Health Catalyst has partnered with industry-leading health systems to develop a next-generation costing system: the CORUS™ Suite. For the first time, CFOs, physicians, service line leaders, and clinical and financial analysts can dig deep into the true cost of providing care across the continuum and relate those costs to patient outcomes.
View the true cost of patient care.
Integration of patient-level EHR data and departmental and equipment resource-utilization data enables true cost of patient care.
Frees analysts to focus on identifying variation and cost-saving opportunities.
Manufacturing-style activity-based costing with robust data quality and cost validation algorithms are scalable and maintainable.
Accelerate cost-management transformation.
CORUS includes embedded costing knowledge, including best practices, rules, and algorithms from world-renowned academic healthcare institutions.
Make timely, data-driven decisions.
Built on the Health Catalyst Data Operating System (DOS™), healthcare’s most advanced analytics platform, CORUS supports more than 160 source systems, including EHRs, claims, general ledger, payroll, supply chain, and patient satisfaction systems.
Enables cost managers, cost accountants, and other team members responsible for costing to run costing cycles and review periods; configure general ledger, cost model, and costing categories; complete costing-relating tasks, such as allocations; and view reports. Activity-Based Costing provides actionable insights into the real drivers of cost variation by leveraging actual patient resource utilization data from the EMR and other departmental sources—not just charge codes—to provide actionable insight into the real drivers of cost variation.
Analyzes and delivers early and actionable insights via dashboards that are customizable to the end-user’s role and purpose. Compares provider and departmental costs and breaks down those costs across areas such as supporting expenses, services expenses, supplies, etc., allowing you to quickly see the cost drivers contributing to those costs. Cost Insights exponentially reduces the time to compile performance reports, develop insights into profitability and variation, and identify cost reduction opportunities.
UPMC and Health Catalyst honored as recipients of the 2018 Microsoft Health Innovation Award
Introducing the Health Catalyst CORUS™ Suite: Activity-Based Costing and Cost Insights
The Real Reason Healthcare Costs Are Elusive