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
Analytics in action
Our intelligent platform and intuitive user interface make it easy to unlock the value of your data. In as little as three clicks, we bring meaningful insights, powerful visualization, and analytics innovation to help you make an even bigger impact at your organization.
As you click through our example dashboards, hover over the image to explore a few key features.
Get an enterprise-wide view of costs to identify opportunities for containment
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
COVID-19 and the Financial Storm Ahead for Providers
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.
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3 Steps Any Healthcare Organization Can Take to Improve Enterprise Analytics
By Kristin Weir When it comes down to the most basic purpose of why organizations use analytics, it’s simple: they…
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Why Predictive Analytics is the Answer to Healthcare’s Big Data Problem
By Scott Hampel Making improvements in healthcare data analytics has the potential to lead to significant cost savings and improved…
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Unfamiliar Healthcare Players, Interoperability and Social Determinants Round Out 2020 Megatrends
By Scott Hampel, president of MedeAnaltyics We conclude our 2020 Megatrends with an exploration of new players entering healthcare, the…
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