Health Catalyst Hopes New Cost Management Suite will Shed Light on True Cost of Care (Healthcare IT News)
[By Bernie Monegain]
Salt Lake City-based Health Catalyst, which provides hospitals with data analytics, decision support and outcomes improvement technology, today released its CORUS Suite to help facilities manage their costs.
CORUS stands for Clinical Operations Resource Utilization System, and Health Catalyst executives call it “a breakthrough in cost management technology.”
The new offering is a result, in part, of a partnership with UPMC. About a year and a half ago, Health Catalyst and UPMC agreed to take on the rising cost of healthcare by commercializing UPMC’s cost management technology.
The technology is designed to help finance executives, physicians and service line leaders, and clinical and financial analysts understand the true cost of providing care – and to connect these costs to patient outcomes.
“Never in the history of U.S. healthcare has accurate cost accounting… View Full Article Here