Activity-Based Costing Benefits & Features
Faster, more streamlined processes save time and reduce errors.
The CORUS: Costing interface guides the finance team through the costing process—including validation—to save time and reduce errors.
Transparency into your costs.
Integrated and aggregated data from your EMR, clinical, financial (claims, GL, payroll, supply chain, etc.), patient satisfaction, operation, and other data sources enable you to identify actionable insights into the real drivers of cost variation.
Costing data shared with the masses.
With costing data readily available, analysts can more quickly respond to financial questions and problems reported by the organization and leadership.
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.
