January 9, 2020
When negotiating with payers, health systems are challenged at estimating how much a proposed contract will cost them – or whether they’ll actually make a profit. This is especially true of smaller health systems that cannot afford large teams of analysts to crunch the numbers.
June 4, 2020
The need to reduce costs is driving up demand for accurate price information and traditional costing methodologies such as RVUs are falling short.
Join this elite group of industry leader for a conversation about how Time-Driven Costing (TDC™) can not only improve the accuracy of costs but also provide valuable insights into labor utilization and variation that can ultimately lead to cost reduction opportunities.
During the discussion, you’ll learn:
August 26, 2019
L7 allows healthcare organizations to assess their current state relative to available costing methodologies and provides a road map for their strategic needs. This eight-stage model assesses organizations by measuring the adoption and utilization of advanced cost accounting methods, including capabilities like Time-Driven Costing™. As an organization moves up the model, they acquire more sophisticated costing processes and workflows and more meaningful output.
September 25, 2020
Implementing new software across an organization is never easy. Finance leaders will discuss their approach to driving a strong margin improvement program and how IT and Finance have partnered to achieve success.
Learning Objectives:
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February 9, 2021
In this session, hear from finance leaders at peer hospitals as they share lessons learned and advice for leading your organization to adopt Dynamic Planning. Listen as these leaders outline their strategies for driving change to the financial planning process within their organizations, walking through both pitfalls and successes they encountered in the process.
Learning Objectives:
October 13, 2020
Learn how organizations participating in the 340b program are automating existing reports from their accumulator system to populate accurate 340b and GPO acquisition costs directly on patient drug charges in StrataJazz. For entities not eligible to participate in 340b, we’ll explain why drug prices may be inaccurate in your EMR today and how we can work around those issues to calculate charge-level WAC and GPO prices in StrataJazz by leveraging a standard drug price catalog.
June 4, 2020
StrataJazz® OnePlan is the first purpose-built advanced planning platform for hospitals to help address the major budget issues that they face. OnePlan provides a radically more efficient, accurate, agile and accountable approach to planning, providing hospitals and healthcare systems the ability to significantly improve their performance.
Turn data into intelligence and elevated financial performance with Strata’s Axiom Intelligence analytics software, which empowers organizations to evaluate and visualize financial and operational data to identify trends, variances, and improvement opportunities.
While other performance management tools simply offer reports, Axiom Intelligence provides timely data and robust analytical and visualization capabilities for a comprehensive view into your business. To take full advantage of business analytics, you need answers at your fingertips, and Strata’s advanced tools generate actionable intelligence that finance leaders can use to inform financial management and improvement initiatives.
Single Source of Truth
Axiom seamlessly integrates data from any source into a single repository for planning and analysis, allowing you to leverage our innovative analytics and reporting tools to turn your data into actionable insights for enhanced decision-making.
Intuitive Reporting for All User Types
Axiom’s powerful web-based reporting environment supports visualizations, dashboards, ad hoc reports, and spreadsheet views — all within an easy-to-use interface.
Improve Efficiency, Maximize Resources
While other analytics solutions require in-house database experts, Axiom Intelligence allows you to easily connect data sources through modeling and generate, analyze, and disseminate reports. This reduces reliance on IT resources and eliminates the need to hire business intelligence (BI) experts or license third-party BI tools.
Transform data into intelligence and drive better outcomes
The healthcare field revolves around one driving force. That is, using the best practice when treating patients to provide the best possible care. In order to do so, there are dozens of factors that go into each patient’s case, each of which can make the difference in a successful treatment, or not.
June 4, 2020
In this time of unprecedented financial and operational upheaval, health systems will need to ‘look under every rock’ to find opportunities to improve their financial stability. As elective surgeries and outpatient visits begin to return toward normal, it is imperative that health systems manage the largest category of expenses diligently. Doing a careful review of pay practices and staffing, then instilling accountability for taking action, can be a source of several million dollars of added margin.
