U.S. Hospitals See Finances Stabilize in Late 2023 Even as Expenses Rise, According to New Syntellis Performance Solutions Data
CHICAGO – Jan. 29, 2024 – U.S.
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U.S. Hospitals See Operating Margins Improve Even as Expenses Continue to Grow, According to New Syntellis Performance Solutions Data
CHICAGO – Dec. 21, 2023 – U.S. hospitals saw operating margins improve in November, but escalating expenses — including rising drug expenses — remain a concern as 2023 draws toward a close, according to new data from Syntellis Performance Solutions, now part of Strata Decision Technology.
Webinar: Axiom Comparative Analytics Client Workgroup
Level up your organization’s data optimization and learn tools and tips for identifying areas of improvement. Syntellis’ Axiom Comparative Analytics Client Workgroup provides answers and the latest updates directly from our data science, services, and product experts.
Topics will include:
Hospital Operating Margins Stagger While Supply and Drug Expenses Grow, According to New Syntellis Performance Solutions Data
CHICAGO – Dec. 1, 2023 – U.S. hospitals and health systems saw increases in revenues and patient volumes in October, but high costs continue to drag down overall financial performance, according to new data report from Syntellis Performance Solutions, now part of Strata Decision Technology.
How 3 Hospitals Leveraged Advanced Decision Support Systems to Drive Success
Watch this panel discussion to hear how healthcare decision support leaders moved the needle in their organizations using advanced decision support systems to drive advanced costing, robust analytics, and an outcomes-driven approach.
Learning objectives:
- Understand how to make data the foundation for an effective decision support system
- Learn advanced costing techniques that will drive better insights
- Discover analytic techniques to support decision-making
Hospital Operating Margins Increase for Second Month but Remain Narrow, According to New Syntellis Performance Solutions Data
CHICAGO – Oct. 30, 2023 – A new data report from Syntellis Performance Solutions, now part of Strata Decision Technology, shows that healthcare organizations nationwide continued to see positive gains in September, but overall financial performance remains unstable.
Healthcare Organizations Face Pressures of Ongoing Care Delivery Shifts, High Expenses, and Other Challenges, According to New Performance Trends Report
CHICAGO – October 26, 2023 – A new report from Strata Decision Technology and Syntellis Performance Solutions found that U.S. healthcare organizations are experiencing exponential growth in demand for outpatient care services while suffering sizable losses in some areas of inpatient care.
8 Ways to Use Comparative Data in Your Healthcare Budgeting Process
With a pressing need to control costs and improve performance, leading hospitals and health systems turn to technology for timely access to data to compare key financial, operational, and clinical metrics across their organization and with relevant peers. While most healthcare organizations — 78% — use benchmarks to monitor performance and guide improvements, just as many finance leaders acknowledge they should be doing more to optimize data for informed decision-making.