Integris health and woman's hospital selects health catalyst to accelerate cost-management transformation and savings
Health catalyst, inc. announced that integris health and woman's hospital join a growing group of forward-thinking health systems selecting health catalyst's activity-based costing and cost insights technology, the corus™ suite, to drive transparency on the cost of patient care and surface opportunities to improve outcomes. corus offers integration of patient-level ehr data, departmental and equipment resource-utilization data, delivering the first comprehensive view of the true cost of patient care. the suite uses manufacturing-style activity-based costing with automated and robust data quality and cost validation algorithms that are scalable and maintainable, freeing analysts to focus on identifying variation and cost-saving opportunities. corus has embedded costing knowledge including best practices, rules, and algorithms from world-renowned academic healthcare institutions that will accelerate cost management transformation. healthcare costs continue to rise in the u.s., and patients have increasing financial responsibility for those costs. a lack of understanding of the true cost of care and how those costs compare to outcomes often leads to cost increases at healthcare organizations. to build a more sustainable system, organizations must identify and address waste and reduce the total cost of care.
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