CORUS | Activity-Based Costing

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.

Trend, compare, and validate your costs.

Using embedded reporting, you can view trending charges, payments, and other data points; compare costs between service lines, specialties, etc.; and validate your costing to ensure accuracy.

CORUS: Activity-Based Costing includes analytical reporting like the Margin Report shown above.

Activity-Based Costing

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.

Products
CORUS: Activity-Based Costing

Services
Opportunity Analysis

Insights
Activity-Based Costing in Healthcare During COVID-19: Meeting Four Critical Needs
Activity-Based Costing: Healthcare’s Secret to Doing More with Less
UPMC and Health Catalyst honored as recipients of the 2018 Microsoft Health Innovation Award
The Real Reason Healthcare Costs Are Elusive
Leading Healthcare Organizations Choose Health Catalyst to Accelerate Cost-Management Transformation and Savings

Success Stories
New Generation Activity-Based Costing Accelerates Timeliness of Decision Support
Activity-Based Costing and Clinical Service Lines Team up to Improve Financial and Clinical Outcomes
Service Lines and Activity-Based Costing Reveal True Cost of Care for UPMC

Webinars
Introducing The Next-Generation Cost Management Suite To Help Hospitals Thrive Amid Unprecedented Market Disruption