ExactCost integrates raw data extracted from each customer's existing information systems into the data dictionaries needed to drive the customer-specific Activity-Based applications.
Healthcare organizations have Information Technology (IT) systems in place that can be leveraged for implementing activity-based methods. These systems include: enterprise resource planning systems (ERP), surgical information systems (SIS), radiology information systems (RIS), laboratory information systems (LIS), picture archive communication systems (PACS), purchasing systems, inventory systems, payroll, labor systems, billing systems, and many others.
What has been missing in the marketplace of healthcare IT is the ability to collect raw data from these existing systems, and integrate it into the data dictionaries needed to drive an Activity-Based Costing system.
Enter: ExactCost.
| ExactCost's technology has made it infinitely easier and much more attractive for the healthcare industry to adopt the ABC methodology. |
The following diagram shows ExactCost's Data Processing Flow:
ExactCost’s proprietary Analytical Engine processes raw data extracted from existing IT systems together with pre-defined data dictionaries, formulas and rules, and transforms it into actionable information accessible to authorized users through standard Web browser technologies.
