Medisolv Blog 3 Simplified Hospital Case Costing Methods [Infographic] - 2019

3 Simplified Hospital Case Costing Methods [Infographic] - 2019

February 08, 2019

While it may seem like a daunting task, assessing your hospital's profitability can help you streamline operations and work toward improved financial outcomes. And with rising regulatory reporting costs and the risk of government penalties, knowing where your organization stands financially is crucial. But how do you go about getting an accurate depiction of your hospital costs?

Implementing a case costing solution is a great way to better price the products and services that your organization provides while identifying areas for cost savings. So, to help you get started with your case costing journey, we've highlighted three common hospital case costing methodologies in the infographic below.

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Calculating Profitability From Your MEDITECH Data Repository

Written by

Stephen Manna

Stephen Manna brings nearly 30 years of health care experience to his post as director of enterprise BI solutions at Medisolv. As a member of the BI Team since 2009, he is responsible for everything related to clients’ day to day use of our analytics products. Prior to Medisolv, Stephen worked as a consultant, analyst and developer in the health care field specializing in performance benchmarking, scorecards and developing decisions support analytical systems.