ExactCost, Inc. is a privately owned, leading technology company, dedicated to improving healthcare performance and quality utilizing the activity-based methods of cost and performance management. ExactCost is based in South Florida and functions as an Application Service Provider (ASP) delivering our web-based solutions via the Internet.
ExactCost® is a Knowledge-Driven Performance Management Solution Suite designed specifically to assist healthcare managers to contain costs, improve performance, and achieve financial transformation. ExactCost integrates raw data collected existing information systems in the healthcare organization and presents it to decision-makers as actionable information that can be used to achieve financial and operational goals.
ExactCost provides the pre-defined Data Dictionaries, Activity-Based Application tools, and Professional Services needed to assist healthcare organizations to rapidly implement an effective performance management framework and achieve financial transformation.
ExactCost® and Decision Support Systems (DSS) for the healthcare industry are complementary systems. Together they result in an exceptionally high level of accuracy; and enhance the ability of healthcare managers to achieve organizational-wide cost containment and improve performance.
Traditional costing systems typically report information that is accounting-oriented, inaccurate, not flexible and out-of-date. Also, they do not focus on where or why costs occur and provide little insight into the causes of variances.
An application service provider (ASP) is a business that provides computer-based services to customers over a network. The application software resides on the vendor's system and is accessed by users through a web browser.
Benefits of ExactCost’s solutions can be realized at ALL LEVELS of the healthcare organization. Our users include C-level executives (CFO, CEO, etc.), administrators, and department managers of healthcare delivery organizations.
