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Cost Insights
Promote continuous improvement to elevate care and outcomes
Hospitals and health systems are strained from all angles with the pandemic decimating bottom lines. Protocols and pathways have failed to significantly reduce care variation—resulting in high levels of waste and unnecessary spending. Persistent inability to correlate treatment cost with quality of care has driven the cost of care delivery up without a measurable improvement in outcomes. If hospitals and health systems don’t take action to disrupt these ineffective processes, they will be in danger of bankruptcy within the next few years.
Delivering comprehensive solutions to lower your cost of care
Challenge
Solution
Ineffective data collection and analysis hinders ability to monitor, measure, analyze, and improve variances in modality utilization, procedures and supplies
Challenge
Solution
Lack of visibility into top and bottom performing service line and procedures.
Challenge
Solution
Limited integration capabilities with nationally accepted benchmarks and standards
Celebrating big wins with Cost Insights
Dive deeper into Cost Insights
Download the data sheet to see how Cost Insights helps you identify and act on direct cost of care improvement opportunities.
Get our take on industry trends
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Across the country, healthcare organizations are seeing 40%-80% declines in monthly charges with some of the most profitable services lines only seeing 20% of their normal monthly volumes during the pandemic.
Read on...Want to talk with one of our experts?
Provider Value Analytics: Our full lineup of provider solutions
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Cost
Insights
Drill down into claims and encounter-level data to target and align controllable costs with outcomes and reimbursement.