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Find out why you need to, and how you can, transform your health's 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.

Get the most strategic results with
value-added consulting services.

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.

Strategy

At its core, strategy is the start to it all.  If there’s no strategy, there’s no vision for the operational management.  All the other components mean nothing.

Operational Excellence

Once the strategy is set, the next phase is to operate with excellence. This level of excellence drives highly productive resources, low cost care patterns. You can feel confident you have an optimal fixed cost infrastructure and know how you compare via benchmarking details.

Clinical Insights

With all the operational data and structures in place, you can quantify the impact of clinical variation and attribute true cost savings to chances in performance throughout the care continuum. Bridging financial data with clinical data becomes achievable, and your organization can now analyze that information to determine the right care pathways that balance quality and cost.

 

Cost Containment

Systems that master cost containment identify and remediate operational inefficiencies with prevision, removing excess expense only where appropriate, without adversely impacting care delivery.

EPSi Solutions Teams

Clinical
Insights

Clinical Health Score, HACs, Readmission Rates, Clinical Variation, Provider Variation, Consumer Engagement

Forecasting

Financial Forecasting Score, Clinical Forecasting Optimization, Rolling 12 Months, Real-Time Readiness

Contract Management

Underpayment Analysis, Contract Modeling, Contract Negotiations, Rate Modeling

Cost Containment

Operational Excellence Score, Benchmarking, Flex Budgeting,  Advanced Costing Techniques, Provider Costing, The Shift to Real-Time

Strategy

Strategic Success Score, Arc of the Possible, Long Range Planning, Volume to Volume Readiness, Faculties to Service Lines

Provider Management

Provider Network Score, Provider Budgeting, Provider Productivity, Referral Pattern Management, Provider Acquisition Strategy, Cost Attribution (PMPM)

ETL

Epic HB & PB Scripts, Cerner CCL & SQL Coding, SSIS Packages, Data Flow Automation, Data Conversions

Visualization

Art of Storytelling, Data Architecture for Visualization Optimization, Tableau Dashboards

Concierge

Concierge Services, Staff Augmentation Support

The Cloud

RealCost, Cost Accounting, Financial Forecast, Cloud Overview

Our Latest News & Industry Insights

Strata Decision Technology completes acquisition of EPSi

Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance tools for healthcare, today announced that it has reached a definitive agreement to acquire EPSi from Allscripts (NASDAQ: MDRX) for $365 million. EPSi is a leading provider of financial decision support and planning tools for hospitals and health systems.

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Helping Hospitals Get Back on their Feet with Advanced Analytics

The healthcare market is still in chaos. Despite COVID-19 cases peaking and then declining in most parts of the US, hospitals are struggling to return to even a semblance of normalcy. As severe as the Great Recession of 2007 to 2009 was, the fallout from the pandemic has arguably eclipsed it, not least because the factors involved aren’t merely fiscal but reach into every aspect of our society.

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Strata Decision Technology to Acquire EPSi from Allscripts

Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance tools for healthcare, today announced that it has reached a definitive agreement to acquire EPSi from Allscripts (NASDAQ: MDRX) for $365 million. EPSi is a leading provider of financial decision support and planning tools for hospitals and health systems.

read more