Cost Containment in Healthcare: Service Line Data Signs®
Service Line Data Signs allows you to gain transparency and actionable insights into direct, controllable costs and revenue by leveraging your organization’s data
Cost Containment in Healthcare: Service Line Data Signs®
Service Line Data Signs® is an easy-to-use analytics tool that gives healthcare providers the ability to view encounter and claims data grouped by service line at both an executive summary and granular level.
By being able to monitor hospital service line profitability, your teams can visualize and drill down into specific datasets, to easily pinpoint cost containment in healthcare and identify revenue. They are also able to improve contract reimbursements and quickly make changes and decisions with confidence that can help propel them on their path to financial sustainability.
Paving the way to financial sustainability
Hospitals and health systems of all sizes are navigating operating margins that are tighter than ever before. Organizations are also operating under compressed revenues, reductions in elective procedures, consolidation within the industry, shifts in insured populations and an increased focus on quality of care. Because of this, it is imperative to take a proactive approach to monitor the financial well-being of the organization.
Powered by MedeAnalytics, Baker Tilly’s Service Line Data Signs is able to help healthcare providers quickly identify and target opportunities to optimize service line level financial performance, implement cost containment in healthcare and improve operating margins.
