Pinpoint Costs & Trends that Impact Your Operations & Strategy
Cost accounting solutions for hospitals have often fallen short of expectations. Recognizing the critical nature of cost accounting for hospitals to transition to a value-based payment system, PowerHealth provides a cost accounting solution that provides immediate value without the traditional challenges of implementation and adoption. We are your fastest route to apply cost accounting as the basis for analyzing high impact strategic and operational decisions.
Our OnDemand cost accounting solution helps financial decision makers immediately visualize costs and trends that affect your daily operations as well as your strategic potential. This solution helps eliminate unnecessary overhead and maintains a comprehensive view of enterprise costs to support these key performance metrics:
Our OnDemand solution includes easy-to-understand reporting and audits. We enable your organization to easily define, track and analyze costs – with unprecedented simplicity and accuracy. Using sophisticated and flexible cost allocations, our solution provides detailed costs multiple costing methodologies, classification rules, pre-processing and validation processes, and detailed drilldowns at the physician, patient and procedure levels.
PowerHealth gathers and normalizes data from disparate sources to present relevant, timely and accurate views into financial, operational and clinical performance.
Our solutions are rapidly deployed (typically in 60-90) days as a cloud-based SaaS (software as a service) subscription, involving no additional hardware, capital investment, maintenance fees or additional burden on your IT team. PowerHealth manages the technology so you can focus on managing your hospital.
Contact PowerHealth today to learn how our Financial Performance Analytics provide answers to address your most significant business challenges and strategic objectives.
Like to See an Example of PowerHealth OnDemand in Action?