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Get Actionable Insights to Drive your Healthcare Business with our Decision Support Solutions

Enabling healthcare providers to manage costs and deliver quality patient care effectively

Due to continuous changes in the economic environment, the healthcare sector is in need of both activity-based costing and insurance-based reimbursement models that use sophisticated data modeling to derive the average costs of each service or DRG (diagnosis-related group).

The demand for services – including increased service requests and improved service quality – comes at a time when the availability of funds is highly volatile. Cost-to-serve is under increased scrutiny as authorities need to do more with less; as a result, transformation is driven by the need for greater efficiencies.

200+ Healthcare Organizations have chosen Evosys

Adventist Health, USA

Adventist Health reduces costs and augments profitability with Evosys' Oracle Cloud Solutions

Our Offerings

Evosys’ Proﬁtability and Costing Solution assists with the identiﬁcation of true costs in this complex environment, oﬀering a key advantage for businesses and helping healthcare providers achieve quality patient care combined with eﬀective cost management.

The solution transforms a vertically-organized healthcare system in which individual hospitals are responsible for the P&L, to a horizontally-oriented service line management approach where dual leadership (clinical and administrative) teams are responsible for the ﬁnancial bottom line.

Evosys has worked with more than 200 healthcare customers across the globe, helping them to achieve sustainable operational excellence and cost-eﬀective patient care.

Margin Analysis
Population Health Analysis

What-If Analysis
Physician Level Reports

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Pain Areas

Excel/Access-based costing processes
No standardized or centralized processes
Users unable to perform what-if analysis based on various drivers or assumptions
Difficulty in identifying factors leading to erroneous results due to lack of proper drill-down features
Slow costing results due to complex allocation logic
Difficulties in adding/changing costing methodologies
Lack of transparency into direct/indirect costs
Lack of proper reconciliation processes at various stages, leading to over and under absorption of costs
Lack of management insight reporting

Business Benefits

Faster, more streamlined costing processes
Scientiﬁc information leading to easier decision-making on key issues
Interactive predictive analysis to provide CXOs with a decision support system (excluding retroactive reports)
Data security and robust process ﬂows
Analytics and insights that help transform the delivery of care and generate a return
The ability to identify and reform operational ineﬃciency with precision
Integration and automation of ﬁnancial, payroll and hospital information systems (EPIC, Cerner, etc.)
Transparency into cost and revenue allocations via traceability maps
The ability to analyze and compute the impact of clinical variations with various 'what-if' analysis scenarios and plan optimal patient care strategies