For the past half-century, several types of key software have powered financial and clinical decisions at healthcare organizations in the U.S. Coinciding with the rise of electronic health records (EHRs) and electronic medical records (EMRs) in the 1980’s and early 1990’s, healthcare organizations began to look for ways to leverage and unify their new wealth of data for insights and information.

Cost containment in healthcare has always been a top concern for hospitals, especially in recent years due to unexpected events and changes in the market. Before jumping into the hospital cost containment strategies that healthcare leaders have used to weather these storms, we need to understand what hospital cost containment truly is.  

Strategic planning in healthcare organizations involves creating objectives and setting goals for where the organization sees itself in the long-term.

With the right tools, healthcare organizations can unlock dark data, or hidden data, to reveal insights in a range of budgeting and planning areas. Read more!