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     CUSTOMIZED
COST ACCOUNTING

FOR HOSPITALS AND HEALTH SYSTEMS

At Precision Health Analytics, we help hospitals and health systems across the U.S. understand their costs, increase efficiency, and improve the bottom line. 

What is cost accounting?

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Cost accounting establishes correlations between resources consumed and activities performed during the process of creating value. It reveals:​

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What level of resources (inputs) have historically been consumed to deliver patient care (outputs)?

 

What do these resources cost when a particular product or service is delivered?

 

What is driving these costs?

 

Are revenues covering costs?​

​…at its most basic level, cost accounting is the means for understanding your hospital’s profitability and operational costs at a granular level.

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Who We Serve

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​​Health systems in rural and underserved populations have unique costing needs and considerations and require targeted and adaptive solutions.

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​Larger organizations have varied services lines, complex infrastructures, and increased care-coordination barriers to manage, requiring systematic, strategic review of direct and indirect costs.

Software and consulting organizations that serve hospitals and health systems can benefit from project-driven healthcare cost expertise.

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What our clients are saying...

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“Precision Health Analytics has a great understanding of the healthcare industry and the data that we need to pull to make the critical decisions that we need to make every day in our industry.”   — Jack Hughston Medical Center
“Precision Health Analytics was pivotal in putting together a scalable and process-oriented implementation model for healthcare analytical applications. Christie is a team player and has a natural ability to dig into the details while maintaining a focus on the big picture.”

— Agilum Healthcare Intelligence

“The experience and deep and varied knowledge in healthcare costing and operations found at Precision Health Analytics helped to provide robust solutions. Christie is highly focused and pays attention to the smallest of details.”   — Cleveland Clinic Abu Dhabi
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Read the CEO Blog

Catch up on our latest blog posts for insider industry information from Chief Executive Officer Christie Scanlon, CMA.

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© Precision Health Analytics 2024

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