With rising health care costs, declining reimbursements, and inevitable funding challenges, cost containment is essential. CCH Tagetik for Healthcare enables you to balance quality health care while controlling costs. Healthcare providers can use our integrated solution to plan more effectively, while managing patient, procedure, and staffing costs.
By aligning all budgets, plans and reports in a unified solution, you’ll generate accurate patient revenue plans, optimize workforce schedules, map out capital expenditures, and create reimbursement models, all while reporting compliantly and in step with evolving regulations. Streamline healthcare operations, advance clinical research, and tighten margins. Let CCH Tagetik automate your financial processes so you can focus on the most important thing: patient care.
3 reasons why CCH Tagetik for Healthcare lets you focus on your business
Use patient-level details to uncover hidden insights
Whether you need to analyze care units, day surgery costs, or payers, or determine how much insurance companies will reimburse patients, CCH Tagetik enables you to use patient-level details to uncover hidden insights and produce more accurate forecasts.
- See the effects of HR changes on wards and offices
- Analyze detail-level costs like physician or care unit
- Simplify reimbursement modelling
- Model operational drivers using patient details
- Real-time monitoring of healthcare industry KPIs
Ensure value-based patient care
Identify your true costs to optimize funding. Use our allocation engine, driver-based models, and activity-based costing to create detailed budgets by analyzing operational drivers like outpatient care revenue or cost per hospital bed.
- Library of healthcare specific drivers
- Analysis of new HMO programs and capital requests
- Track employee-level details like salary and sick leave
- Alerts for actual-to-budget variance thresholds
- Easy compliance with integrated reporting