Cost Accounting

The future of Cost Accounting is here.
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Optimized for better productivity and accuracy, so you can make decisions with confidence:
Cost Accounting on the RealCost™ platform from EPSi built on AWS.

 

Improve your productivity with this SaaS-based, true cloud, highly secure, standalone application that uses the latest technologies to improve usability, functionality, and performance.

Cost Accounting is the first application to be released on the RealCost platform from EPSi. The modern, intuitive workflow streamlines your costing process, while summarization, automated reconciliation, provider costing, activity allocation, overhead allocation, and embedded analytics give you the precision and visualizations you need.

Streamlined workflow

Cost Accounting gives you a dramatically improved user interface, the most comprehensive costing methods in the industry, embedded analytics with visualizations, and state-of-the-art cloud computing performance—all at a reduced expense. With Cost Accounting from EPSi, you get the most comprehensive set of costing methods available in the industry.

The smartest safety net

Map your data accurately with real-time validations. The interface gives you visual alerts that help you identify issues and show you how to remedy them with one click.  All before you summarize your data.

Visual and intuitive data

Get a variety of visualizations throughout the interface that communicate the meaning behind your data in a visually compelling way. Track and sort average patient and labor costs, unit cost variances, length of stay, case quantities, and more with visuals like heat maps, plot maps, bar graphs, and line graphs.

Additional RealCost Solutions

Cost Accounting

Update and streamline the traditional monthly cost accounting process that allocates overhead, calculates activity costs and automates reconciliation.

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Rolling Forecast

Supplement your yearly budget with monthly general ledger and payroll forecasting informed by historical trends, actual results and real-time cost analytics at the sub-account level.

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Analytics & Visualization

Use real-time cost and productivity analytics to improve operational efficiency, eliminate unnecessary cost, and deliver better outcomes.

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What’s Ahead

  • Long Range Planning
  • Capital Planning
  • Real Time Costing

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RealCost Services

EPSi
Consulting

Design and implement best practices that deliver the highest value when you work with our team of senior consultants who have supported the most successful hospitals in the country.

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Customized Training

Our team of industry experts are available to EPSi clients for additional support. Connect with our consulting services team and we can advise and create a customized and tailored learning experience for you and your staff.

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EPSiU Online Training

EPSi University is exclusively for EPSi clients, and we’ve got more ways than ever for clients to learn more and do more. Our curriculum is designed to make sure customers get the most out of their EPSi investment.

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Find out why you need to, and how you can, transform your health system’s approach to cost containment.

 

Transformation is more than an industry buzzword. It’s a must for those organizations that intend to succeed. Learn the five key pillars you need to have in place to drive change and take control of your path to success and profitability.
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