Why Hospitals Choose CostFlex
Hospitals use CostFlex to improve financial decision making with more accurate cost accounting, stronger reimbursement insight, and clearer operational analysis. Built specifically for healthcare finance teams, the platform supports better visibility into patient costs, service line performance, and hospital profitability.
Activity-Based Cost Accounting
Healthcare Cost Accounting
Payer Contract Analyzer
SQL Enterprise DSS Warehouse and Reporting
Correctly restates expenses in terms of the specific patient charges and procedures that received benefit from every expense dollar on a monthly basis after financial closings.
CostFlex offers custom healthcare cost accounting solutions tailored to your staff and organization to ensure your system meets your organization’s unique needs
Managing numerous payer contracts and ensuring proper reimbursement is much easier with the CostFlex Payer Contract Analyzer solution.
Gathers, analyzes, stores, and reports DSS data that helps healthcare organizations make more informed decisions. The ability to compare facilities across all service lines is fully supported.
TESTIMONIALS
“Our region was up and running with accurate cost data in a few short months with CostFlex. The other regions in our organization made million dollar mistakes with a consultant staffed approaches to standard costing that were scrapped after two long/full years of work. I am pleased to endorse the CostFlex product methods.”
— Chief Financial Officer 600 Bed Organization, Midwest Region
“At my Critical Access facility, CostFlex provides the cost data accuracy I need with the least maintenance requirements of any system I have encountered.”
— Chief Financial Officer Critical Access Facility, Western Region
“In a few years since we started using CostFlex, we have averaged over $3 million a year in underpayment recoveries.”
— V.P. of Finance 4 Hospital System, Southeast Region
“Through the years, I have been a CFO with HCA and similar sized healthcare providers. I have never experienced the type of support I receive constantly from the CostFlex team. As a current CFO and CFO group member with my state’s hospital association, I endorse the tools and company constantly.”
— Chief Financial Officer Critical Access Facility, Western Region
“I appreciate the way the CostFlex team cares for my hospital. Their culture of customer service is first class. I have never worked with an outside vendor that has had such a proactive approach in finding ways to help me meet my hospital’s needs.”
— Chief Financial Officer 100 Bed Organization, Midwest Region
“CostFlex is quite simply the best software purchase decision I have made as CFO at the hospital.”
— Chief Financial Officer 600 Bed Organization, Midwest Region
“CostFlex is providing the information that supports our business plan.”
— V.P. of Finance 2300 Bed Hospital, Southeast Region
“As I always tell everybody, your firm is unique in the way you respond to customers. I am always happy to be a CostFlex client reference I want the world to know that CostFlex always delivers.”
— Chief Financial Officer Critical Access Facility, Western Region
“I created a variance report that identified over 5 million dollars in potential underpayments. Needless to say, this tool has been especially successful.”
— Director of Decision Support 500+ Bed Organization, Western Region
"I have been using CostFlex's Cost Accounting System for over three years and my organization for 22 years. It is an excellent costing system, and they continue to make meaningful enhancements to the system to meet the needs of the end user. Their customer service is awesome. The personal attention they give to the client is unmatched. I personally have not had a company take care of their clients like the people at CostFlex. Love working with their system and team. Keep up the great work CostFlex! Your clients appreciate all you do."
- Chad, Summa, Ohio
THE COSTFLEX ADVANTAGE
As a hospital CFO or administrator, you’re tasked with balancing financial sustainability and quality patient care—yet, without advanced cost accounting, payer contract automation, and decision support software, achieving optimal financial performance is nearly impossible. Today’s most successful hospitals leverage data-driven insights to cut waste, maximize reimbursements, and drive profitability. With the right technology, you can gain real-time financial clarity, negotiate better payer contracts, and position your facility for long-term financial health in an unpredictable industry.
With over 30 years of proven client success, CostFlex Systems, Inc., has become one of today’s leading healthcare finance management and healthcare analytics software companies. Unlike the solutions that are generic to any industry available with every Internet search, our decision support software for hospitals is designed specifically for hospitals and healthcare organizations. After more than three decades of continuous refinement, our industry-specific tools are the most efficient and accurate decision support software products available.
We complete turnkey installations for all of our software solutions in 8 weeks or less, including staff training. Our clients receive ongoing support from our expert developers from then on, along with regular maintenance and software updates that optimize performance and adapt to changes in the laws and regulations that govern healthcare.
GET IN TOUCH WITH US
Ready to see firsthand how our cost accounting and revenue cycle management software can help your hospital or healthcare organization? Please complete this form to schedule a product demonstration. All clients who purchase CostFlex software receive an unconditional satisfaction guarantee in writing, and you’ll be entitled to a warranty for three full months after a completed turnkey installation.
If you have questions about CostFlex Systems, Inc., or any of our healthcare decision support products or professional services, feel free to contact us online or by phone during regular office hours.