Financial Empowerment Take control of your financial future with a complete picture of your economic ecosystem. Robust financial data reveals the true cost of care delivery, referral leakage areas, and patient access barriers, so leaders can seize revenue growth opportunities. Elevate your financial performance with a sustainable financial care model that boosts your bottom line. Request More Info + Revenue Cycle Healthcare systems are faced with significant margin compression, increasing costs, fragmented business models, and associated loss of revenue. Managing the revenue cycle to accelerate collection rate and restore revenue integrity can lead to significant financial improvements. Growth and Expansion Healthcare leaders increasingly review service line programs, mergers and acquisitions, and digital retail to identify strategies with the strongest positive margins, capitalize on the need for new areas of specialization, and discover opportunities to improve performance. Organizations with effective service-line strategies integrate clinical and financial data, leverage technology to assess demographic needs, and deliver better care and higher value. Patient Flow and Volume Many health systems face problems with both acute and ambulatory capacity, which limits volume and revenue growth—and potentially reduces patient and staff access. Improving access and reducing referral leakage by adjusting key processes can increase capacity without relying on costly construction and other measures. Labor Management As demand and costs for labor soar, some healthcare systems are seeing a substantial annual increase in their labor spend. With a disciplined, data-driven approach, organizations can successfully manage this growth—and both lower costs and raise patient satisfaction. Supply Chain Supply costs are the second-largest expense item for a healthcare system and interventional supplies often represent a major portion of this spend. Organizations that thoughtfully improve their interventional supply chain can significantly lower their overall supply costs while preserving patient safety and provider engagement. Activity-Based Costing Manage the cost of care with a manufacturing-style activity-based costing solution that provides a comprehensive view of true costs, surfaces opportunities to improve outcomes, and is scalable and maintainable. Financial Empowerment Offerings Learn how Health Catalyst can help you maximize your data and drive massive, measurable improvement. Request More Info + Recommended Success Story November 17, 2021 Smartsourcing Clinical Data Abstraction Reduces Costs and Improves Value Success Story November 3, 2021 Smartsourcing Clinical Data Abstraction Continues to Deliver Value While Reducing Costs Success Story October 27, 2021 Digital Technologies Transforms Ambulatory Operations Saving a Projected $7M Insight October 26, 2021 Surprise Billing in Healthcare: The No Surprises Act Takes a Stand for Patients Explore More Offerings AI and Data Science Clinical Quality Analytics COVID-19 Response Data and Analytics Health Catalyst University Life Sciences Payer Population Health Group 37 Transforming Healthcare Is Our Passion Health Catalyst is a leading provider of data and analytics technology and services to healthcare organizations, committed to being the catalyst for massive, measurable, data-informed healthcare improvement. Health Catalyst Offerings Offerings Health Catalyst offerings enable customers to manage data, derive analytic insights, and produce measurable improvements. AI and Data Science Clinical Quality Analytics COVID-19 Response Data and Analytics Financial Empowerment Health Catalyst University Life Sciences Payer Population Health Knowledge Center Learn Explore resources from healthcare experts by category or content type. Success Stories Insights Webinars White Papers eBooks & Handbooks Videos MSSP Calculator About Us Company Health Catalyst was founded by a team of healthcare experts who developed innovative architecture and analytic applications to help health systems realize measurable value. Newsroom About Us Careers Job Openings Our Leadership Our Clients Investor Relations Request Demo Contact Us Learn about our offerings, send a media inquiry, explore partnership opportunities, and more. Contact Client Support Information Security Healthcare Analytics Summit HAS 2021 HAS 21 Virtual explores trends and best practices across multiple domains for analytics success. HAS 2021 Virtual Summit Terms & Conditions Privacy Policy © 2021 Health Catalyst. All rights reserved This site uses cookies We take pride in providing you with relevant, useful content. May we use cookies to track what you read? We take your privacy very seriously. Please see our privacy policy for details and any questions. Accept Cookies Continue with limited experience