Make Sound Business Decisions With the Right Financial Data
Our modern cost accounting, decision support and contract management solutions provide reliable and trusted data
to identify opportunities to improve cost and quality outcomes.
Understand your costs and do something about them
Gain an accurate, comprehensive view of performance across cost, quality, and service measures. Our Axiom Cost Accounting solution supports advanced costing methodologies and balances detail with accuracy, flexibility, efficiency and sophistication and accurate reporting across patient populations.
Delivering Value Requires Understanding Costs
Timely and accurate visibility into financial and clinical data is vitally important under value-based models to drive decisions. Our decision support tools empower finance, strategy, and process improvement teams with insightful views of volume, cost, and profitability measures across clinical service lines.
"In negotiating contract agreements with its payers, our managed care team relies on the Decision Support System to provide service-specific data on care delivery costs. This information is used in contract modeling to assess proposed rates against the organization’s actual costs."
Vice President of Finance and Administration
Our contract modeling and analytics software helps organizations predict and manage payments, using a data-driven approach for improved payer negotiations. Estimate net revenue by patient and better manage contracts, claims, and payments.
As Vermont continues to move toward a global healthcare payment model, hospitals and health systems in the state are under pressure to advance their ability to operate in a value-based care environment designed to minimize cost and optimize quality.
With payment models rapidly evolving, the contracting process has become increasingly challenging for many healthcare organizations. By equipping themselves with the right data and analytical tools, hospitals and health systems can greatly enhance their contracting effectiveness.
As hospitals and health systems continue to face reimbursement pressure, maximizing revenue under evolving payment models has become a strategic imperative. Managed care contracts sit at the heart of the matter, and savvy Finance teams are asking important questions like: