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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
Healthcare Organizations Recognize Importance of AI for Reporting
Healthcare providers continue to recognize the value of using AI in reporting operations throughout the organization. AI has many strengths when applied to the healthcare industry:
Read on...Why It’s Time for Healthcare to Move Toward AI Reporting
Business intelligence (BI) was a dramatic and significant step forward in healthcare industry reporting and a natural transition to artificial intelligence (AI) enabled real-time insights.
Read on...Why Healthcare Should “Double-Down” on Exploring AI-powered BI for Reporting
Many areas in healthcare rely not only on the collection of data but, importantly, the ability to decipher and act upon it. In that intersection, reporting was born.
Read on...Bridge the Payer/Provider Data Gap
Every patient has a plethora of data associated with their health record, which can include decades of enrollments, claims, accounts and charges. Much of this data is not housed within the same institutional, facility or provider database…
Read on...Want to talk with one of our experts?
Provider Value Analytics: Our full lineup of provider solutions
Everything you need to support your front office, mid-cycle and back office.
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Patient
Access
Insights
Optimize patient satisfaction during the patient registration and payment clearance processes with critical, real-time analytics information.
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Revenue Integrity
Suite
See how clinical operations affect your bottom line with complete visibility into compliance risk and clinical documentation performance.
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Business Office
Suite
Achieve optimized cash flow and operational excellence with big-picture insight into opportunities for improving collection rate, denials, and staff productivity.
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Workforce Quality Insights
Use powerful analytics capabilities to generate end-to-end insights into how patient access activities are impacting the back-office outcomes.
See the solution ❯
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Cost
Insights
Drill down into claims and encounter-level data to target and align controllable costs with outcomes and reimbursement.