Franciscan Health Case Study:Optimizing a Bundle Payment System w/Decision Support Data
Harris Affinity Decision Support (ADS) has been a key financial source of truth for Franciscan Health, consistently providing trusted cost and profitability reports.In this compelling case study, we delve into the transformative journey of Franciscan Health as they leverage advanced decision support data to enhance and streamline their bundle payment system.
Signs Your Hospital Needs a New Decision Support Tool
When healthcare spending is estimated to reach $6 trillion by 2027, it is vital that you evaluate your financial performance. For the success and survival of your hospital, it is imperative that you have an accurate costing system in order to improve decision making and financial performance with detailed, precise, and conclusive information. Patients today […]
Choosing the Right Decision Support System for Your Non-profit Hospital
Find the right decision support system for your non-profit hospital and improve patient outcomes, reduce costs, and increase revenue.
Compelling Evidence For ABC in Healthcare
The article was featured in Thomson’s Cost Management Magazine.“Compelling Evidence For Activity-Based Costing (ABC) in Healthcare” provides important insights into the use of the Activity-Based costing (ABC) approach in healthcare settings. This is a valuable resource for healthcare professionals, administrators, and researchers interested in improving financial performance and resource allocation in healthcare. Download the full […]
Harris Affinity (ADS) Klas Spotlight Report
The Harris Affinity (ADS) Solution was recently featured in Klas’s “Emerging Solutions Spotlight” report. In the Spotlight report, the Affinity Decision Support team received an “A” rating for “Quality of Implementation” and 100% of customer respondents reported that Harris avoids “nickel and diming”, keeps all of their promises and they would buy the solution again. […]
Time-Driven ABC vs Traditional ABC in Healthcare
Time-Driven Activity-Based Costing is the solution healthcare and hospitals need to create a more accurate view of their cost’s compared to Traditional Activity-Based Costing. In order to create a more in-depth and critical view for financial and operational planning, Time-Driven ABC is essential. Solutions for Healthcare and Hospital Budgeting Problems Traditional ABC Traditional activity-based costing […]
Solutions for Healthcare and Hospital Budgeting Problems
2022 was the worst year financially for hospitals and 2023 does not initially show much improvement. Staffing shortages, labor costs, supply chain disruptions, inflation, rising interest rates, and more are pressuring hospital revenue and expenses. Healthcare and hospital budgeting are critical aspects of managing healthcare institutions. As healthcare costs continue to rise, healthcare providers are […]
Ontario Facility Case Study: Generating $17 Billion in Detailed Cost Data
Activity-based costing data is used by the Ontario Ministry of Health and a national healthcare research organization, the Canadian Institute for Health information, to create funding formulae and models that are used for healthcare funding across Canada.
