledge, skills, and tools to enhance their financial health and sustainability. Whether you're looking to improve revenue cycle management, optimize operational efficiency, expand funding opportunities, or develop long-term financial strategies, this library provides practical guidance to help you navigate the financial complexities of running a behavioral health practice. Let's get started!
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Financial Basics
A beginner-friendly guide to key financial concepts for behavioral health providers—perfect for those new to managing revenue, expenses, and cash flow.
Read MoreOptimize Your Fiscal Health
Improving fiscal health for behavioral health providers requires a strategic approach that integrates financial management, long-term planning, and continuous improvement.
Read MoreFinancial Pillars for Providers
At Onyx Analytics, we’ve identified Three Financial Pillars that serve as the foundation of a financially healthy organization: Cash Reserves, Positive Net Income, and Positive Equity.
Read MoreThe Profit & Loss Statement
This guide breaks down in simple terms what a P&L is, why its important, and how to use it to improve your financial health.
Read MoreThe Balance Sheet
Understanding your Balance Sheet is just as important as understanding your P&L. This beginner's guide breaks it down step-by-step to help you feel more confident reading and using your Balance Sheet.
Read More🗓️ Financial Planning
Why Create A Budget?
Creating a budget helps you be proactive. Instead of waiting for surprises, you’re planning ahead—anticipating swings in revenue, understanding your costs, and making intentional choices that support your mission.
Read MoreStrategic Financial Plan
A Strategic Financial Plan (SFP) for a behavioral health provider helps ensure that financial decisions align with the organization's vision and mission while supporting long-term sustainability.
Read MoreBonus Structures
Are you considering giving staff bonuses? Read more to learn about different bonus structures based on performance, revenue, loyalty and other options.
Read Moređź“Š Analysis
Return On Investment (ROI)
Planning a new program or expanding services? Use a Return on Investment (ROI) analysis to evaluate the financial sustainability of your initiative before moving forward.
Read More⚙️ Systems & Processes
Accounts Payable
Effective accounts payable (AP) management depends on streamlined systems that promote transparency, ensure accountability, and support accurate financial reporting.
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