CUSTOMERS

Workday and Healthfirst

Healthfirst has been serving New Yorkers for more than 25 years. As a pioneer in the value-based healthcare model—where hospitals and physicians are paid based on patient outcomes—Healthfirst operates according to the belief that insurers need to be true partners in the health system.

Healthfirst has grown into New York’s largest not-for-profit health insurer, offering high-quality, affordable solutions to fit every stage of life, including Medicaid, Medicare Advantage, long-term care, qualified health, and individual and small group plans. 

Healthfirst is comprised of over 4,700 employees that serve over 1.4 million members, 37,000 providers, 78 participating hospitals, and 22 community offices.

We decided to implement the full suite of Workday products because we saw the vision and the power of the Workday integrated technology platform—HCM, finance, and payroll.

 

Craig Barattin

VP of Finance and Controller

OVERVIEW
Challenges
  • Disparate, siloed systems  made it difficult for employees to accomplish daily tasks

  • Manual and cumbersome processes for bringing a significant amount of data into its general ledger

Results
  • Cost center owners can build and analyze data in a meaningful way 

  • The Finance department has more time for  analysis and analytics projects 

  • Less time is spent on day-to-day journal entries, leaving more time for analyzing information and data prior to month-end close