Accurate Cost Determination

• Calculate the "true" cost of performing procedures and delivering healthcare services rather than arbitrary allocations, which distort the actual cost.
• Improve planning, budgeting and performance measurement.
• Measure true profitability and make operational decisions that ensure optimal use of available resources.
• Easily generate various types of budgets, including forecasted, actual, and flexible.

Effective Planning, Negotation, and Decision Tools

• Perform simulation analyses ("what if" scenarios) and in/out-sourcing analyses.
• Negotiate Managed Care contracts and increase revenue by insourcing profitable services.
• Analyze physician preferences to promote standardization and cost savings.

A Tool to Manage Operations

• Evaluate the cost implications of alternative operational/clinical pathways.
• Evaluate historical workloads and operational data to improve resource utilization.
• Control the costs of unofficial (departmental) inventory.
• Perform internal and external benchmarking.
• Identify opportunities for cost savings, and performance improvement.

Balanced Scorecard Performance Measurement

• Measure performance and understand what the results mean.
• Integrate operations and financial management.
• Facilitate pay-for-performance initiatives to support quality improvement.

Swift Deployment

• Our pre-defined data dictionaries and knowledge bases simplify installation and significantly reduce the implementation time.
• Our high-benefit, low-risk solutions are delivered via the Internet (ASP model).  

and much more…