ASC Case Costing: Using Analytics to Improve Accuracy and Value

Join Amit Jiwani, Director of Analytics for SIS, as he:

Identifies the data that should be included in case costing
Explains how analytics helps ASCs better perform case costing
Discusses how to use case costing data to perform profitability analysis
Shares how ASCs can use case costing to support other initiatives, such as payer and supply contracting, conversations about preference items, and staffing levels
Examines how leveraging the right technologies will lead to improved data collection and analysis

Case costing is an essential process that helps ensure an ASC gets paid enough to cover its expenses and make a profit. Case costing can also help with a number of other key ASC processes. But the value of case costing and its ability to support improvement efforts are diminished when case costing data is missing information or is difficult and time-consuming to calculate. Enter analytics.

The use of analytics can allow ASCs to take case costing to a higher level — one that brings with it better accuracy of costing data and enhanced value of the data to support improvement efforts throughout the center.

This program is approved for 1.0 hours of AEUs by BASC Provider #1125.

SIS Success Stories

“I had never used an EMR before and didn’t want to start. But once I began working with SIS, I had an instant change of heart.”

⎯ Alana Booth, RN, CASC, Administrator at PCET

“Revenue Cycle Services has helped us decrease AR over 90 days from 41% to 26% and increase net collections by more than 60% so we have more revenue to invest in patient services.”

⎯ Joseph Myers, VP of Surgical Services at University Orthopedics Center

“SIS has reengineered ASC management software to streamline the steps to perform various functions. Everything you need is on one screen.”

⎯ Jennifer Bednarchik, Chief Operating Officer at Livonia Outpatient Surgery Center