Get granular cost allocation and profitability intelligence in one.
Putting the power of reporting and analysis in your hands in a moment’s notice just got easier. Our Cost Accounting solution gives you immediate access to detailed account and charge-level costing to help you get a true view of your bottom line:
- Allocate revenues and expenses separately from indirect cost centers, for a more granular view of cost and contribution margin at the patient level.
- Aggregate charge and patient level costing in a multitude of ways: service line, physician, and payer to name just a few.
- Utilize granular direct cost data from Pharmacy, and OR supplies to create accurate and defensible cost data for high variability cost types.
We work closely with your reimbursement professionals, as well as budgeting and finance teams to apply sophisticated allocation parameters for both cost and revenue streams. Our team then works to automate the ongoing data extraction, validation and load process for maximum results. It’s a comprehensive solution that will keep you focused on the analysis of product line margin and associated drivers without the headaches of traditional Cost Accounting solutions.