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.
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.
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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.
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:
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.
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.
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.
Data has immense potential to help healthcare leaders make informed decisions in a turbulent healthcare environment. For data to be actionable, however, leaders need the ability to pull the right data together and present it in a way that tells a clear and compelling story.
The past few years have seen massive changes in healthcare. If you haven’t already adapted to the evolving landscape, you’re risking your organization’s success.
It's time to reimagine your strategic financial planning.
Watch this on-demand webinar to explore recent trends and best practices for hospital financial planning and management, featuring leaders from Kaufman Hall and Syntellis. You’ll learn:
