How CostFlex’s Decision Support Tools for Hospitals Help Them Make Informed Decisions

By CostFlex | April 8, 2024

Hospitals around the country are struggling to survive. Some have filed for bankruptcy, and others have divested or closed certain…

How CAH Hospitals can use CostFlex Products for Cost Reimbursement Computation

By CostFlex | April 2, 2024

Many critical access hospitals (CAH) face challenges determining the actual reimbursements they will receive from Medicare and other cost-reimbursed accounts…

How to Classify Patients within Service Lines

By CostFlex | March 13, 2024

As a healthcare provider, you want to deliver the highest level of care to your patients while remaining profitable and…

Top 4 Benefits of Activity Based Cost Accounting for Hospitals

By CostFlex | March 4, 2024

When determining which method of cost accounting to utilize, hospitals have a crucial choice on their hands. At first glance,…

Top 10 Hospital Cost Accounting Trends in 2023

By CostFlex | February 29, 2024

Looking back on 2023, we can identify some key hospital cost accounting trends worth considering as you move forward in…

3 Reasons Why Service Line Cost Accounting in Hospitals is Crucial

By CostFlex | January 25, 2024

Healthcare needs are unpredictable, making accurate revenue calculation challenging for hospitals and other healthcare organizations. Other industries can build recurring…

3 Hospital Cost Accounting Best Practices You Need to Know

By CostFlex | November 2, 2023

The accounting side of the healthcare industry is a complex world of countless variables and competing methodologies on how best…

Cost Accounting Essentials for Healthcare Organizations

By CostFlex | October 15, 2023

It is tough to turn a profit consistently with the razor-thin margins of the healthcare industry. To make matters more…

4 Ways Payer Contract Analyzer Can Save Your Healthcare Organization Money

By CostFlex | July 3, 2023

As healthcare providers, your costs and charges are always evolving. To avoid losses, negotiating and keeping up with many payer…

What Is Hospital Cost Accounting As A Service?

By CostFlex | June 19, 2023

As a healthcare finance professional, your value for accurate hospital cost accounting data is immeasurable. But unfortunately, the workforce or…